Nasdaq (NDAQ) Net Cash Flow (2009 - 2026)

Nasdaq has disclosed Net Cash Flow across 18 years of filings, most recently posting -$2.7 billion for Q1 2026.

• Net Cash Flow for Q1 2026 came in at -$2.7 billion, down 305.31% year-over-year; the trailing twelve-month figure through Mar 2026 was -$3.9 billion (down 472.19% YoY), and the FY2025 annual result was -$1.8 billion, down 14.16% from the prior year.
• Net Cash Flow came in at -$2.7 billion for Q1 2026 at Nasdaq, down from -$580.0 million in the prior quarter.
• In the past five years, Net Cash Flow ranged from a high of $5.3 billion in Q2 2023 to a low of -$4.2 billion in Q4 2023.
• The 5-year median for Net Cash Flow is -$327.0 million (2024), against an average of -$200.5 million.
• Across the five-year window, Net Cash Flow soared 644.0% in 2022 and plunged 771.27% in 2024, its largest moves.
• Nasdaq's Net Cash Flow stood at -$2.7 billion in 2022, then tumbled by 57.92% to -$4.2 billion in 2023, then surged by 92.25% to -$327.0 million in 2024, then sank by 77.37% to -$580.0 million in 2025, then sank by 373.79% to -$2.7 billion in 2026.
• The last three Net Cash Flow figures came in at -$2.7 billion (Q1 2026), -$580.0 million (Q4 2025), and $235.0 million (Q3 2025), per Business Quant data.