Nasdaq (NDAQ) Free Cash Flow (2009 - 2026)

Nasdaq has disclosed Free Cash Flow across 18 years of filings, most recently posting $629.0 million for Q1 2026.

• Free Cash Flow for Q1 2026 came in at $629.0 million, up 2.44% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 8.03% YoY), and the FY2025 annual result was $2.0 billion, up 14.84% from the prior year.
• Free Cash Flow came in at $629.0 million for Q1 2026 at Nasdaq, up from $536.0 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $687.0 million in Q2 2025 to a low of $152.0 million in Q3 2025.
• The 5-year median for Free Cash Flow is $460.0 million (2022), against an average of $437.8 million.
• Across the five-year window, Free Cash Flow surged 879.41% in 2022 and decreased 28.52% in 2024, its largest moves.
• Nasdaq's Free Cash Flow stood at $460.0 million in 2022, then retreated by 18.48% to $375.0 million in 2023, then surged by 72.0% to $645.0 million in 2024, then declined by 16.9% to $536.0 million in 2025, then grew by 17.35% to $629.0 million in 2026.
• The last three Free Cash Flow figures came in at $629.0 million (Q1 2026), $536.0 million (Q4 2025), and $152.0 million (Q3 2025), per Business Quant data.