Nasdaq (NDAQ) Receivables (2009 - 2026)
Nasdaq (NDAQ) recorded Receivables of $1.18 billion in Q2 2026, up 31.9% from $896 million a year earlier and up 20.0% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Receivables (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq reported Receivables of $943 million, down 7.7% from FY2024.
- Annual Receivables has a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- Across earlier years, Receivables came in at $1.02 billion in FY2024 (+10.0%), $929 million in FY2023 (+37.2%), $677 million in FY2022 (+15.1%) and $588 million in FY2021 (+3.9%).
- The Q2 2026 figure is the highest quarterly Receivables in data going back to Q4 2009.
- On a year-over-year basis, Receivables rose in four of the last eight quarters, with growth averaging 10.5%.
- Peak year-over-year performance for Receivables in the last five years was growth of 60.8% in Q2 2024, against a decline of 8.4% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $985 million (Q1 2026), $943 million (Q4 2025) and $865 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.24 Bn | 94.34 Bn | - | 753.10 Mn |
| 2 | Robinhood Markets | 89.76 Bn | 70.79 Bn | - | 22.80 Bn |
| 3 | Intercontinental Exchange | 89.01 Bn | 82.74 Bn | - | 1.87 Bn |
| 4 | Nasdaq | 53.33 Bn | 50.76 Bn | 1.50 Bn | 1.18 Bn |
| 5 | Interactive Brokers | 37.04 Bn | 14.16 Bn | - | 114.65 Bn |
| 6 | Cboe Global Markets | 32.80 Bn | 24.45 Bn | 731.60 Mn | 570.60 Mn |
| 7 | LPL Financial Holdings | 25.78 Bn | 21.10 Bn | - | - |
| 8 | Tradeweb Markets | 25.13 Bn | 17.14 Bn | - | 316.38 Mn |
| 9 | Circle Internet | 21.33 Bn | 15.21 Bn | 288.85 Mn | 105.43 Mn |
| 10 | Xp | 16.42 Bn | -5.41 Bn | 105.39 Mn | 224.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.18 Bn |
| 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 |
API Access
Nasdaq Receivables 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=receivables&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();