Nasdaq (NDAQ) Net Cash Flow (2009 - 2026)
Nasdaq (NDAQ) posted Net Cash Flow of -$318.0 million for Q2 2026, up 88.43% sequentially from -$2.7 billion in Q1 2026, and up 58.97% YoY from -$200.0 million in Q2 2025.
Nasdaq (NDAQ) Net Cash Flow (2009 - 2026) Analysis & Trends
Nasdaq has reported Net Cash Flow for 18 years, with the latest figure at -$318.0 million in Q2 2026.
- Quarterly Net Cash Flow rose 58.97% year-over-year to -$318.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$3.4 billion (down 104.62% YoY) and the FY2025 annual result came in at -$1.8 billion, down 14.16% from the prior year.
- Net Cash Flow climbed to -$318.0 million in Q2 2026 per NDAQ's latest filing, from -$2.7 billion in the prior quarter.
- Over five years, Net Cash Flow peaked at $5.3 billion in Q2 2023 and troughed at -$4.2 billion in Q4 2023.
- A 5-year average of -$207.0 million and a median of -$322.5 million in 2024 frame the typical range for Net Cash Flow.
- The sharpest annual moves came in 2022 and 2024: Net Cash Flow surged 644.0% in 2022, then plunged 771.27% in 2024.
- Over 5 years, Net Cash Flow stood at -$2.7 billion in 2022, then tumbled by 57.92% to -$4.2 billion in 2023, then jumped by 92.25% to -$327.0 million in 2024, then sank by 77.37% to -$580.0 million in 2025, then soared by 45.17% to -$318.0 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$318.0 million, -$2.7 billion, and -$580.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | 2.35 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | -7.17 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | -2.87 Bn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | -19.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | -318.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | -2.77 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | -30.10 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | -721.70 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 99.40 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | 19.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -318.00 Mn |
| Jun 30, 2026 | -318.00 Mn |
| Mar 31, 2026 | -2.75 Bn |
| Mar 31, 2026 | -2.75 Bn |
| Dec 31, 2025 | -580.00 Mn |
| Dec 31, 2025 | -580.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Jun 30, 2025 | -775.00 Mn |
| Jun 30, 2025 | -775.00 Mn |
| Mar 31, 2025 | -678.00 Mn |
| Mar 31, 2025 | -678.00 Mn |
| Dec 31, 2024 | -327.00 Mn |
| Dec 31, 2024 | -327.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Jun 30, 2024 | 216.00 Mn |
| Jun 30, 2024 | 216.00 Mn |
| Mar 31, 2024 | -1.58 Bn |
| Mar 31, 2024 | -1.58 Bn |