Nasdaq (NDAQ) Interest Expenses (2009 - 2026)
Nasdaq recorded quarterly Interest Expenses of $87.0 million in Q1 2026, down 1.14% quarter-over-quarter from $88.0 million in Q4 2025, and down 9.38% year-over-year from $96.0 million in Q1 2025.
Nasdaq's Interest Expenses history runs 18 years deep, the most recent figure standing at $87.0 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 9.38% year-over-year to $87.0 million; the TTM figure through Mar 2026 stood at $357.0 million (down 10.97% YoY), while the FY2025 annual figure was $367.0 million, down 11.35% from the prior year.
- Interest Expenses came in at $87.0 million for Q1 2026 at Nasdaq, down from $88.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $110.0 million in Q4 2023 to a low of $32.0 million in Q1 2022.
- A 5-year average of $75.2 million and a median of $88.0 million in 2025 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 233.33% in 2023 and decreased 14.71% in 2025, its largest moves.
- Nasdaq's Interest Expenses stood at $33.0 million in 2022, then surged by 233.33% to $110.0 million in 2023, then dropped by 8.18% to $101.0 million in 2024, then dropped by 12.87% to $88.0 million in 2025, then declined by 1.14% to $87.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $87.0 million, $88.0 million, and $87.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 96.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 43.60 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 203.00 Mn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 87.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 22.57 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 69.10 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 13.30 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 62.00 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 13.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 87.00 Mn |
| Mar 31, 2026 | 87.00 Mn |
| Dec 31, 2025 | 88.00 Mn |
| Dec 31, 2025 | 88.00 Mn |
| Sep 30, 2025 | 87.00 Mn |
| Sep 30, 2025 | 87.00 Mn |
| Jun 30, 2025 | 95.00 Mn |
| Jun 30, 2025 | 95.00 Mn |
| Mar 31, 2025 | 96.00 Mn |
| Mar 31, 2025 | 96.00 Mn |
| Dec 31, 2024 | 101.00 Mn |
| Dec 31, 2024 | 101.00 Mn |
| Sep 30, 2024 | 102.00 Mn |
| Sep 30, 2024 | 102.00 Mn |
| Jun 30, 2024 | 102.00 Mn |
| Jun 30, 2024 | 102.00 Mn |
| Mar 31, 2024 | 108.00 Mn |
| Mar 31, 2024 | 108.00 Mn |
| Dec 31, 2023 | 110.00 Mn |
| Dec 31, 2023 | 110.00 Mn |
| Sep 30, 2023 | 101.00 Mn |
| Sep 30, 2023 | 101.00 Mn |
| Jun 30, 2023 | 36.00 Mn |
| Jun 30, 2023 | 36.00 Mn |
| Mar 31, 2023 | 36.00 Mn |
| Mar 31, 2023 | 36.00 Mn |
| Dec 31, 2022 | 33.00 Mn |
| Dec 31, 2022 | 33.00 Mn |
| Sep 30, 2022 | 32.00 Mn |
| Sep 30, 2022 | 32.00 Mn |
| Jun 30, 2022 | 32.00 Mn |
| Jun 30, 2022 | 32.00 Mn |
| Mar 31, 2022 | 32.00 Mn |
| Mar 31, 2022 | 32.00 Mn |
| Dec 31, 2021 | 30.00 Mn |
| Dec 31, 2021 | 30.00 Mn |
| Sep 30, 2021 | 33.00 Mn |
| Sep 30, 2021 | 33.00 Mn |
| Jun 30, 2021 | 33.00 Mn |
| Jun 30, 2021 | 33.00 Mn |
| Mar 31, 2021 | 29.00 Mn |
| Mar 31, 2021 | 29.00 Mn |
| Dec 31, 2020 | 24.00 Mn |
| Dec 31, 2020 | 24.00 Mn |
| Sep 30, 2020 | 24.00 Mn |
| Sep 30, 2020 | 24.00 Mn |
| Jun 30, 2020 | 26.00 Mn |
| Jun 30, 2020 | 26.00 Mn |
| Mar 31, 2020 | 26.00 Mn |
| Mar 31, 2020 | 26.00 Mn |
| Dec 31, 2019 | 27.00 Mn |
| Dec 31, 2019 | 27.00 Mn |
| Sep 30, 2019 | 29.00 Mn |
| Sep 30, 2019 | 29.00 Mn |
| Jun 30, 2019 | 31.00 Mn |
| Jun 30, 2019 | 31.00 Mn |
| Mar 31, 2019 | 37.00 Mn |
| Mar 31, 2019 | 37.00 Mn |
| Dec 31, 2018 | 38.00 Mn |
| Dec 31, 2018 | 38.00 Mn |
| Sep 30, 2018 | 38.00 Mn |
| Sep 30, 2018 | 38.00 Mn |
| Jun 30, 2018 | 37.00 Mn |
| Jun 30, 2018 | 37.00 Mn |
| Mar 31, 2018 | 38.00 Mn |
| Mar 31, 2018 | 38.00 Mn |
| Dec 31, 2017 | 36.00 Mn |
| Dec 31, 2017 | 36.00 Mn |
| Sep 30, 2017 | 34.00 Mn |
| Sep 30, 2017 | 34.00 Mn |
| Jun 30, 2017 | 36.00 Mn |
| Jun 30, 2017 | 36.00 Mn |
| Mar 31, 2017 | 37.00 Mn |
| Mar 31, 2017 | 37.00 Mn |
| Dec 31, 2016 | 37.00 Mn |
| Dec 31, 2016 | 37.00 Mn |
| Sep 30, 2016 | 37.00 Mn |
| Sep 30, 2016 | 37.00 Mn |
| Jun 30, 2016 | 32.00 Mn |
| Jun 30, 2016 | 32.00 Mn |
| Mar 31, 2016 | 28.00 Mn |
| Mar 31, 2016 | 28.00 Mn |
| Dec 31, 2015 | 28.00 Mn |
| Dec 31, 2015 | 28.00 Mn |
| Sep 30, 2015 | 28.00 Mn |
| Sep 30, 2015 | 28.00 Mn |
| Jun 30, 2015 | 27.00 Mn |
| Jun 30, 2015 | 27.00 Mn |
| Mar 31, 2015 | 28.00 Mn |
| Mar 31, 2015 | 28.00 Mn |
| Dec 31, 2014 | 29.00 Mn |
| Dec 31, 2014 | 29.00 Mn |
| Sep 30, 2014 | 29.00 Mn |
| Sep 30, 2014 | 29.00 Mn |
| Jun 30, 2014 | 30.00 Mn |
| Jun 30, 2014 | 30.00 Mn |
| Mar 31, 2014 | 30.00 Mn |
| Mar 31, 2014 | 30.00 Mn |
| Dec 31, 2013 | 30.00 Mn |
| Dec 31, 2013 | 30.00 Mn |
| Sep 30, 2013 | 32.00 Mn |
| Sep 30, 2013 | 32.00 Mn |
| Jun 30, 2013 | 26.00 Mn |
| Jun 30, 2013 | 26.00 Mn |
| Mar 31, 2013 | 24.00 Mn |
| Mar 31, 2013 | 24.00 Mn |
| Dec 31, 2012 | 24.00 Mn |
| Dec 31, 2012 | 24.00 Mn |
| Sep 30, 2012 | 24.00 Mn |
| Sep 30, 2012 | 24.00 Mn |
| Jun 30, 2012 | 24.00 Mn |
| Jun 30, 2012 | 24.00 Mn |
| Mar 31, 2012 | 24.00 Mn |
| Mar 31, 2012 | 24.00 Mn |
| Dec 31, 2011 | 26.00 Mn |
| Dec 31, 2011 | 26.00 Mn |
| Sep 30, 2011 | 30.00 Mn |
| Sep 30, 2011 | 30.00 Mn |
| Jun 30, 2011 | 31.00 Mn |
| Jun 30, 2011 | 31.00 Mn |
| Mar 31, 2011 | 32.00 Mn |
| Mar 31, 2011 | 32.00 Mn |
| Dec 31, 2010 | 26.00 Mn |
| Dec 31, 2010 | 26.00 Mn |
| Sep 30, 2010 | 25.00 Mn |
| Sep 30, 2010 | 25.00 Mn |
| Jun 30, 2010 | 26.00 Mn |
| Jun 30, 2010 | 26.00 Mn |
| Mar 31, 2010 | 25.00 Mn |
| Mar 31, 2010 | 25.00 Mn |
| Dec 31, 2009 | 25.00 Mn |
| Dec 31, 2009 | 25.00 Mn |
| Sep 30, 2009 | 26.00 Mn |
| Sep 30, 2009 | 26.00 Mn |
| Jun 30, 2009 | 25.00 Mn |
| Jun 30, 2009 | 25.00 Mn |