KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Goodwill & Intangibles (2009 - 2026)

Nasdaq recorded quarterly Goodwill & Intangibles of $20.7 billion in Q1 2026, down 0.95% quarter-over-quarter from $20.9 billion in Q4 2025, and down 1.55% year-over-year from $21.0 billion in Q1 2025.

Nasdaq's Goodwill & Intangibles history runs 18 years deep, the most recent figure standing at $20.7 billion for Q1 2026.

  • In Q1 2026, Goodwill & Intangibles fell 1.55% year-over-year to $20.7 billion; the TTM figure through Mar 2026 stood at $20.7 billion (down 1.55% YoY), while the FY2025 annual figure was $20.9 billion, changed 0.1% from the prior year.
  • Goodwill & Intangibles came in at $20.7 billion for Q1 2026 at Nasdaq, down from $20.9 billion in the prior quarter.
  • In the past five years, Goodwill & Intangibles ranged from a high of $21.6 billion in Q4 2023 to a low of $10.4 billion in Q3 2023.
  • A 5-year average of $16.8 billion and a median of $20.9 billion in 2024 frame the typical range for Goodwill & Intangibles.
  • Across the five-year window, Goodwill & Intangibles fell 7.6% in 2022 and jumped 103.54% in 2024, its largest moves.
  • Nasdaq's Goodwill & Intangibles stood at $10.7 billion in 2022, then soared by 101.83% to $21.6 billion in 2023, then slipped by 3.22% to $20.9 billion in 2024, then rose by 0.1% to $20.9 billion in 2025, then fell by 0.95% to $20.7 billion in 2026.
  • According to Business Quant data, Goodwill & Intangibles over the past three periods registered $20.7 billion, $20.9 billion, and $21.0 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

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DateValue
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
Jun 30, 2021 11.53 Bn
Mar 31, 2021 11.48 Bn
Dec 31, 2020 9.11 Bn
Sep 30, 2020 8.82 Bn
Jun 30, 2020 8.70 Bn
Mar 31, 2020 8.53 Bn
Dec 31, 2019 8.62 Bn
Sep 30, 2019 8.47 Bn
Jun 30, 2019 8.69 Bn
Mar 31, 2019 8.71 Bn
Dec 31, 2018 8.66 Bn
Sep 30, 2018 8.70 Bn
Jun 30, 2018 8.71 Bn
Mar 31, 2018 8.98 Bn
Dec 31, 2017 9.05 Bn
Sep 30, 2017 8.25 Bn
Jun 30, 2017 8.34 Bn
Mar 31, 2017 8.15 Bn
Dec 31, 2016 2.64 Bn
Sep 30, 2016 7.09 Bn
Jun 30, 2016 2.41 Bn
Mar 31, 2016 6.35 Bn
Dec 31, 2015 7.35 Bn
Sep 30, 2015 6.01 Bn
Jun 30, 2015 5.47 Bn
Mar 31, 2015 5.35 Bn
Dec 31, 2014 6.17 Bn
Sep 30, 2014 7.30 Bn
Jun 30, 2014 7.61 Bn
Mar 31, 2014 8.54 Bn
Dec 31, 2013 417.00 Mn
Sep 30, 2013 8.60 Bn
Jun 30, 2013 8.43 Bn
Mar 31, 2013 6.30 Bn
Dec 31, 2012 10.00 Mn
Sep 30, 2012 6.93 Bn
Jun 30, 2012 6.73 Bn
Mar 31, 2012 6.89 Bn
Dec 31, 2011 6.71 Bn
Sep 30, 2011 6.70 Bn
Jun 30, 2011 7.11 Bn
Mar 31, 2011 7.11 Bn
Dec 31, 2010 5.20 Bn
Sep 30, 2010 6.72 Bn
Jun 30, 2010 6.04 Bn
Dec 31, 2009 6.43 Bn