Nasdaq (NDAQ) Rent Expense (2009 - 2026)

Nasdaq's Rent Expense history runs 18 years deep, the most recent figure standing at $33.0 million for Q1 2026.

• In Q1 2026, Rent Expense rose 17.86% year-over-year to $33.0 million; the TTM figure through Mar 2026 stood at $129.0 million (up 17.27% YoY), while the FY2025 annual figure was $124.0 million, up 10.71% from the prior year.
• Rent Expense came in at $33.0 million for Q1 2026 at Nasdaq, down from $34.0 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $39.0 million in Q1 2023 to a low of $25.0 million in Q2 2022.
• A 5-year average of $29.4 million and a median of $28.0 million in 2023 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense soared 44.44% in 2023 and fell 28.21% in 2024, its largest moves.
• Nasdaq's Rent Expense stood at $26.0 million in 2022, then increased by 15.38% to $30.0 million in 2023, then dropped by 10.0% to $27.0 million in 2024, then grew by 25.93% to $34.0 million in 2025, then decreased by 2.94% to $33.0 million in 2026.
• According to Business Quant data, Rent Expense over the past three periods registered $33.0 million, $34.0 million, and $32.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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