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| Date | Value |
|---|---|
| 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 |