Nasdaq (NDAQ) Intangibles (2009 - 2026)
Nasdaq (NDAQ) posted Intangibles of $6.2 billion for Q2 2026, down 2.4% sequentially from $6.4 billion in Q1 2026, and down 7.68% YoY from $6.7 billion in Q2 2025.
Nasdaq (NDAQ) Intangibles (2009 - 2026) Analysis & Trends
Nasdaq has reported Intangibles for 18 years, with the latest figure at $6.2 billion in Q2 2026.
- Quarterly Intangibles fell 7.68% year-over-year to $6.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.2 billion (down 7.68% YoY) and the FY2025 annual result came in at $6.5 billion, down 5.71% from the prior year.
- Intangibles fell to $6.2 billion in Q2 2026 per NDAQ's latest filing, from $6.4 billion in the prior quarter.
- Over five years, Intangibles peaked at $7.4 billion in Q4 2023 and troughed at $2.4 billion in Q3 2023.
- A 5-year average of $5.2 billion and a median of $6.4 billion in 2025 frame the typical range for Intangibles.
- The sharpest annual moves came in 2022 and 2024: Intangibles declined 10.47% in 2022, then jumped 189.13% in 2024.
- Over 5 years, Intangibles stood at $2.6 billion in 2022, then soared by 188.38% to $7.4 billion in 2023, then slipped by 7.23% to $6.9 billion in 2024, then fell by 5.71% to $6.5 billion in 2025, then retreated by 4.42% to $6.2 billion in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $6.2 billion, $6.4 billion, and $6.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 15.70 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | 2.49 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 14.87 Bn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | 1.75 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 6.22 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | 1.47 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 855.90 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 1.18 Bn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 3.52 Bn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | 1.87 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.22 Bn |
| Mar 31, 2026 | 6.38 Bn |
| Dec 31, 2025 | 6.51 Bn |
| Sep 30, 2025 | 6.62 Bn |
| Jun 30, 2025 | 6.74 Bn |
| Mar 31, 2025 | 6.83 Bn |
| Dec 31, 2024 | 6.91 Bn |
| Sep 30, 2024 | 7.07 Bn |
| Jun 30, 2024 | 7.17 Bn |
| Mar 31, 2024 | 7.29 Bn |
| Dec 31, 2023 | 7.44 Bn |
| Sep 30, 2023 | 2.45 Bn |
| Jun 30, 2023 | 2.49 Bn |
| Mar 31, 2023 | 2.55 Bn |
| Dec 31, 2022 | 2.58 Bn |
| Sep 30, 2022 | 2.58 Bn |
| Jun 30, 2022 | 2.67 Bn |
| Mar 31, 2022 | 2.75 Bn |
| Dec 31, 2021 | 2.81 Bn |
| Sep 30, 2021 | 2.89 Bn |