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

Nasdaq (NDAQ) posted quarterly Other Working Capital Changes of -$158.0 million for Q2 2026, down 13.67% year-on-year from -$183.0 million in Q2 2025, and down 150.8% on a QoQ basis from $311.0 million in Q1 2026.

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

Nasdaq (NDAQ) has reported Other Working Capital Changes for 12 consecutive years, with -$158.0 million the latest figure, recorded 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 fell to -$158.0 million in Q2 2026 per NDAQ's latest filing, from $311.0 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for NDAQ reached as high as $163.0 million in Q4 2025 and fell as low as -$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.
  • Annual changes were most pronounced in 2022 — Other Working Capital Changes sank 118.75% — and 2024, when it jumped 3050.0%.
  • Year by year, 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 tumbled 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 Bit Origin 1,110.84 Bn 1,110.84 Bn -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn -
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn

Historic Data

Download Data
DateValue
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