KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Research & Development (2016 - 2026)

Nasdaq has reported Research & Development over the past 18 years, most recently at $84.0 million for Q1 2026.

  • Quarterly Research & Development rose 9.09% to $84.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $323.0 million through Mar 2026, up 11.0% year-over-year, with the annual reading at $316.0 million for FY2025, 12.46% up from the prior year.
  • Research & Development was $84.0 million for Q1 2026 at Nasdaq, up from $80.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $84.0 million in Q1 2026 and troughed at $50.0 million in Q1 2022.
  • The 5-year median for Research & Development is $67.0 million (2024), against an average of $65.9 million.
  • Biggest five-year swings in Research & Development: grew 6.38% in 2022 and later increased 24.07% in 2024.
  • Tracing NDAQ's Research & Development over 5 years: stood at $57.0 million in 2022, then rose by 14.04% to $65.0 million in 2023, then increased by 13.85% to $74.0 million in 2024, then grew by 8.11% to $80.0 million in 2025, then increased by 5.0% to $84.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods came in at $84.0 million, $80.0 million, and $80.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.