Nasdaq (NDAQ) Operating Leases (2019 - 2026)
Nasdaq recorded quarterly Operating Leases of $488.0 million in Q1 2026, up 5.63% quarter-over-quarter from $462.0 million in Q4 2025, and up 8.93% year-over-year from $448.0 million in Q1 2025.
Nasdaq's Operating Leases history runs 8 years deep, the most recent figure standing at $488.0 million for Q1 2026.
- In Q1 2026, Operating Leases rose 8.93% year-over-year to $488.0 million; the TTM figure through Mar 2026 stood at $488.0 million (up 8.93% YoY), while the FY2025 annual figure was $462.0 million, up 19.07% from the prior year.
- Operating Leases came in at $488.0 million for Q1 2026 at Nasdaq, up from $462.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $506.0 million in Q4 2022 to a low of $388.0 million in Q4 2024.
- A 5-year average of $449.6 million and a median of $454.0 million in 2025 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases soared 31.09% in 2022 and declined 17.59% in 2023, its largest moves.
- Nasdaq's Operating Leases stood at $506.0 million in 2022, then fell by 17.59% to $417.0 million in 2023, then slipped by 6.95% to $388.0 million in 2024, then gained by 19.07% to $462.0 million in 2025, then grew by 5.63% to $488.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $488.0 million, $462.0 million, and $454.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 488.00 Mn |
| Dec 31, 2025 | 462.00 Mn |
| Sep 30, 2025 | 454.00 Mn |
| Jun 30, 2025 | 453.00 Mn |
| Mar 31, 2025 | 448.00 Mn |
| Dec 31, 2024 | 388.00 Mn |
| Sep 30, 2024 | 458.00 Mn |
| Jun 30, 2024 | 409.00 Mn |
| Mar 31, 2024 | 475.00 Mn |
| Dec 31, 2023 | 417.00 Mn |
| Sep 30, 2023 | 412.00 Mn |
| Jun 30, 2023 | 427.00 Mn |
| Mar 31, 2023 | 442.00 Mn |
| Dec 31, 2022 | 506.00 Mn |
| Sep 30, 2022 | 456.00 Mn |
| Jun 30, 2022 | 470.00 Mn |
| Mar 31, 2022 | 478.00 Mn |
| Dec 31, 2021 | 386.00 Mn |
| Sep 30, 2021 | 398.00 Mn |
| Jun 30, 2021 | 440.00 Mn |
| Mar 31, 2021 | 451.00 Mn |
| Dec 31, 2020 | 389.00 Mn |
| Sep 30, 2020 | 397.00 Mn |
| Jun 30, 2020 | 403.00 Mn |
| Mar 31, 2020 | 310.00 Mn |
| Dec 31, 2019 | 331.00 Mn |
| Sep 30, 2019 | 327.00 Mn |
| Jun 30, 2019 | 404.00 Mn |
| Mar 31, 2019 | 418.00 Mn |