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
DateValue
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