Nasdaq (NDAQ) Interest Expenses (2009 - 2026)
Nasdaq's (NDAQ) quarterly Interest Expenses came in at $87.0 million in Q1 2026, down 9.38% year-on-year from $96.0 million in Q1 2025, and down 1.14% quarter-over-quarter from $88.0 million in Q4 2025.
Nasdaq (NDAQ) Interest Expenses (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Interest Expenses across 18 years of filings, most recently posting $87.0 million for Q1 2026.
- Interest Expenses for Q1 2026 came in at $87.0 million, down 9.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $357.0 million (down 10.97% YoY), and the FY2025 annual result 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.
- The 5-year median for Interest Expenses is $88.0 million (2025), against an average of $75.2 million.
- Across the five-year window, Interest Expenses soared 233.33% in 2023 and retreated 14.71% in 2025, its largest moves.
- Nasdaq's Interest Expenses stood at $33.0 million in 2022, then jumped by 233.33% to $110.0 million in 2023, then slipped by 8.18% to $101.0 million in 2024, then slipped by 12.87% to $88.0 million in 2025, then dropped by 1.14% to $87.0 million in 2026.
- The last three Interest Expenses figures came in at $87.0 million (Q1 2026), $88.0 million (Q4 2025), and $87.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 96.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 43.60 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | - |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 203.00 Mn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 87.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 22.57 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 69.10 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 13.30 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 62.00 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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 |