Nasdaq (NDAQ) Tax Provisions (2009 - 2026)
Nasdaq's (NDAQ) quarterly Tax Provisions came in at $158.0 million in Q1 2026, up 69.89% year-on-year from $93.0 million in Q1 2025, and up 154.84% quarter-over-quarter from $62.0 million in Q4 2025.
Nasdaq (NDAQ) Tax Provisions (2009 - 2026) Analysis & Trends
Nasdaq has disclosed Tax Provisions across 18 years of filings, most recently posting $158.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $158.0 million, up 69.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $422.0 million (up 21.61% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Provisions is $90.0 million (2022), against an average of $90.8 million.
- Across the five-year window, Tax Provisions sank 47.42% in 2024 and soared 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 climbed by 2.44% to $84.0 million in 2024, then fell by 26.19% to $62.0 million in 2025, then surged by 154.84% to $158.0 million in 2026.
- The last three Tax Provisions figures came in at $158.0 million (Q1 2026), $62.0 million (Q4 2025), and $106.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 404.00 Mn |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 356.60 Mn |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 209.00 Mn |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 465.00 Mn |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 158.00 Mn |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | -70.59 Mn |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | -16.80 Mn |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 129.80 Mn |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 27.60 Mn |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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 |