Nasdaq (NDAQ) Total Debt (2009 - 2026)

Nasdaq's (NDAQ) quarterly Total Debt came in at $9.0 billion in Q1 2026, down 3.96% year-on-year from $9.3 billion in Q1 2025, and down 0.52% quarter-over-quarter from $9.0 billion in Q4 2025.

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

Nasdaq has disclosed Total Debt across 18 years of filings, most recently posting $9.0 billion for Q1 2026.

  • Total Debt for Q1 2026 came in at $9.0 billion, down 3.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.0 billion (down 3.96% YoY), and the FY2025 annual result was $9.0 billion, down 5.02% from the prior year.
  • Total Debt came in at $9.0 billion for Q1 2026 at Nasdaq, down from $9.0 billion in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $10.5 billion in Q4 2023 to a low of $5.1 billion in Q1 2023.
  • The 5-year median for Total Debt is $9.2 billion (2025), against an average of $8.4 billion.
  • Across the five-year window, Total Debt slipped 13.38% in 2023 and surged 95.52% in 2024, its largest moves.
  • Nasdaq's Total Debt stood at $5.4 billion in 2022, then soared by 93.63% to $10.5 billion in 2023, then declined by 9.32% to $9.5 billion in 2024, then fell by 5.02% to $9.0 billion in 2025, then decreased by 0.52% to $9.0 billion in 2026.
  • The last three Total Debt figures came in at $9.0 billion (Q1 2026), $9.0 billion (Q4 2025), and $9.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 13.32 Bn
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 3.42 Bn
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 6.96 Bn
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 20.37 Bn
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 8.96 Bn
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 6.51 Bn
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn 6.40 Bn
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 1.44 Bn
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 5.61 Bn
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 1.37 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 5.70 Bn