Nasdaq (NDAQ) Goodwill (2009 - 2026)

Nasdaq's (NDAQ) quarterly Goodwill came in at $14.3 billion in Q1 2026, up 0.9% year-on-year from $14.2 billion in Q1 2025, and little changed quarter-over-quarter from $14.4 billion in Q4 2025.

Nasdaq (NDAQ) Goodwill (2009 - 2026) Analysis & Trends

Nasdaq has disclosed Goodwill across 18 years of filings, most recently posting $14.3 billion for Q1 2026.

  • Goodwill for Q1 2026 came in at $14.3 billion, up 0.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.3 billion (up 0.9% YoY), and the FY2025 annual result was $14.4 billion, up 2.97% from the prior year.
  • Goodwill came in at $14.3 billion for Q1 2026 at Nasdaq, roughly flat from $14.4 billion in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $14.4 billion in Q4 2025 to a low of $7.9 billion in Q3 2022.
  • The 5-year median for Goodwill is $14.0 billion (2024), against an average of $11.7 billion.
  • Across the five-year window, Goodwill dropped 6.63% in 2022 and jumped 77.33% in 2024, its largest moves.
  • Nasdaq's Goodwill stood at $8.1 billion in 2022, then surged by 74.24% to $14.1 billion in 2023, then decreased by 1.1% to $14.0 billion in 2024, then advanced by 2.97% to $14.4 billion in 2025, then dropped by 0.45% to $14.3 billion in 2026.
  • The last three Goodwill figures came in at $14.3 billion (Q1 2026), $14.4 billion (Q4 2025), and $14.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn -
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.31 Bn
Dec 31, 2025 14.37 Bn
Sep 30, 2025 14.34 Bn
Jun 30, 2025 14.33 Bn
Mar 31, 2025 14.18 Bn
Dec 31, 2024 13.96 Bn
Sep 30, 2024 14.17 Bn
Jun 30, 2024 13.98 Bn
Mar 31, 2024 13.97 Bn
Dec 31, 2023 14.11 Bn
Sep 30, 2023 7.99 Bn
Jun 30, 2023 8.02 Bn
Mar 31, 2023 8.10 Bn
Dec 31, 2022 8.10 Bn
Sep 30, 2022 7.95 Bn
Jun 30, 2022 8.15 Bn
Mar 31, 2022 8.34 Bn
Dec 31, 2021 8.43 Bn
Sep 30, 2021 8.51 Bn
Jun 30, 2021 8.59 Bn