Nasdaq (NDAQ) Goodwill (2009 - 2026)
Nasdaq recorded quarterly Goodwill of $14.3 billion in Q1 2026, little changed quarter-over-quarter from $14.4 billion in Q4 2025, and up 0.9% year-over-year from $14.2 billion in Q1 2025.
Nasdaq's Goodwill history runs 18 years deep, the most recent figure standing at $14.3 billion for Q1 2026.
- In Q1 2026, Goodwill rose 0.9% year-over-year to $14.3 billion; the TTM figure through Mar 2026 stood at $14.3 billion (up 0.9% YoY), while the FY2025 annual figure 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.
- A 5-year average of $11.7 billion and a median of $14.0 billion in 2024 frame the typical range for Goodwill.
- Across the five-year window, Goodwill declined 6.63% in 2022 and surged 77.33% in 2024, its largest moves.
- Nasdaq's Goodwill stood at $8.1 billion in 2022, then soared by 74.24% to $14.1 billion in 2023, then slipped by 1.1% to $14.0 billion in 2024, then climbed by 2.97% to $14.4 billion in 2025, then declined by 0.45% to $14.3 billion in 2026.
- According to Business Quant data, Goodwill over the past three periods registered $14.3 billion, $14.4 billion, and $14.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Mar 31, 2021 | 8.51 Bn |
| Dec 31, 2020 | 6.85 Bn |
| Sep 30, 2020 | 6.60 Bn |
| Jun 30, 2020 | 6.49 Bn |
| Mar 31, 2020 | 6.33 Bn |
| Dec 31, 2019 | 6.37 Bn |
| Sep 30, 2019 | 6.23 Bn |
| Jun 30, 2019 | 6.38 Bn |
| Mar 31, 2019 | 6.38 Bn |
| Dec 31, 2018 | 6.36 Bn |
| Sep 30, 2018 | 6.37 Bn |
| Jun 30, 2018 | 6.36 Bn |
| Mar 31, 2018 | 6.55 Bn |
| Dec 31, 2017 | 6.59 Bn |
| Sep 30, 2017 | 6.15 Bn |
| Jun 30, 2017 | 6.24 Bn |
| Mar 31, 2017 | 6.07 Bn |
| Dec 31, 2016 | 549.00 Mn |
| Sep 30, 2016 | 6.21 Bn |
| Jun 30, 2016 | 549.00 Mn |
| Mar 31, 2016 | 5.66 Bn |
| Dec 31, 2015 | 5.40 Bn |
| Sep 30, 2015 | 5.42 Bn |
| Jun 30, 2015 | 5.47 Bn |
| Mar 31, 2015 | 5.35 Bn |
| Dec 31, 2014 | 5.54 Bn |
| Sep 30, 2014 | 5.80 Bn |
| Jun 30, 2014 | 6.07 Bn |
| Mar 31, 2014 | 6.17 Bn |
| Dec 31, 2013 | 312.00 Mn |
| Sep 30, 2013 | 6.19 Bn |
| Jun 30, 2013 | 6.05 Bn |
| Mar 31, 2013 | 5.31 Bn |
| Dec 31, 2012 | 9.00 Mn |
| Sep 30, 2012 | 5.29 Bn |
| Jun 30, 2012 | 5.10 Bn |
| Mar 31, 2012 | 5.21 Bn |
| Dec 31, 2011 | 5.06 Bn |
| Sep 30, 2011 | 5.05 Bn |
| Jun 30, 2011 | 5.35 Bn |
| Mar 31, 2011 | 5.34 Bn |
| Dec 31, 2010 | 5.13 Bn |
| Sep 30, 2010 | 5.04 Bn |
| Jun 30, 2010 | 4.53 Bn |
| Dec 31, 2009 | 4.80 Bn |