Nasdaq (NDAQ) Other Working Capital Changes (2009 - 2026)

Nasdaq's (NDAQ) quarterly Other Working Capital Changes came in at $311.0 million in Q1 2026, up 21.01% year-on-year from $257.0 million in Q1 2025, and up 193.4% quarter-over-quarter from $106.0 million in Q4 2025.

Nasdaq (NDAQ) Other Working Capital Changes (2009 - 2026) Analysis & Trends

Nasdaq has disclosed Other Working Capital Changes across 18 years of filings, most recently posting $311.0 million for Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at $311.0 million, up 21.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $150.0 million (up 200.0% YoY), and the FY2025 annual result was $96.0 million, up 43.28% from the prior year.
  • Other Working Capital Changes came in at $311.0 million for Q1 2026 at Nasdaq, up from $106.0 million in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $311.0 million in Q1 2026 to a low of -$317.0 million in Q2 2022.
  • The 5-year median for Other Working Capital Changes is -$16.0 million (2022), against an average of $27.3 million.
  • Across the five-year window, Other Working Capital Changes tumbled 4428.57% in 2022 and surged 298.25% in 2023, its largest moves.
  • Nasdaq's Other Working Capital Changes stood at -$57.0 million in 2022, then soared by 298.25% to $113.0 million in 2023, then plunged by 47.79% to $59.0 million in 2024, then surged by 79.66% to $106.0 million in 2025, then jumped by 193.4% to $311.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at $311.0 million (Q1 2026), $106.0 million (Q4 2025), and -$128.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn -
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 311.00 Mn
Mar 31, 2026 311.00 Mn
Dec 31, 2025 106.00 Mn
Dec 31, 2025 106.00 Mn
Sep 30, 2025 -128.00 Mn
Sep 30, 2025 -128.00 Mn
Jun 30, 2025 -139.00 Mn
Jun 30, 2025 -139.00 Mn
Mar 31, 2025 257.00 Mn
Mar 31, 2025 257.00 Mn
Dec 31, 2024 59.00 Mn
Dec 31, 2024 59.00 Mn
Sep 30, 2024 -136.00 Mn
Sep 30, 2024 -136.00 Mn
Jun 30, 2024 -130.00 Mn
Jun 30, 2024 -130.00 Mn
Mar 31, 2024 274.00 Mn
Mar 31, 2024 274.00 Mn
Dec 31, 2023 113.00 Mn
Dec 31, 2023 113.00 Mn