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| Date | Value |
|---|---|
| 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 |