Nasdaq (NDAQ) Shares Outstanding (2009 - 2026)

Nasdaq's (NDAQ) quarterly Shares Outstanding came in at $589.8 million in Q1 2026, up 2.76% year-on-year from $574.0 million in Q1 2025, and up 3.5% quarter-over-quarter from $569.9 million in Q4 2025.

Nasdaq (NDAQ) Shares Outstanding (2009 - 2026) Analysis & Trends

Nasdaq has disclosed Shares Outstanding across 18 years of filings, most recently posting $589.8 million for Q1 2026.

  • Shares Outstanding for Q1 2026 came in at $589.8 million, up 2.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $589.8 million (up 2.76% YoY), and the FY2025 annual result was $569.9 million, down 0.89% from the prior year.
  • Shares Outstanding came in at $589.8 million for Q1 2026 at Nasdaq, up from $569.9 million in the prior quarter.
  • In the past five years, Shares Outstanding ranged from a high of $589.8 million in Q1 2026 to a low of $490.0 million in Q1 2023.
  • The 5-year median for Shares Outstanding is $572.7 million (2025), against an average of $541.0 million.
  • Peak annual rise in Shares Outstanding reached 200.61% in 2022, while the deepest fall reached 3.35% in 2022.
  • Nasdaq's Shares Outstanding stood at $492.0 million in 2022, then rose by 16.87% to $575.0 million in 2023, then changed by 0.0% to $575.0 million in 2024, then declined by 0.89% to $569.9 million in 2025, then climbed by 3.5% to $589.8 million in 2026.
  • The last three Shares Outstanding figures came in at $589.8 million (Q1 2026), $569.9 million (Q4 2025), and $572.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 415.00 Mn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 361.79 Mn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 342.90 Mn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 566.00 Mn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 589.85 Mn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 263.41 Mn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 72.90 Mn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 104.67 Mn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 192.80 Mn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 36.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 589.85 Mn
Mar 31, 2026 589.85 Mn
Mar 31, 2026 589.85 Mn
Mar 31, 2026 589.85 Mn
Mar 31, 2026 589.85 Mn
Mar 31, 2026 589.85 Mn
Mar 31, 2026 589.85 Mn
Mar 31, 2026 589.85 Mn
Dec 31, 2025 569.89 Mn
Dec 31, 2025 569.89 Mn
Dec 31, 2025 569.89 Mn
Dec 31, 2025 569.89 Mn
Dec 31, 2025 569.89 Mn
Dec 31, 2025 569.89 Mn
Dec 31, 2025 569.89 Mn
Dec 31, 2025 569.89 Mn
Sep 30, 2025 572.75 Mn
Sep 30, 2025 572.75 Mn
Sep 30, 2025 572.75 Mn
Sep 30, 2025 572.75 Mn