Nasdaq (NDAQ) Total Liabilities (2009 - 2026)
Nasdaq recorded quarterly Total Liabilities of $15.3 billion in Q1 2026, down 18.9% quarter-over-quarter from $18.8 billion in Q4 2025, and down 20.06% year-over-year from $19.1 billion in Q1 2025.
Nasdaq's Total Liabilities history runs 18 years deep, the most recent figure standing at $15.3 billion for Q1 2026.
- In Q1 2026, Total Liabilities fell 20.06% year-over-year to $15.3 billion; the TTM figure through Mar 2026 stood at $15.3 billion (down 20.06% YoY), while the FY2025 annual figure was $18.8 billion, down 1.95% from the prior year.
- Total Liabilities came in at $15.3 billion for Q1 2026 at Nasdaq, down from $18.8 billion in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $21.5 billion in Q4 2023 to a low of $14.6 billion in Q1 2023.
- A 5-year average of $17.9 billion and a median of $18.6 billion in 2025 frame the typical range for Total Liabilities.
- Across the five-year window, Total Liabilities jumped 48.03% in 2022 and slipped 20.06% in 2026, its largest moves.
- Nasdaq's Total Liabilities stood at $14.7 billion in 2022, then soared by 45.99% to $21.5 billion in 2023, then decreased by 10.58% to $19.2 billion in 2024, then fell by 1.95% to $18.8 billion in 2025, then dropped by 18.9% to $15.3 billion in 2026.
- According to Business Quant data, Total Liabilities over the past three periods registered $15.3 billion, $18.8 billion, and $18.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 24.59 Bn |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 175.38 Bn |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 149.62 Bn |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 11.59 Bn |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 15.26 Bn |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 15.37 Bn |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 8.32 Bn |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 5.70 Bn |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 7.13 Bn |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 2.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.26 Bn |
| Dec 31, 2025 | 18.82 Bn |
| Sep 30, 2025 | 18.62 Bn |
| Jun 30, 2025 | 18.57 Bn |
| Mar 31, 2025 | 19.09 Bn |
| Dec 31, 2024 | 19.20 Bn |
| Sep 30, 2024 | 19.48 Bn |
| Jun 30, 2024 | 19.30 Bn |
| Mar 31, 2024 | 19.45 Bn |
| Dec 31, 2023 | 21.47 Bn |
| Sep 30, 2023 | 17.87 Bn |
| Jun 30, 2023 | 19.41 Bn |
| Mar 31, 2023 | 14.60 Bn |
| Dec 31, 2022 | 14.70 Bn |
| Sep 30, 2022 | 17.06 Bn |
| Jun 30, 2022 | 16.75 Bn |
| Mar 31, 2022 | 14.80 Bn |
| Dec 31, 2021 | 13.71 Bn |
| Sep 30, 2021 | 12.04 Bn |
| Jun 30, 2021 | 11.31 Bn |
| Mar 31, 2021 | 12.16 Bn |
| Dec 31, 2020 | 11.54 Bn |
| Sep 30, 2020 | 8.82 Bn |
| Jun 30, 2020 | 8.80 Bn |
| Mar 31, 2020 | 9.40 Bn |
| Dec 31, 2019 | 8.29 Bn |
| Sep 30, 2019 | 7.65 Bn |
| Jun 30, 2019 | 8.58 Bn |
| Mar 31, 2019 | 9.01 Bn |
| Dec 31, 2018 | 10.25 Bn |
| Sep 30, 2018 | 9.25 Bn |
| Jun 30, 2018 | 9.60 Bn |
| Mar 31, 2018 | 10.07 Bn |
| Dec 31, 2017 | 9.47 Bn |
| Sep 30, 2017 | 9.34 Bn |
| Jun 30, 2017 | 9.08 Bn |
| Mar 31, 2017 | 9.14 Bn |
| Dec 31, 2016 | -60.00 Mn |
| Sep 30, 2016 | 9.05 Bn |
| Jun 30, 2016 | 9.38 Bn |
| Mar 31, 2016 | 8.02 Bn |
| Dec 31, 2015 | 6.25 Bn |
| Sep 30, 2015 | 6.22 Bn |
| Jun 30, 2015 | 6.39 Bn |
| Mar 31, 2015 | 6.70 Bn |
| Dec 31, 2014 | 6.28 Bn |
| Sep 30, 2014 | 6.57 Bn |
| Jun 30, 2014 | 6.91 Bn |
| Mar 31, 2014 | 6.74 Bn |
| Dec 31, 2013 | 6.39 Bn |
| Sep 30, 2013 | 6.43 Bn |
| Jun 30, 2013 | 6.09 Bn |
| Mar 31, 2013 | 3.99 Bn |
| Dec 31, 2012 | 3.92 Bn |
| Sep 30, 2012 | 3.78 Bn |
| Jun 30, 2012 | 3.96 Bn |
| Mar 31, 2012 | 3.86 Bn |
| Dec 31, 2011 | 9.11 Bn |
| Sep 30, 2011 | 8.16 Bn |
| Jun 30, 2011 | 9.06 Bn |
| Mar 31, 2011 | 13.03 Bn |
| Dec 31, 2010 | 11.48 Bn |
| Sep 30, 2010 | 5.28 Bn |
| Jun 30, 2010 | 5.22 Bn |
| Dec 31, 2009 | 5.76 Bn |