Nasdaq (NDAQ) Retained Earnings (2009 - 2026)
Nasdaq (NDAQ) recorded Retained Earnings of $10.29 billion in Q2 2026, up 14.9% from $8.96 billion a year earlier and up 3.3% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq reported Retained Earnings of $9.59 billion, up 14.1% from FY2024.
- Annual Retained Earnings has increased for nine straight years, with a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $8.4 billion in FY2024 (+7.4%), $7.83 billion in FY2023 (+8.6%), $7.21 billion in FY2022 (+11.5%) and $6.47 billion in FY2021 (+14.9%).
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q4 2009.
- On a year-over-year basis, Retained Earnings has increased for 36 consecutive quarters, with growth averaging 11.3% over the last eight quarters.
- The year-over-year growth in Retained Earnings has ranged between 5.5% (Q3 2024) and 15.0% (Q1 2026) over the last five years.
- Per Business Quant, the preceding three quarters came in at $9.95 billion (Q1 2026), $9.59 billion (Q4 2025) and $9.22 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | -1.24 Bn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 48.91 Bn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 5.46 Bn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 22.06 Bn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 10.29 Bn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 3.87 Bn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 17.71 Bn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 4.13 Bn |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - | 6.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.29 Bn |
| Mar 31, 2026 | 9.95 Bn |
| Dec 31, 2025 | 9.59 Bn |
| Sep 30, 2025 | 9.22 Bn |
| Jun 30, 2025 | 8.96 Bn |
| Mar 31, 2025 | 8.66 Bn |
| Dec 31, 2024 | 8.40 Bn |
| Sep 30, 2024 | 8.18 Bn |
| Jun 30, 2024 | 8.02 Bn |
| Mar 31, 2024 | 7.93 Bn |
| Dec 31, 2023 | 7.83 Bn |
| Sep 30, 2023 | 7.76 Bn |
| Jun 30, 2023 | 7.57 Bn |
| Mar 31, 2023 | 7.41 Bn |
| Dec 31, 2022 | 7.21 Bn |
| Sep 30, 2022 | 7.06 Bn |
| Jun 30, 2022 | 6.87 Bn |
| Mar 31, 2022 | 6.66 Bn |
| Dec 31, 2021 | 6.47 Bn |
| Sep 30, 2021 | 6.30 Bn |
API Access
Nasdaq Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();