Nasdaq (NDAQ) Receivables - Net (2009 - 2026)
Nasdaq recorded quarterly Receivables - Net 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 - Net history runs 18 years deep, the most recent figure standing at $985.0 million for Q1 2026.
- In Q1 2026, Receivables - Net 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 - 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.
- A 5-year average of $817.7 million and a median of $896.0 million in 2025 frame the typical range for Receivables - Net.
- Across the five-year window, Receivables - Net fell 8.44% in 2023 and jumped 60.8% in 2024, its largest moves.
- Nasdaq's Receivables - Net 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 - Net 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) |
|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Sep 30, 2023 | 595.00 Mn |
| Sep 30, 2023 | 595.00 Mn |
| Jun 30, 2023 | 597.00 Mn |
| Jun 30, 2023 | 597.00 Mn |
| Mar 31, 2023 | 666.00 Mn |
| Mar 31, 2023 | 666.00 Mn |
| Dec 31, 2022 | 677.00 Mn |
| Dec 31, 2022 | 677.00 Mn |
| Sep 30, 2022 | 638.00 Mn |
| Sep 30, 2022 | 638.00 Mn |
| Jun 30, 2022 | 652.00 Mn |
| Jun 30, 2022 | 652.00 Mn |
| Mar 31, 2022 | 621.00 Mn |
| Mar 31, 2022 | 621.00 Mn |
| Dec 31, 2021 | 588.00 Mn |
| Dec 31, 2021 | 588.00 Mn |
| Sep 30, 2021 | 552.00 Mn |
| Sep 30, 2021 | 552.00 Mn |
| Jun 30, 2021 | 559.00 Mn |
| Jun 30, 2021 | 559.00 Mn |
| Mar 31, 2021 | 574.00 Mn |
| Mar 31, 2021 | 574.00 Mn |
| Dec 31, 2020 | 566.00 Mn |
| Dec 31, 2020 | 566.00 Mn |
| Sep 30, 2020 | 20.00 Mn |
| Sep 30, 2020 | 20.00 Mn |
| Jun 30, 2020 | 20.00 Mn |
| Jun 30, 2020 | 20.00 Mn |
| Mar 31, 2020 | 568.00 Mn |
| Mar 31, 2020 | 568.00 Mn |
| Dec 31, 2019 | 422.00 Mn |
| Dec 31, 2019 | 422.00 Mn |
| Sep 30, 2019 | 399.00 Mn |
| Sep 30, 2019 | 399.00 Mn |
| Jun 30, 2019 | 12.00 Mn |
| Jun 30, 2019 | 12.00 Mn |
| Mar 31, 2019 | 447.00 Mn |
| Mar 31, 2019 | 447.00 Mn |
| Dec 31, 2018 | 384.00 Mn |
| Dec 31, 2018 | 384.00 Mn |
| Sep 30, 2018 | 356.00 Mn |
| Sep 30, 2018 | 356.00 Mn |
| Jun 30, 2018 | 405.00 Mn |
| Jun 30, 2018 | 405.00 Mn |
| Mar 31, 2018 | 486.00 Mn |
| Mar 31, 2018 | 486.00 Mn |
| Dec 31, 2017 | 356.00 Mn |
| Dec 31, 2017 | 356.00 Mn |
| Sep 30, 2017 | 320.00 Mn |
| Sep 30, 2017 | 320.00 Mn |
| Jun 30, 2017 | 392.00 Mn |
| Jun 30, 2017 | 392.00 Mn |
| Mar 31, 2017 | 467.00 Mn |
| Mar 31, 2017 | 467.00 Mn |
| Dec 31, 2016 | 429.00 Mn |
| Dec 31, 2016 | 429.00 Mn |
| Sep 30, 2016 | 349.00 Mn |
| Sep 30, 2016 | 349.00 Mn |
| Jun 30, 2016 | 399.00 Mn |
| Jun 30, 2016 | 399.00 Mn |
| Mar 31, 2016 | 333.00 Mn |
| Mar 31, 2016 | 333.00 Mn |
| Dec 31, 2015 | 316.00 Mn |
| Dec 31, 2015 | 316.00 Mn |
| Sep 30, 2015 | 278.00 Mn |
| Sep 30, 2015 | 278.00 Mn |
| Jun 30, 2015 | 323.00 Mn |
| Jun 30, 2015 | 323.00 Mn |
| Mar 31, 2015 | 344.00 Mn |
| Mar 31, 2015 | 344.00 Mn |
| Dec 31, 2014 | 389.00 Mn |
| Dec 31, 2014 | 389.00 Mn |
| Sep 30, 2014 | 370.00 Mn |
| Sep 30, 2014 | 370.00 Mn |
| Jun 30, 2014 | 395.00 Mn |
| Jun 30, 2014 | 395.00 Mn |
| Mar 31, 2014 | 434.00 Mn |
| Mar 31, 2014 | 434.00 Mn |
| Dec 31, 2013 | 393.00 Mn |
| Dec 31, 2013 | 393.00 Mn |
| Sep 30, 2013 | 372.00 Mn |
| Sep 30, 2013 | 372.00 Mn |
| Jun 30, 2013 | 362.00 Mn |
| Jun 30, 2013 | 362.00 Mn |
| Mar 31, 2013 | 317.00 Mn |
| Mar 31, 2013 | 317.00 Mn |
| Dec 31, 2012 | 333.00 Mn |
| Dec 31, 2012 | 333.00 Mn |
| Sep 30, 2012 | 327.00 Mn |
| Sep 30, 2012 | 327.00 Mn |
| Jun 30, 2012 | 341.00 Mn |
| Jun 30, 2012 | 341.00 Mn |
| Mar 31, 2012 | 327.00 Mn |
| Mar 31, 2012 | 327.00 Mn |
| Dec 31, 2011 | 308.00 Mn |
| Dec 31, 2011 | 308.00 Mn |
| Sep 30, 2011 | 347.00 Mn |
| Sep 30, 2011 | 347.00 Mn |
| Jun 30, 2011 | 344.00 Mn |
| Jun 30, 2011 | 344.00 Mn |
| Mar 31, 2011 | 327.00 Mn |
| Mar 31, 2011 | 327.00 Mn |
| Dec 31, 2010 | 298.00 Mn |
| Dec 31, 2010 | 298.00 Mn |
| Sep 30, 2010 | 308.00 Mn |
| Sep 30, 2010 | 308.00 Mn |
| Jun 30, 2010 | 361.00 Mn |
| Jun 30, 2010 | 361.00 Mn |
| Dec 31, 2009 | 301.00 Mn |
| Dec 31, 2009 | 301.00 Mn |