Nasdaq (NDAQ) Total Debt (2009 - 2026)

Nasdaq (NDAQ) posted quarterly Total Debt of $8.8 billion for Q2 2026, down 4.54% year-on-year from $9.2 billion in Q2 2025, and down 2.19% on a QoQ basis from $9.0 billion in Q1 2026.

Nasdaq (NDAQ) Total Debt (2009 - 2026) Analysis & Trends

Nasdaq (NDAQ) has reported Total Debt for 18 consecutive years, with $8.8 billion the latest figure, recorded in Q2 2026.

  • Quarterly Total Debt fell 4.54% year-over-year to $8.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $8.8 billion (down 4.54% YoY) and the FY2025 annual result came in at $9.0 billion, down 5.02% from the prior year.
  • Total Debt slipped to $8.8 billion in Q2 2026 per NDAQ's latest filing, from $9.0 billion in the prior quarter.
  • Over the last five years, Total Debt for NDAQ reached as high as $10.5 billion in Q4 2023 and fell as low as $5.1 billion in Q1 2023.
  • A 5-year average of $8.4 billion and a median of $9.1 billion in 2025 frame the typical range for Total Debt.
  • Annual changes were most pronounced in 2023 — Total Debt retreated 13.38% — and 2024, when it soared 95.52%.
  • Year by year, Total Debt stood at $5.4 billion in 2022, then surged by 93.63% to $10.5 billion in 2023, then dropped by 9.32% to $9.5 billion in 2024, then declined by 5.02% to $9.0 billion in 2025, then retreated by 2.7% to $8.8 billion in 2026.
  • According to Business Quant data, Total Debt over the past three periods registered $8.8 billion, $9.0 billion, and $9.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Bit Origin 1,110.84 Bn 1,110.84 Bn - -
2 S&P Global 130.72 Bn 128.91 Bn 2.94 Bn 13.32 Bn
3 Cme 92.16 Bn 92.16 Bn 1.65 Bn 3.42 Bn
4 Moodys 84.72 Bn 83.22 Bn 1.67 Bn 7.52 Bn
5 Intercontinental Exchange 84.12 Bn 82.38 Bn - 20.37 Bn
6 Nasdaq 53.10 Bn 52.38 Bn 1.50 Bn 8.76 Bn
7 Coinbase Global 44.25 Bn 33.81 Bn 1.33 Bn 7.76 Bn
8 Msci 41.65 Bn 41.29 Bn 717.10 Mn 6.38 Bn
9 Cboe Global Markets 30.13 Bn 27.96 Bn 728.90 Mn 1.44 Bn
10 TransUnion 14.77 Bn 14.04 Bn 726.20 Mn 5.61 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 8.76 Bn
Mar 31, 2026 8.96 Bn
Dec 31, 2025 9.00 Bn
Sep 30, 2025 9.10 Bn
Jun 30, 2025 9.18 Bn
Mar 31, 2025 9.33 Bn
Dec 31, 2024 9.48 Bn
Sep 30, 2024 9.86 Bn
Jun 30, 2024 9.80 Bn
Mar 31, 2024 9.99 Bn
Dec 31, 2023 10.45 Bn
Sep 30, 2023 9.70 Bn
Jun 30, 2023 9.93 Bn
Mar 31, 2023 5.11 Bn
Dec 31, 2022 5.40 Bn
Sep 30, 2022 5.37 Bn
Jun 30, 2022 5.72 Bn
Mar 31, 2022 5.90 Bn
Dec 31, 2021 5.83 Bn
Sep 30, 2021 5.93 Bn