Nasdaq (NDAQ) Other Working Capital Changes (2009 - 2026)
Nasdaq (NDAQ) posted Other Working Capital Changes of -$158.0 million for Q2 2026, down 150.8% sequentially from $311.0 million in Q1 2026, and down 13.67% YoY from -$183.0 million in Q2 2025.
Nasdaq (NDAQ) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Nasdaq has reported Other Working Capital Changes for 12 years, with the latest figure at -$158.0 million in Q2 2026.
- Quarterly Other Working Capital Changes fell 13.67% year-over-year to -$158.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $104.0 million (up 153.66% YoY) and the FY2025 annual result came in at $69.0 million, up 2.99% from the prior year.
- Other Working Capital Changes slipped to -$158.0 million in Q2 2026 per NDAQ's latest filing, from $311.0 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $163.0 million in Q4 2025 and troughed at -$94.0 million in Q1 2026.
- A 5-year average of -$3.2 million and a median of -$7.0 million in 2023 frame the typical range for Other Working Capital Changes.
- The sharpest annual moves came in 2022 and 2024: Other Working Capital Changes sank 118.75% in 2022, then surged 3050.0% in 2024.
- Over 5 years, Other Working Capital Changes stood at -$70.0 million in 2022, then jumped by 97.14% to -$2.0 million in 2023, then soared by 3050.0% to $59.0 million in 2024, then jumped by 33.9% to $79.0 million in 2025, then slumped by 300.0% to -$158.0 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered -$158.0 million, $311.0 million, and $79.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -94.00 Mn |
| Mar 31, 2026 | -94.00 Mn |
| Mar 31, 2026 | -94.00 Mn |
| Dec 31, 2025 | 163.00 Mn |
| Dec 31, 2025 | 163.00 Mn |
| Dec 31, 2025 | 163.00 Mn |
| Sep 30, 2025 | 17.00 Mn |
| Sep 30, 2025 | 17.00 Mn |
| Sep 30, 2025 | 17.00 Mn |
| Jun 30, 2025 | -18.00 Mn |
| Jun 30, 2025 | -18.00 Mn |
| Jun 30, 2025 | -18.00 Mn |
| Mar 31, 2025 | -66.00 Mn |
| Mar 31, 2025 | -66.00 Mn |
| Mar 31, 2025 | -66.00 Mn |
| Dec 31, 2024 | 7.00 Mn |
| Dec 31, 2024 | 7.00 Mn |
| Dec 31, 2024 | 7.00 Mn |
| Sep 30, 2024 | 45.00 Mn |
| Sep 30, 2024 | 45.00 Mn |