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Growth Metrics

Nasdaq (NDAQ) Receivables (2009 - 2026)

Nasdaq recorded quarterly Receivables of $985.0 million in Q1 2026, up 4.45% quarter-over-quarter from $943.0 million in Q4 2025, and little changed year-over-year from $986.0 million in Q1 2025.

Nasdaq's Receivables history runs 18 years deep, the most recent figure standing at $985.0 million for Q1 2026.

  • In Q1 2026, Receivables changed 0.1% year-over-year to $985.0 million; the TTM figure through Mar 2026 stood at $985.0 million (changed 0.1% YoY), while the FY2025 annual figure was $943.0 million, down 7.73% from the prior year.
  • Receivables came in at $985.0 million for Q1 2026 at Nasdaq, up from $943.0 million in the prior quarter.
  • In the past five years, Receivables ranged from a high of $1.0 billion in Q4 2024 to a low of $595.0 million in Q3 2023.
  • A 5-year average of $817.7 million and a median of $896.0 million in 2025 frame the typical range for Receivables.
  • Across the five-year window, Receivables fell 8.44% in 2023 and jumped 60.8% in 2024, its largest moves.
  • Nasdaq's Receivables stood at $677.0 million in 2022, then jumped by 37.22% to $929.0 million in 2023, then gained by 10.01% to $1.0 billion in 2024, then declined by 7.73% to $943.0 million in 2025, then increased by 4.45% to $985.0 million in 2026.
  • According to Business Quant data, Receivables over the past three periods registered $985.0 million, $943.0 million, and $865.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 3.49 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 935.50 Mn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 2.47 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 2.10 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 985.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 296.24 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 883.20 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 514.60 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 1.05 Bn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 320.23 Mn

Historic Data

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DateValue
Mar 31, 2026 985.00 Mn
Dec 31, 2025 943.00 Mn
Sep 30, 2025 865.00 Mn
Jun 30, 2025 896.00 Mn
Mar 31, 2025 986.00 Mn
Dec 31, 2024 1.02 Bn
Sep 30, 2024 944.00 Mn
Jun 30, 2024 960.00 Mn
Mar 31, 2024 925.00 Mn
Dec 31, 2023 929.00 Mn
Sep 30, 2023 595.00 Mn
Jun 30, 2023 597.00 Mn
Mar 31, 2023 666.00 Mn
Dec 31, 2022 677.00 Mn
Sep 30, 2022 638.00 Mn
Jun 30, 2022 652.00 Mn
Mar 31, 2022 621.00 Mn
Dec 31, 2021 588.00 Mn
Sep 30, 2021 552.00 Mn
Jun 30, 2021 559.00 Mn
Mar 31, 2021 574.00 Mn
Dec 31, 2020 566.00 Mn
Sep 30, 2020 20.00 Mn
Jun 30, 2020 20.00 Mn
Mar 31, 2020 568.00 Mn
Dec 31, 2019 422.00 Mn
Sep 30, 2019 399.00 Mn
Jun 30, 2019 12.00 Mn
Mar 31, 2019 447.00 Mn
Dec 31, 2018 384.00 Mn
Sep 30, 2018 356.00 Mn
Jun 30, 2018 405.00 Mn
Mar 31, 2018 486.00 Mn
Dec 31, 2017 356.00 Mn
Sep 30, 2017 320.00 Mn
Jun 30, 2017 392.00 Mn
Mar 31, 2017 467.00 Mn
Dec 31, 2016 429.00 Mn
Sep 30, 2016 349.00 Mn
Jun 30, 2016 399.00 Mn
Mar 31, 2016 333.00 Mn
Dec 31, 2015 316.00 Mn
Sep 30, 2015 278.00 Mn
Jun 30, 2015 323.00 Mn
Mar 31, 2015 344.00 Mn
Dec 31, 2014 389.00 Mn
Sep 30, 2014 370.00 Mn
Jun 30, 2014 395.00 Mn
Mar 31, 2014 434.00 Mn
Dec 31, 2013 393.00 Mn
Sep 30, 2013 372.00 Mn
Jun 30, 2013 362.00 Mn
Mar 31, 2013 317.00 Mn
Dec 31, 2012 333.00 Mn
Sep 30, 2012 327.00 Mn
Jun 30, 2012 341.00 Mn
Mar 31, 2012 327.00 Mn
Dec 31, 2011 308.00 Mn
Sep 30, 2011 347.00 Mn
Jun 30, 2011 344.00 Mn
Mar 31, 2011 327.00 Mn
Dec 31, 2010 298.00 Mn
Sep 30, 2010 308.00 Mn
Jun 30, 2010 361.00 Mn
Dec 31, 2009 301.00 Mn