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Nasdaq (NDAQ) Long-Term Debt Repayments (2009 - 2025)

Nasdaq recorded quarterly Long-Term Debt Repayments of $100.0 million in Q4 2025, up 44.93% quarter-over-quarter from $69.0 million in Q3 2025, and down 44.75% year-over-year from $181.0 million in Q4 2024.

Nasdaq's Long-Term Debt Repayments history runs 17 years deep, the most recent figure standing at $100.0 million for Q4 2025.

  • In Q4 2025, Long-Term Debt Repayments fell 44.75% year-over-year to $100.0 million; the TTM figure through Mar 2026 stood at $569.0 million (up 29.91% YoY), while the FY2025 annual figure was $826.0 million, up 58.54% from the prior year.
  • Long-Term Debt Repayments came in at $100.0 million for Q4 2025 at Nasdaq, up from $69.0 million in the prior quarter.
  • In the past five years, Long-Term Debt Repayments ranged from a high of $704.0 million in Q3 2021 to a low of $69.0 million in Q3 2025.
  • A 5-year average of $318.9 million and a median of $260.0 million in 2023 frame the typical range for Long-Term Debt Repayments.
  • Across the five-year window, Long-Term Debt Repayments sank 85.1% in 2021 and declined 24.41% in 2025, its largest moves.
  • Nasdaq's Long-Term Debt Repayments stood at $704.0 million in 2021, then fell by 15.06% to $598.0 million in 2022, then tumbled by 56.52% to $260.0 million in 2023, then plunged by 30.38% to $181.0 million in 2024, then sank by 44.75% to $100.0 million in 2025.
  • According to Business Quant data, Long-Term Debt Repayments over the past three periods registered $100.0 million, $69.0 million, and $400.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Debt Repayments (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn -
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn -
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - -
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn -
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn -
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 175.00 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn -
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 17.70 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn -

Historic Data

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DateValue
Dec 31, 2025 100.00 Mn
Dec 31, 2025 100.00 Mn
Sep 30, 2025 69.00 Mn
Sep 30, 2025 69.00 Mn
Jun 30, 2025 400.00 Mn
Jun 30, 2025 400.00 Mn
Mar 31, 2025 257.00 Mn
Mar 31, 2025 257.00 Mn
Dec 31, 2024 181.00 Mn
Dec 31, 2024 181.00 Mn
Mar 31, 2024 340.00 Mn
Mar 31, 2024 340.00 Mn
Dec 31, 2023 260.00 Mn
Dec 31, 2023 260.00 Mn
Dec 31, 2022 598.00 Mn
Dec 31, 2022 598.00 Mn
Jun 30, 2022 499.00 Mn
Jun 30, 2022 499.00 Mn
Sep 30, 2021 704.00 Mn
Sep 30, 2021 704.00 Mn
Mar 31, 2021 100.00 Mn
Mar 31, 2021 100.00 Mn
Dec 31, 2020 -2.00 Mn
Dec 31, 2020 -2.00 Mn
Jun 30, 2020 799.00 Mn
Jun 30, 2020 799.00 Mn
Mar 31, 2020 671.00 Mn
Mar 31, 2020 671.00 Mn
Jun 30, 2019 700.00 Mn
Jun 30, 2019 700.00 Mn
Mar 31, 2019 515.00 Mn
Mar 31, 2019 515.00 Mn
Mar 31, 2018 115.00 Mn
Mar 31, 2018 115.00 Mn
Dec 31, 2017 25.00 Mn
Dec 31, 2017 25.00 Mn
Sep 30, 2017 13.00 Mn
Sep 30, 2017 13.00 Mn
Jun 30, 2017 670.00 Mn
Jun 30, 2017 670.00 Mn
Dec 31, 2016 38.00 Mn
Dec 31, 2016 38.00 Mn
Sep 30, 2016 85.00 Mn
Sep 30, 2016 85.00 Mn
Jun 30, 2016 478.00 Mn
Jun 30, 2016 478.00 Mn
Mar 31, 2016 555.00 Mn
Mar 31, 2016 555.00 Mn
Dec 31, 2015 193.00 Mn
Dec 31, 2015 193.00 Mn
Sep 30, 2015 85.00 Mn
Sep 30, 2015 85.00 Mn
Jun 30, 2015 66.00 Mn
Jun 30, 2015 66.00 Mn
Mar 31, 2015 25.00 Mn
Mar 31, 2015 25.00 Mn
Dec 31, 2014 123.00 Mn
Dec 31, 2014 123.00 Mn
Sep 30, 2014 93.00 Mn
Sep 30, 2014 93.00 Mn
Jun 30, 2014 608.00 Mn
Jun 30, 2014 608.00 Mn
Mar 31, 2014 146.00 Mn
Mar 31, 2014 146.00 Mn
Dec 31, 2013 98.00 Mn
Dec 31, 2013 98.00 Mn
Sep 30, 2013 168.00 Mn
Sep 30, 2013 168.00 Mn
Jun 30, 2013 12.00 Mn
Jun 30, 2013 12.00 Mn
Mar 31, 2013 11.00 Mn
Mar 31, 2013 11.00 Mn
Dec 31, 2012 11.00 Mn
Dec 31, 2012 11.00 Mn
Sep 30, 2012 12.00 Mn
Sep 30, 2012 12.00 Mn
Jun 30, 2012 11.00 Mn
Jun 30, 2012 11.00 Mn
Mar 31, 2012 111.00 Mn
Mar 31, 2012 111.00 Mn
Dec 31, 2011 378.00 Mn
Dec 31, 2011 378.00 Mn
Sep 30, 2011 450.00 Mn
Sep 30, 2011 450.00 Mn
Jun 30, 2011 85.00 Mn
Jun 30, 2011 85.00 Mn
Mar 31, 2011 35.00 Mn
Mar 31, 2011 35.00 Mn
Dec 31, 2010 405.00 Mn
Dec 31, 2010 405.00 Mn
Sep 30, 2010 70.00 Mn
Sep 30, 2010 70.00 Mn
Jun 30, 2010 41.00 Mn
Jun 30, 2010 41.00 Mn
Mar 31, 2010 1.70 Bn
Mar 31, 2010 1.70 Bn
Dec 31, 2009 -1.00 Mn
Dec 31, 2009 -1.00 Mn
Sep 30, 2009 113.00 Mn
Sep 30, 2009 113.00 Mn