Nasdaq (NDAQ) Payables (2009 - 2026)
Nasdaq (NDAQ) posted Payables of $252 million for Q2 2026, up 2.4% from $246 million a year earlier and up 2.9% from the prior quarter.
Analysis
Nasdaq (NDAQ) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq's Payables came in at $280 million, up 4.1% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- In prior years, Nasdaq's Payables was $269 million in FY2024 (-19.0%), $332 million in FY2023 (+79.5%), $185 million in FY2022 (unchanged) and $185 million in FY2021 (+5.7%).
- Quarterly Payables has run from a low of $166 million in Q3 2021 to a high of $332 million in Q4 2023 over five years.
- On a year-over-year basis, Payables increased in three of the last eight quarters, with an average decline of 6.1%.
- The strongest year-over-year quarter for Payables in the past five years was Q4 2023, with growth of 79.5%; the weakest was Q4 2024, with a decline of 19.0%.
- According to Business Quant data, Payables for the three prior quarters was $245 million (Q1 2026), $280 million (Q4 2025) and $256 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.95 Bn | 95.05 Bn | - | 68.00 Mn |
| 2 | Robinhood Markets | 92.05 Bn | 73.08 Bn | - | 646.00 Mn |
| 3 | Intercontinental Exchange | 89.75 Bn | 83.48 Bn | - | 1.16 Bn |
| 4 | Nasdaq | 54.11 Bn | 51.54 Bn | 1.50 Bn | 252.00 Mn |
| 5 | Interactive Brokers | 38.07 Bn | 15.18 Bn | - | 832.00 Mn |
| 6 | Cboe Global Markets | 33.28 Bn | 24.93 Bn | 731.60 Mn | 389.10 Mn |
| 7 | LPL Financial Holdings | 25.70 Bn | 21.02 Bn | - | 812.16 Mn |
| 8 | Tradeweb Markets | 25.47 Bn | 17.48 Bn | - | 175.24 Mn |
| 9 | Circle Internet | 22.54 Bn | 16.41 Bn | 288.85 Mn | 418.59 Mn |
| 10 | Xp | 16.20 Bn | -5.63 Bn | 105.39 Mn | 155.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 252.00 Mn |
| Mar 31, 2026 | 245.00 Mn |
| Dec 31, 2025 | 280.00 Mn |
| Sep 30, 2025 | 256.00 Mn |
| Jun 30, 2025 | 246.00 Mn |
| Mar 31, 2025 | 255.00 Mn |
| Dec 31, 2024 | 269.00 Mn |
| Sep 30, 2024 | 289.00 Mn |
| Jun 30, 2024 | 301.00 Mn |
| Mar 31, 2024 | 266.00 Mn |
| Dec 31, 2023 | 332.00 Mn |
| Sep 30, 2023 | 286.00 Mn |
| Jun 30, 2023 | 199.00 Mn |
| Mar 31, 2023 | 183.00 Mn |
| Dec 31, 2022 | 185.00 Mn |
| Sep 30, 2022 | 189.00 Mn |
| Jun 30, 2022 | 175.00 Mn |
| Mar 31, 2022 | 186.00 Mn |
| Dec 31, 2021 | 185.00 Mn |
| Sep 30, 2021 | 166.00 Mn |
API Access
Nasdaq Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=NDAQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();