Nasdaq (NDAQ) Tax Provisions (2009 - 2026)
Nasdaq recorded quarterly Tax Provisions of $158.0 million in Q1 2026, up 154.84% quarter-over-quarter from $62.0 million in Q4 2025, and up 69.89% year-over-year from $93.0 million in Q1 2025.
Nasdaq's Tax Provisions history runs 18 years deep, the most recent figure standing at $158.0 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 69.89% year-over-year to $158.0 million; the TTM figure through Mar 2026 stood at $422.0 million (up 21.61% YoY), while the FY2025 annual figure was $358.0 million, up 7.19% from the prior year.
- Tax Provisions came in at $158.0 million for Q1 2026 at Nasdaq, up from $62.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $158.0 million in Q1 2026 to a low of $51.0 million in Q3 2024.
- A 5-year average of $90.8 million and a median of $90.0 million in 2022 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions plunged 47.42% in 2024 and jumped 107.84% in 2025, its largest moves.
- Nasdaq's Tax Provisions stood at $82.0 million in 2022, then changed by 0.0% to $82.0 million in 2023, then grew by 2.44% to $84.0 million in 2024, then retreated by 26.19% to $62.0 million in 2025, then soared by 154.84% to $158.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $158.0 million, $62.0 million, and $106.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 404.00 Mn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 356.60 Mn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 465.00 Mn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 209.00 Mn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 158.00 Mn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -70.59 Mn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -16.80 Mn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 129.80 Mn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 27.60 Mn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 28.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 158.00 Mn |
| Dec 31, 2025 | 62.00 Mn |
| Sep 30, 2025 | 106.00 Mn |
| Jun 30, 2025 | 96.00 Mn |
| Mar 31, 2025 | 93.00 Mn |
| Dec 31, 2024 | 84.00 Mn |
| Sep 30, 2024 | 51.00 Mn |
| Jun 30, 2024 | 119.00 Mn |
| Mar 31, 2024 | 79.00 Mn |
| Dec 31, 2023 | 82.00 Mn |
| Sep 30, 2023 | 97.00 Mn |
| Jun 30, 2023 | 70.00 Mn |
| Mar 31, 2023 | 95.00 Mn |
| Dec 31, 2022 | 82.00 Mn |
| Sep 30, 2022 | 88.00 Mn |
| Jun 30, 2022 | 90.00 Mn |
| Mar 31, 2022 | 91.00 Mn |
| Dec 31, 2021 | 55.00 Mn |
| Sep 30, 2021 | 83.00 Mn |
| Jun 30, 2021 | 113.00 Mn |
| Mar 31, 2021 | 97.00 Mn |
| Dec 31, 2020 | 42.00 Mn |
| Sep 30, 2020 | 93.00 Mn |
| Jun 30, 2020 | 75.00 Mn |
| Mar 31, 2020 | 70.00 Mn |
| Dec 31, 2019 | 49.00 Mn |
| Sep 30, 2019 | 65.00 Mn |
| Jun 30, 2019 | 65.00 Mn |
| Mar 31, 2019 | 66.00 Mn |
| Dec 31, 2018 | 372.00 Mn |
| Sep 30, 2018 | 46.00 Mn |
| Jun 30, 2018 | 126.00 Mn |
| Mar 31, 2018 | 62.00 Mn |
| Dec 31, 2017 | -35.00 Mn |
| Sep 30, 2017 | 64.00 Mn |
| Jun 30, 2017 | 65.00 Mn |
| Mar 31, 2017 | 47.00 Mn |
| Dec 31, 2016 | -181.00 Mn |
| Sep 30, 2016 | 68.00 Mn |
| Jun 30, 2016 | 76.00 Mn |
| Mar 31, 2016 | 63.00 Mn |
| Dec 31, 2015 | 71.00 Mn |
| Sep 30, 2015 | 68.00 Mn |
| Jun 30, 2015 | 60.00 Mn |
| Mar 31, 2015 | 5.00 Mn |
| Dec 31, 2014 | 11.00 Mn |
| Sep 30, 2014 | 56.00 Mn |
| Jun 30, 2014 | 61.00 Mn |
| Mar 31, 2014 | 53.00 Mn |
| Dec 31, 2013 | 94.00 Mn |
| Sep 30, 2013 | 58.00 Mn |
| Jun 30, 2013 | 47.00 Mn |
| Mar 31, 2013 | 17.00 Mn |
| Dec 31, 2012 | 68.00 Mn |
| Sep 30, 2012 | 45.00 Mn |
| Jun 30, 2012 | 33.00 Mn |
| Mar 31, 2012 | 53.00 Mn |
| Dec 31, 2011 | 39.00 Mn |
| Sep 30, 2011 | 61.00 Mn |
| Jun 30, 2011 | 40.00 Mn |
| Mar 31, 2011 | 49.00 Mn |
| Dec 31, 2010 | 13.00 Mn |
| Sep 30, 2010 | 43.00 Mn |
| Jun 30, 2010 | 51.00 Mn |
| Mar 31, 2010 | 29.00 Mn |
| Dec 31, 2009 | 9.00 Mn |
| Sep 30, 2009 | 25.00 Mn |
| Jun 30, 2009 | 46.00 Mn |