Nasdaq (NDAQ) Purchase of Investments (2009 - 2026)
Nasdaq (NDAQ) recorded Purchase of Investments - Total of $653 million in Q3 2026, compared with $34 million a year earlier and up 96.1% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Purchase of Investments (2009 - 2026) Analysis & Trends
On a TTM basis, Nasdaq's Purchase of Investments - Total came in at $1.16 billion as of Sep 30, 2026, up 303.1% year-over-year; for FY2025, it came in at $243 million, up 18.0% from FY2024.
- Annual Purchase of Investments - Total has a five-year compound annual growth rate of -3.0% (FY2020 to FY2025).
- Across earlier years, Purchase of Investments - Total came in at $206 million in FY2024 (-71.1%), $712 million in FY2023 (+121.1%), $322 million in FY2022 (+1.9%) and $316 million in FY2021 (+11.7%).
- The Q3 2026 figure is the highest quarterly Purchase of Investments - Total in data going back to Q3 2009.
- On a year-over-year basis, Purchase of Investments - Total rose in four of the last seven quarters, with growth averaging 47.9%.
- Peak year-over-year performance for Purchase of Investments - Total in the last five years was growth of 250.5% in Q2 2026, against a decline of 83.3% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $333 million (Q2 2026), $166 million (Q1 2026) and $9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investments Purchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | 7.60 Mn |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | 6.42 Bn |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 832.00 Mn |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | 2.00 Mn |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | 653.00 Mn |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | 7.89 Bn |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | - |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | 147.00 Mn |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | 16.48 Bn |
| 10 | Tradeweb Markets | 27.14 Bn | 18.94 Bn | - | 20.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 653.00 Mn |
| Jun 30, 2026 | 333.00 Mn |
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 9.00 Mn |
| Sep 30, 2025 | 34.00 Mn |
| Jun 30, 2025 | 95.00 Mn |
| Mar 31, 2025 | 105.00 Mn |
| Dec 31, 2024 | 54.00 Mn |
| Sep 30, 2024 | 38.00 Mn |
| Jun 30, 2024 | 74.00 Mn |
| Mar 31, 2024 | 40.00 Mn |
| Dec 31, 2023 | 182.00 Mn |
| Sep 30, 2023 | 119.00 Mn |
| Jun 30, 2023 | 213.00 Mn |
| Mar 31, 2023 | 198.00 Mn |
| Dec 31, 2022 | 59.00 Mn |
| Sep 30, 2022 | 62.00 Mn |
| Jun 30, 2022 | 99.00 Mn |
| Mar 31, 2022 | 102.00 Mn |
| Dec 31, 2021 | 47.00 Mn |
API Access
Nasdaq Purchase of Investments 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=purchase-of-investments&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "purchase-of-investments", "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=purchase-of-investments&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();