Nasdaq (NDAQ) Income Taxes Paid (2009 - 2026)
Nasdaq (NDAQ) posted Income Taxes Paid of $66 million for Q3 2026, up 50.0% from $44 million a year earlier but down 43.6% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Income Taxes Paid (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Income Taxes Paid at Nasdaq was $503 million, up 47.1% year-over-year; for FY2025, it was $373 million, up 4.2% from FY2024.
- Annual Income Taxes Paid shows a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- In prior years, Nasdaq's Income Taxes Paid was $358 million in FY2024 (+40.9%), $254 million in FY2023 (-7.3%), $274 million in FY2022 (-45.3%) and $501 million in FY2021 (+72.8%).
- Quarterly Income Taxes Paid has run from a low of $18 million in Q1 2023 to a high of $167 million in Q1 2026 over five years.
- On a year-over-year basis, Income Taxes Paid increased in six of the last eight quarters, with growth averaging 68.5%.
- The strongest year-over-year quarter for Income Taxes Paid in the past five years was Q1 2026, with growth of 271.1%; the weakest was Q2 2022, with a decline of 70.1%.
- According to Business Quant data, Income Taxes Paid for the three prior quarters was $117 million (Q2 2026), $167 million (Q1 2026) and $153 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | 332.90 Mn |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | 379.00 Mn |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 292.00 Mn |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | 59.00 Mn |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | 66.00 Mn |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | 135.00 Mn |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | 136.40 Mn |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | 103.00 Mn |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | 202.90 Mn |
| 10 | Tradeweb Markets | 27.14 Bn | 18.94 Bn | - | 23.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 66.00 Mn |
| Jun 30, 2026 | 117.00 Mn |
| Mar 31, 2026 | 167.00 Mn |
| Dec 31, 2025 | 153.00 Mn |
| Sep 30, 2025 | 44.00 Mn |
| Jun 30, 2025 | 131.00 Mn |
| Mar 31, 2025 | 45.00 Mn |
| Dec 31, 2024 | 122.00 Mn |
| Sep 30, 2024 | 134.00 Mn |
| Jun 30, 2024 | 79.00 Mn |
| Mar 31, 2024 | 23.00 Mn |
| Dec 31, 2023 | 56.00 Mn |
| Sep 30, 2023 | 62.00 Mn |
| Jun 30, 2023 | 118.00 Mn |
| Mar 31, 2023 | 18.00 Mn |
| Dec 31, 2022 | 70.00 Mn |
| Sep 30, 2022 | 71.00 Mn |
| Jun 30, 2022 | 104.00 Mn |
| Mar 31, 2022 | 29.00 Mn |
| Dec 31, 2021 | 76.00 Mn |
API Access
Nasdaq Income Taxes Paid 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=income-taxes-paid&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-taxes-paid", "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=income-taxes-paid&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();