Nasdaq (NDAQ) Payables (2009 - 2026)
Nasdaq (NDAQ) posted Payables of $252 million for Q3 2026, down 1.6% from $256 million a year earlier and unchanged from the prior quarter.
Powered by 
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 $175 million in Q2 2022 to a high of $332 million in Q4 2023 over five years.
- On a year-over-year basis, Payables increased in two of the last eight quarters, with an average decline of 6.5%.
- 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 $252 million (Q2 2026), $245 million (Q1 2026) and $280 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | 67.70 Mn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | 30.12 Bn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 1.19 Bn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | 658.00 Mn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 252.00 Mn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | 903.00 Mn |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 377.70 Mn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 1.91 Bn |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | - |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | 219.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 252.00 Mn |
| 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 |
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_KEYimport 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();