Nasdaq (NDAQ) Receivables - Net (2009 - 2026)
Nasdaq (NDAQ) reported Receivables - Net of $1.17 billion for Q3 2026, up 35.4% from $865 million a year earlier but down 0.9% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Receivables - Net (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq posted Receivables - Net of $943 million, down 7.7% from FY2024.
- Receivables - Net has a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- By year, Receivables - Net 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%).
- Five-year quarterly Receivables - Net spans a low of $588 million in Q4 2021 and a high of $1.18 billion in Q2 2026.
- Year over year, Receivables - Net gained in four of the last eight quarters, with growth averaging 7.6%.
- The high point for year-over-year Receivables - Net in five years was Q2 2024 (growth of 60.8%); the low point was Q2 2023 (a decline of 8.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.18 billion (Q2 2026), $985 million (Q1 2026) and $943 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.17 Bn |
| 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 |
API Access
Nasdaq Receivables - Net 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-net&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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-net&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();