Nasdaq (NDAQ) Total Non-Current Liabilities (2009 - 2026)
Nasdaq (NDAQ) reported Total Non-Current Liabilities of $15.12 billion for Q3 2026, down 17.8% from $18.39 billion a year earlier but up 0.2% from the prior quarter.
Nasdaq (NDAQ) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq posted Total Non-Current Liabilities of $18.58 billion, down 2.0% from FY2024.
- Total Non-Current Liabilities has a five-year compound annual growth rate of 10.3% (FY2020 to FY2025).
- By year, Total Non-Current Liabilities came in at $18.97 billion in FY2024 (-10.7%), $21.25 billion in FY2023 (+46.8%), $14.48 billion in FY2022 (+7.4%) and $13.48 billion in FY2021 (+18.7%).
- Five-year quarterly Total Non-Current Liabilities spans a low of $13.48 billion in Q4 2021 and a high of $21.25 billion in Q4 2023.
- Year over year, Total Non-Current Liabilities has now declined in each of the last eight quarters, with an average decline of 9.9% over the last eight quarters.
- The high point for year-over-year Total Non-Current Liabilities in five years was Q2 2022 (growth of 48.5%); the low point was Q1 2026 (a decline of 20.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $15.1 billion (Q2 2026), $15.02 billion (Q1 2026) and $18.58 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.34 Bn | 97.67 Bn | - | 164.75 Bn |
| 2 | Bank of New York Mellon | 103.32 Bn | 36.94 Bn | - | 436.97 Bn |
| 3 | Intercontinental Exchange | 97.84 Bn | 90.74 Bn | - | 25.75 Bn |
| 4 | Robinhood Markets | 73.91 Bn | 53.45 Bn | - | 47.90 Bn |
| 5 | Nasdaq | 60.30 Bn | 57.74 Bn | 1.48 Bn | 15.12 Bn |
| 6 | State Street | 47.09 Bn | 47.09 Bn | - | - |
| 7 | Cboe Global Markets | 37.14 Bn | 27.62 Bn | 712.20 Mn | 5.23 Bn |
| 8 | Interactive Brokers | 35.28 Bn | 11.58 Bn | - | 219.74 Bn |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 148.14 Bn |
| 10 | Tradeweb Markets | 26.89 Bn | 18.69 Bn | - | 765.08 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.12 Bn |
| Jun 30, 2026 | 15.10 Bn |
| Mar 31, 2026 | 15.02 Bn |
| Dec 31, 2025 | 18.58 Bn |
| Sep 30, 2025 | 18.39 Bn |
| Jun 30, 2025 | 18.33 Bn |
| Mar 31, 2025 | 18.88 Bn |
| Dec 31, 2024 | 18.97 Bn |
| Sep 30, 2024 | 19.26 Bn |
| Jun 30, 2024 | 19.08 Bn |
| Mar 31, 2024 | 19.23 Bn |
| Dec 31, 2023 | 21.25 Bn |
| Sep 30, 2023 | 17.67 Bn |
| Jun 30, 2023 | 19.20 Bn |
| Mar 31, 2023 | 14.37 Bn |
| Dec 31, 2022 | 14.48 Bn |
| Sep 30, 2022 | 16.83 Bn |
| Jun 30, 2022 | 16.50 Bn |
| Mar 31, 2022 | 14.56 Bn |
| Dec 31, 2021 | 13.48 Bn |
Nasdaq Total Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=NDAQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();