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| Date | Value |
|---|---|
| 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 |