Nasdaq (NDAQ) Retained Earnings (2009 - 2026)
Nasdaq recorded quarterly Retained Earnings of -$1.8 billion in Q1 2026, down 1.92% quarter-over-quarter from -$1.8 billion in Q4 2025, and down 120.87% year-over-year from $8.7 billion in Q1 2025.
Nasdaq's Retained Earnings history runs 18 years deep, the most recent figure standing at -$1.8 billion for Q1 2026.
- In Q1 2026, Retained Earnings fell 120.87% year-over-year to -$1.8 billion; the TTM figure through Mar 2026 stood at -$1.8 billion (down 120.87% YoY), while the FY2025 annual figure 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.
- A 5-year average of $2.6 billion and a median of -$1.8 billion in 2025 frame the typical range for Retained Earnings.
- Across the five-year window, Retained Earnings soared 573.07% in 2022 and tumbled 130.85% in 2023, its largest moves.
- Nasdaq's Retained Earnings stood at -$2.0 billion in 2022, then climbed by 3.37% to -$1.9 billion in 2023, then declined by 9.1% to -$2.1 billion in 2024, then rose by 15.53% to -$1.8 billion in 2025, then retreated by 1.92% to -$1.8 billion in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered -$1.8 billion, -$1.8 billion, and -$1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 24.80 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 59.40 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 21.40 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | -519.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | -1.81 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -13.31 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 5.68 Bn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 3.85 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 3.10 Bn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 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 |
| Mar 31, 2021 | 5.85 Bn |
| Dec 31, 2020 | 5.63 Bn |
| Sep 30, 2020 | -1.63 Bn |
| Jun 30, 2020 | -1.72 Bn |
| Mar 31, 2020 | 5.14 Bn |
| Dec 31, 2019 | 5.03 Bn |
| Sep 30, 2019 | 4.90 Bn |
| Jun 30, 2019 | 4.83 Bn |
| Mar 31, 2019 | 4.73 Bn |
| Dec 31, 2018 | 4.56 Bn |
| Sep 30, 2018 | -1.18 Bn |
| Jun 30, 2018 | 4.31 Bn |
| Mar 31, 2018 | 4.15 Bn |
| Dec 31, 2017 | 3.96 Bn |
| Sep 30, 2017 | -825.00 Mn |
| Jun 30, 2017 | -892.00 Mn |
| Mar 31, 2017 | 3.60 Bn |
| Dec 31, 2016 | -2.00 Mn |
| Sep 30, 2016 | -882.00 Mn |
| Jun 30, 2016 | 3.68 Bn |
| Mar 31, 2016 | -770.00 Mn |
| Dec 31, 2015 | -864.00 Mn |
| Sep 30, 2015 | 3.46 Bn |
| Jun 30, 2015 | 3.37 Bn |
| Mar 31, 2015 | -883.00 Mn |
| Dec 31, 2014 | 3.29 Bn |
| Sep 30, 2014 | -325.00 Mn |
| Jun 30, 2014 | 3.13 Bn |
| Mar 31, 2014 | 3.03 Bn |
| Dec 31, 2013 | 2.98 Bn |
| Sep 30, 2013 | 2.86 Bn |
| Jun 30, 2013 | 2.77 Bn |
| Mar 31, 2013 | 2.70 Bn |
| Dec 31, 2012 | -185.00 Mn |
| Sep 30, 2012 | 2.61 Bn |
| Jun 30, 2012 | -368.00 Mn |
| Mar 31, 2012 | 2.48 Bn |
| Dec 31, 2011 | -350.00 Mn |
| Sep 30, 2011 | -346.00 Mn |
| Jun 30, 2011 | 2.20 Bn |
| Mar 31, 2011 | 2.11 Bn |
| Dec 31, 2010 | 2.00 Bn |
| Sep 30, 2010 | 1.87 Bn |
| Jun 30, 2010 | 1.77 Bn |
| Dec 31, 2009 | 1.61 Bn |