KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Share-based Compensation (2016 - 2025)

Nasdaq's Share-based Compensation history spans 17 years, with the latest figure at $43.0 million for Q4 2025.

  • For Q4 2025, Share-based Compensation rose 19.44% year-over-year to $43.0 million; the TTM value through Dec 2025 reached $165.0 million, up 17.02%, while the annual FY2025 figure was $165.0 million, 17.02% up from the prior year.
  • Share-based Compensation for Q4 2025 was $43.0 million at Nasdaq, up from $41.0 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $46.0 million in Q2 2025 and bottomed at $19.0 million in Q1 2021.
  • The 5-year median for Share-based Compensation is $30.0 million (2022), against an average of $31.2 million.
  • The largest annual shift saw Share-based Compensation decreased 4.17% in 2021 before it soared 41.67% in 2023.
  • A 5-year view of Share-based Compensation shows it stood at $24.0 million in 2021, then increased by 25.0% to $30.0 million in 2022, then grew by 6.67% to $32.0 million in 2023, then grew by 12.5% to $36.0 million in 2024, then increased by 19.44% to $43.0 million in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's Share-based Compensation are $43.0 million (Q4 2025), $41.0 million (Q3 2025), and $46.0 million (Q2 2025).