Nasdaq (NDAQ) Rent Expense (2009 - 2026)
Nasdaq (NDAQ) posted Rent Expense of $35.0 million for Q2 2026, up 6.06% sequentially from $33.0 million in Q1 2026, and up 16.67% YoY from $30.0 million in Q2 2025.
Nasdaq (NDAQ) Rent Expense (2009 - 2026) Analysis & Trends
Nasdaq has reported Rent Expense for 18 years, with the latest figure at $35.0 million in Q2 2026.
- Quarterly Rent Expense rose 16.67% year-over-year to $35.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $134.0 million (up 18.58% YoY) and the FY2025 annual result came in at $124.0 million, up 10.71% from the prior year.
- Rent Expense rose to $35.0 million in Q2 2026 per NDAQ's latest filing, from $33.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $39.0 million in Q1 2023 and troughed at $25.0 million in Q2 2022.
- A 5-year average of $29.7 million and a median of $28.0 million in 2023 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2023 and 2024: Rent Expense jumped 44.44% in 2023, then retreated 28.21% in 2024.
- Over 5 years, Rent Expense stood at $26.0 million in 2022, then rose by 15.38% to $30.0 million in 2023, then declined by 10.0% to $27.0 million in 2024, then increased by 25.93% to $34.0 million in 2025, then increased by 2.94% to $35.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $35.0 million, $33.0 million, and $34.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | - |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | - |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | 23.00 Mn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | - |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 35.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | - |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | - |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 6.10 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | - |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.00 Mn |
| Jun 30, 2026 | 35.00 Mn |
| Mar 31, 2026 | 33.00 Mn |
| Mar 31, 2026 | 33.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 30.00 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Dec 31, 2024 | 27.00 Mn |
| Dec 31, 2024 | 27.00 Mn |
| Sep 30, 2024 | 28.00 Mn |
| Sep 30, 2024 | 28.00 Mn |
| Jun 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | 27.00 Mn |
| Mar 31, 2024 | 28.00 Mn |
| Mar 31, 2024 | 28.00 Mn |