Nasdaq (NDAQ) Minority Interest (2009 - 2026)
Nasdaq's (NDAQ) quarterly Minority Interest came in at $5.0 million in Q1 2026, down 44.44% year-on-year from $9.0 million in Q1 2025, and little changed quarter-over-quarter from $5.0 million in Q4 2025.
Nasdaq (NDAQ) Minority Interest (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Minority Interest across 14 years of filings, most recently posting $5.0 million for Q1 2026.
- Minority Interest for Q1 2026 came in at $5.0 million, down 44.44% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.0 million (down 44.44% YoY), and the FY2025 annual result was $5.0 million, down 44.44% from the prior year.
- Minority Interest came in at $5.0 million for Q1 2026 at Nasdaq, roughly flat from $5.0 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $13.0 million in Q4 2022 to a low of $5.0 million in Q4 2025.
- The 5-year median for Minority Interest is $9.0 million (2022), against an average of $9.3 million.
- Across the five-year window, Minority Interest surged 350.0% in 2022 and tumbled 44.44% in 2025, its largest moves.
- Nasdaq's Minority Interest stood at $13.0 million in 2022, then fell by 15.38% to $11.0 million in 2023, then decreased by 18.18% to $9.0 million in 2024, then sank by 44.44% to $5.0 million in 2025, then changed by 0.0% to $5.0 million in 2026.
- The last three Minority Interest figures came in at $5.0 million (Q1 2026), $5.0 million (Q4 2025), and $7.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | 5.00 Mn |
| Sep 30, 2025 | 7.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 9.00 Mn |
| Dec 31, 2024 | 9.00 Mn |
| Sep 30, 2024 | 9.00 Mn |
| Jun 30, 2024 | 10.00 Mn |
| Mar 31, 2024 | 10.00 Mn |
| Dec 31, 2023 | 11.00 Mn |
| Sep 30, 2023 | 12.00 Mn |
| Jun 30, 2023 | 12.00 Mn |
| Mar 31, 2023 | 12.00 Mn |
| Dec 31, 2022 | 13.00 Mn |
| Sep 30, 2022 | 9.00 Mn |
| Jun 30, 2022 | 9.00 Mn |
| Mar 31, 2022 | 9.00 Mn |
| Dec 31, 2021 | 10.00 Mn |
| Sep 30, 2021 | 10.00 Mn |
| Jun 30, 2021 | 11.00 Mn |