Nasdaq (NDAQ) Goodwill & Intangibles (2009 - 2026)
Nasdaq's Goodwill & Intangibles came in at $20.47 billion for Q2 2026, down 2.9% from $21.07 billion a year earlier and down 1.0% from the prior quarter.
Nasdaq (NDAQ) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq's Goodwill & Intangibles was $20.88 billion, up 0.1% from FY2024.
- Goodwill & Intangibles carries a five-year compound annual growth rate of 18.1% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $20.86 billion in FY2024 (-3.2%), $21.56 billion in FY2023 (+101.8%), $10.68 billion in FY2022 (-5.0%) and $11.25 billion in FY2021 (+23.5%).
- The Q2 2026 figure represents the lowest quarterly Goodwill & Intangibles since Q3 2023.
- Year-over-year, Goodwill & Intangibles increased in two of the last eight quarters, with growth averaging 11.6%.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q3 2024 (growth of 103.5%), and the weakest in Q3 2022 (a decline of 7.6%).
- Business Quant data shows NDAQ's Goodwill & Intangibles at $20.68 billion (Q1 2026), $20.88 billion (Q4 2025) and $20.96 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.47 Bn |
| Mar 31, 2026 | 20.68 Bn |
| Dec 31, 2025 | 20.88 Bn |
| Sep 30, 2025 | 20.96 Bn |
| Jun 30, 2025 | 21.07 Bn |
| Mar 31, 2025 | 21.01 Bn |
| Dec 31, 2024 | 20.86 Bn |
| Sep 30, 2024 | 21.24 Bn |
| Jun 30, 2024 | 21.16 Bn |
| Mar 31, 2024 | 21.27 Bn |
| Dec 31, 2023 | 21.56 Bn |
| Sep 30, 2023 | 10.43 Bn |
| Jun 30, 2023 | 10.51 Bn |
| Mar 31, 2023 | 10.65 Bn |
| Dec 31, 2022 | 10.68 Bn |
| Sep 30, 2022 | 10.53 Bn |
| Jun 30, 2022 | 10.82 Bn |
| Mar 31, 2022 | 11.09 Bn |
| Dec 31, 2021 | 11.25 Bn |
| Sep 30, 2021 | 11.40 Bn |
Nasdaq Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=NDAQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();