Nasdaq (NDAQ) Retained Earnings (2009 - 2026)
Nasdaq's (NDAQ) quarterly Retained Earnings came in at -$1.8 billion in Q1 2026, down 120.87% year-on-year from $8.7 billion in Q1 2025, and down 1.92% quarter-over-quarter from -$1.8 billion in Q4 2025.
Nasdaq (NDAQ) Retained Earnings (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Retained Earnings across 18 years of filings, most recently posting -$1.8 billion for Q1 2026.
- Retained Earnings for Q1 2026 came in at -$1.8 billion, down 120.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.8 billion (down 120.87% YoY), and the FY2025 annual result was -$1.8 billion, up 15.53% from the prior year.
- Retained Earnings came in at -$1.8 billion for Q1 2026 at Nasdaq, down from -$1.8 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $8.7 billion in Q1 2025 to a low of -$2.1 billion in Q2 2023.
- The 5-year median for Retained Earnings is -$1.8 billion (2025), against an average of $2.6 billion.
- Across the five-year window, Retained Earnings surged 573.07% in 2022 and plunged 130.85% in 2023, its largest moves.
- Nasdaq's Retained Earnings stood at -$2.0 billion in 2022, then advanced by 3.37% to -$1.9 billion in 2023, then dropped by 9.1% to -$2.1 billion in 2024, then increased by 15.53% to -$1.8 billion in 2025, then fell by 1.92% to -$1.8 billion in 2026.
- The last three Retained Earnings figures came in at -$1.8 billion (Q1 2026), -$1.8 billion (Q4 2025), and -$1.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 24.80 Bn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 59.40 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | -519.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 21.40 Bn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | -1.81 Bn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -13.31 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 5.68 Bn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 3.85 Bn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 3.10 Bn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 Bn | 314.28 Mn | 2.53 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.81 Bn |
| Dec 31, 2025 | -1.77 Bn |
| Sep 30, 2025 | -1.85 Bn |
| Jun 30, 2025 | -1.87 Bn |
| Mar 31, 2025 | 8.66 Bn |
| Dec 31, 2024 | -2.10 Bn |
| Sep 30, 2024 | 8.18 Bn |
| Jun 30, 2024 | 8.02 Bn |
| Mar 31, 2024 | 7.93 Bn |
| Dec 31, 2023 | -1.92 Bn |
| Sep 30, 2023 | 7.76 Bn |
| Jun 30, 2023 | -2.12 Bn |
| Mar 31, 2023 | -2.01 Bn |
| Dec 31, 2022 | -1.99 Bn |
| Sep 30, 2022 | 7.06 Bn |
| Jun 30, 2022 | 6.87 Bn |
| Mar 31, 2022 | 6.66 Bn |
| Dec 31, 2021 | -1.59 Bn |
| Sep 30, 2021 | 6.30 Bn |
| Jun 30, 2021 | -1.45 Bn |