Nasdaq (NDAQ) Total Debt (2009 - 2026)
Nasdaq (NDAQ) posted Total Debt of $8.8 billion for Q2 2026, down 2.19% sequentially from $9.0 billion in Q1 2026, and down 4.54% YoY from $9.2 billion in Q2 2025.
Nasdaq (NDAQ) Total Debt (2009 - 2026) Analysis & Trends
Nasdaq has reported Total Debt for 18 years, with the latest figure at $8.8 billion 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 declined to $8.8 billion in Q2 2026 per NDAQ's latest filing, from $9.0 billion in the prior quarter.
- Over five years, Total Debt peaked at $10.5 billion in Q4 2023 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Total Debt declined 13.38% in 2023, then jumped 95.52% in 2024.
- Over 5 years, Total Debt stood at $5.4 billion in 2022, then surged by 93.63% to $10.5 billion in 2023, then retreated by 9.32% to $9.5 billion in 2024, then decreased by 5.02% to $9.0 billion in 2025, then dropped 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.27 Bn | 123.13 Bn | 2.98 Bn | 17.74 Bn |
| 2 | Cme | 99.10 Bn | 99.10 Bn | 1.65 Bn | 3.42 Bn |
| 3 | Intercontinental Exchange | 91.10 Bn | 89.15 Bn | - | 19.85 Bn |
| 4 | Moodys | 87.76 Bn | 86.26 Bn | 1.67 Bn | 7.52 Bn |
| 5 | Nasdaq | 55.51 Bn | 54.79 Bn | 1.50 Bn | 8.76 Bn |
| 6 | Coinbase Global | 49.17 Bn | 40.38 Bn | 1.16 Bn | 10.24 Bn |
| 7 | Msci | 41.18 Bn | 40.82 Bn | 717.10 Mn | 6.38 Bn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 2.09 Bn |
| 9 | TransUnion | 16.35 Bn | 15.51 Bn | 765.00 Mn | 5.59 Bn |
| 10 | Factset Research Systems | 10.78 Bn | 10.47 Bn | 310.73 Mn | 1.89 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |