KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Payables (2009 - 2026)

Nasdaq recorded quarterly Payables of $245.0 million in Q1 2026, down 12.5% quarter-over-quarter from $280.0 million in Q4 2025, and down 3.92% year-over-year from $255.0 million in Q1 2025.

Nasdaq's Payables history runs 18 years deep, the most recent figure standing at $245.0 million for Q1 2026.

  • In Q1 2026, Payables fell 3.92% year-over-year to $245.0 million; the TTM figure through Mar 2026 stood at $245.0 million (down 3.92% YoY), while the FY2025 annual figure was $280.0 million, up 4.09% from the prior year.
  • Payables came in at $245.0 million for Q1 2026 at Nasdaq, down from $280.0 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $332.0 million in Q4 2023 to a low of $175.0 million in Q2 2022.
  • A 5-year average of $243.6 million and a median of $255.0 million in 2025 frame the typical range for Payables.
  • Across the five-year window, Payables soared 79.46% in 2023 and declined 18.98% in 2024, its largest moves.
  • Nasdaq's Payables stood at $185.0 million in 2022, then surged by 79.46% to $332.0 million in 2023, then dropped by 18.98% to $269.0 million in 2024, then increased by 4.09% to $280.0 million in 2025, then fell by 12.5% to $245.0 million in 2026.
  • According to Business Quant data, Payables over the past three periods registered $245.0 million, $280.0 million, and $256.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 510.00 Mn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 75.40 Mn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 1.31 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 1.15 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 245.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 564.61 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 10.30 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 332.80 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 379.10 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 189.55 Mn

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 168.00 Mn
Mar 31, 2021 183.00 Mn
Dec 31, 2020 175.00 Mn
Sep 30, 2020 145.00 Mn
Jun 30, 2020 129.00 Mn
Mar 31, 2020 183.00 Mn
Dec 31, 2019 148.00 Mn
Sep 30, 2019 146.00 Mn
Jun 30, 2019 149.00 Mn
Mar 31, 2019 218.00 Mn
Dec 31, 2018 198.00 Mn
Sep 30, 2018 176.00 Mn
Jun 30, 2018 174.00 Mn
Mar 31, 2018 237.00 Mn
Dec 31, 2017 657.00 Mn
Sep 30, 2017 322.00 Mn
Jun 30, 2017 643.00 Mn
Mar 31, 2017 187.00 Mn
Dec 31, 2016 175.00 Mn
Sep 30, 2016 159.00 Mn
Jun 30, 2016 172.00 Mn
Mar 31, 2016 175.00 Mn
Dec 31, 2015 158.00 Mn
Sep 30, 2015 173.00 Mn
Jun 30, 2015 188.00 Mn
Mar 31, 2015 207.00 Mn
Dec 31, 2014 189.00 Mn
Sep 30, 2014 182.00 Mn
Jun 30, 2014 188.00 Mn
Mar 31, 2014 227.00 Mn
Dec 31, 2013 228.00 Mn
Sep 30, 2013 255.00 Mn
Jun 30, 2013 252.00 Mn
Mar 31, 2013 217.00 Mn
Dec 31, 2012 172.00 Mn
Sep 30, 2012 149.00 Mn
Jun 30, 2012 160.00 Mn
Mar 31, 2012 147.00 Mn
Dec 31, 2011 164.00 Mn
Sep 30, 2011 175.00 Mn
Jun 30, 2011 180.00 Mn
Mar 31, 2011 151.00 Mn
Dec 31, 2010 142.00 Mn
Sep 30, 2010 138.00 Mn
Jun 30, 2010 172.00 Mn
Dec 31, 2009 125.00 Mn