Nasdaq (NDAQ) Total Debt (2009 - 2026)
Nasdaq recorded quarterly Total Debt of $9.0 billion in Q1 2026, down 0.52% quarter-over-quarter from $9.0 billion in Q4 2025, and down 3.96% year-over-year from $9.3 billion in Q1 2025.
Nasdaq's Total Debt history runs 18 years deep, the most recent figure standing at $9.0 billion for Q1 2026.
- In Q1 2026, Total Debt fell 3.96% year-over-year to $9.0 billion; the TTM figure through Mar 2026 stood at $9.0 billion (down 3.96% YoY), while the FY2025 annual figure 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.
- A 5-year average of $8.4 billion and a median of $9.2 billion in 2025 frame the typical range for Total Debt.
- Across the five-year window, Total Debt dropped 13.38% in 2023 and soared 95.52% in 2024, its largest moves.
- Nasdaq's Total Debt stood at $5.4 billion in 2022, then jumped by 93.63% to $10.5 billion in 2023, then fell by 9.32% to $9.5 billion in 2024, then retreated by 5.02% to $9.0 billion in 2025, then slipped by 0.52% to $9.0 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $9.0 billion, $9.0 billion, and $9.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 13.32 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 3.42 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 20.37 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 6.96 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 8.96 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 6.51 Bn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 6.40 Bn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 1.44 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 5.61 Bn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 1.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 5.89 Bn |
| Dec 31, 2020 | 5.54 Bn |
| Sep 30, 2020 | 3.57 Bn |
| Jun 30, 2020 | 3.48 Bn |
| Mar 31, 2020 | 4.11 Bn |
| Dec 31, 2019 | 3.39 Bn |
| Sep 30, 2019 | 3.48 Bn |
| Jun 30, 2019 | 3.49 Bn |
| Mar 31, 2019 | 3.57 Bn |
| Dec 31, 2018 | 3.83 Bn |
| Sep 30, 2018 | 3.88 Bn |
| Jun 30, 2018 | 3.85 Bn |
| Mar 31, 2018 | 4.12 Bn |
| Dec 31, 2017 | 4.21 Bn |
| Sep 30, 2017 | 154.00 Mn |
| Jun 30, 2017 | 494.00 Mn |
| Mar 31, 2017 | 3.62 Bn |
| Dec 31, 2016 | 3.60 Bn |
| Sep 30, 2016 | 3.71 Bn |
| Jun 30, 2016 | 3.73 Bn |
| Mar 31, 2016 | 2.57 Bn |
| Dec 31, 2015 | 2.36 Bn |
| Sep 30, 2015 | 2.44 Bn |
| Jun 30, 2015 | 2.28 Bn |
| Mar 31, 2015 | 2.31 Bn |
| Dec 31, 2014 | 2.30 Bn |
| Sep 30, 2014 | 2.35 Bn |
| Jun 30, 2014 | 2.41 Bn |
| Mar 31, 2014 | 2.51 Bn |
| Dec 31, 2013 | 2.63 Bn |
| Sep 30, 2013 | 2.72 Bn |
| Jun 30, 2013 | 2.79 Bn |
| Mar 31, 2013 | 1.97 Bn |
| Dec 31, 2012 | 1.98 Bn |
| Sep 30, 2012 | 1.99 Bn |
| Jun 30, 2012 | 2.00 Bn |
| Mar 31, 2012 | 2.01 Bn |
| Dec 31, 2011 | 2.12 Bn |
| Sep 30, 2011 | 2.21 Bn |
| Jun 30, 2011 | 2.21 Bn |
| Mar 31, 2011 | 2.29 Bn |
| Dec 31, 2010 | 2.32 Bn |
| Sep 30, 2010 | 1.99 Bn |
| Jun 30, 2010 | 2.05 Bn |
| Dec 31, 2009 | 2.09 Bn |