Nasdaq (NDAQ) Receivables - Net (2009 - 2026)
Nasdaq's (NDAQ) quarterly Receivables - Net came in at $985.0 million in Q1 2026, little changed year-on-year from $986.0 million in Q1 2025, and up 4.45% quarter-over-quarter from $943.0 million in Q4 2025.
Nasdaq (NDAQ) Receivables - Net (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Receivables - Net across 18 years of filings, most recently posting $985.0 million for Q1 2026.
- Receivables - Net for Q1 2026 came in at $985.0 million, changed 0.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $985.0 million (changed 0.1% YoY), and the FY2025 annual result was $943.0 million, down 7.73% from the prior year.
- Receivables - Net 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 - Net ranged from a high of $1.0 billion in Q4 2024 to a low of $595.0 million in Q3 2023.
- The 5-year median for Receivables - Net is $896.0 million (2025), against an average of $817.7 million.
- Across the five-year window, Receivables - Net declined 8.44% in 2023 and soared 60.8% in 2024, its largest moves.
- Nasdaq's Receivables - Net stood at $677.0 million in 2022, then soared by 37.22% to $929.0 million in 2023, then rose by 10.01% to $1.0 billion in 2024, then dropped by 7.73% to $943.0 million in 2025, then grew by 4.45% to $985.0 million in 2026.
- The last three Receivables - Net figures came in at $985.0 million (Q1 2026), $943.0 million (Q4 2025), and $865.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 985.00 Mn |
| Mar 31, 2026 | 985.00 Mn |
| Dec 31, 2025 | 943.00 Mn |
| Dec 31, 2025 | 943.00 Mn |
| Sep 30, 2025 | 865.00 Mn |
| Sep 30, 2025 | 865.00 Mn |
| Jun 30, 2025 | 896.00 Mn |
| Jun 30, 2025 | 896.00 Mn |
| Mar 31, 2025 | 986.00 Mn |
| Mar 31, 2025 | 986.00 Mn |
| Dec 31, 2024 | 1.02 Bn |
| Dec 31, 2024 | 1.02 Bn |
| Sep 30, 2024 | 944.00 Mn |
| Sep 30, 2024 | 944.00 Mn |
| Jun 30, 2024 | 960.00 Mn |
| Jun 30, 2024 | 960.00 Mn |
| Mar 31, 2024 | 925.00 Mn |
| Mar 31, 2024 | 925.00 Mn |
| Dec 31, 2023 | 929.00 Mn |
| Dec 31, 2023 | 929.00 Mn |