Nasdaq (NDAQ) Rent Expense (2009 - 2026)

Nasdaq has disclosed Rent Expense across 18 years of filings, most recently posting $33.0 million for Q1 2026.

• Rent Expense for Q1 2026 came in at $33.0 million, up 17.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $129.0 million (up 17.27% YoY), and the FY2025 annual result 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.
• The 5-year median for Rent Expense is $28.0 million (2023), against an average of $29.4 million.
• Across the five-year window, Rent Expense surged 44.44% in 2023 and declined 28.21% in 2024, its largest moves.
• Nasdaq's Rent Expense stood at $26.0 million in 2022, then grew by 15.38% to $30.0 million in 2023, then slipped by 10.0% to $27.0 million in 2024, then climbed by 25.93% to $34.0 million in 2025, then retreated by 2.94% to $33.0 million in 2026.
• The last three Rent Expense figures came in at $33.0 million (Q1 2026), $34.0 million (Q4 2025), and $32.0 million (Q3 2025), per Business Quant data.