Nasdaq (NDAQ) Operating Expenses (2009 - 2026)

Nasdaq (NDAQ) has reported Operating Expenses for 18 consecutive years, with $788.0 million the latest figure, recorded in Q2 2026.

• Quarterly Operating Expenses rose 6.78% year-over-year to $788.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.0 billion (up 6.84% YoY) and the FY2025 annual result came in at $2.9 billion, up 2.35% from the prior year.
• Operating Expenses climbed to $788.0 million in Q2 2026 per NDAQ's latest filing, from $750.0 million in the prior quarter.
• Over the last five years, Operating Expenses for NDAQ reached as high as $788.0 million in Q2 2026 and fell as low as $481.0 million in Q2 2022.
• A 5-year average of $646.9 million and a median of $702.5 million in 2024 frame the typical range for Operating Expenses.
• The largest YoY upside for Operating Expenses was 40.84% in 2024 against a maximum downside of 7.07% in 2024.
• Year by year, Operating Expenses stood at $558.0 million in 2022, then jumped by 36.92% to $764.0 million in 2023, then slipped by 7.07% to $710.0 million in 2024, then advanced by 7.46% to $763.0 million in 2025, then climbed by 3.28% to $788.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $788.0 million, $750.0 million, and $763.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.