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Growth Metrics

Nasdaq (NDAQ) Total Non-Current Liabilities (2009 - 2026)

Nasdaq recorded quarterly Total Non-Current Liabilities of $15.0 billion in Q1 2026, down 19.18% quarter-over-quarter from $18.6 billion in Q4 2025, and down 20.45% year-over-year from $18.9 billion in Q1 2025.

Nasdaq's Total Non-Current Liabilities history runs 18 years deep, the most recent figure standing at $15.0 billion for Q1 2026.

  • In Q1 2026, Total Non-Current Liabilities fell 20.45% year-over-year to $15.0 billion; the TTM figure through Mar 2026 stood at $15.0 billion (down 20.45% YoY), while the FY2025 annual figure was $18.6 billion, down 2.03% from the prior year.
  • Total Non-Current Liabilities came in at $15.0 billion for Q1 2026 at Nasdaq, down from $18.6 billion in the prior quarter.
  • In the past five years, Total Non-Current Liabilities ranged from a high of $21.2 billion in Q4 2023 to a low of $14.4 billion in Q1 2023.
  • A 5-year average of $17.7 billion and a median of $18.4 billion in 2025 frame the typical range for Total Non-Current Liabilities.
  • Across the five-year window, Total Non-Current Liabilities jumped 48.54% in 2022 and slipped 20.45% in 2026, its largest moves.
  • Nasdaq's Total Non-Current Liabilities stood at $14.5 billion in 2022, then jumped by 46.75% to $21.2 billion in 2023, then slipped by 10.74% to $19.0 billion in 2024, then slipped by 2.03% to $18.6 billion in 2025, then slipped by 19.18% to $15.0 billion in 2026.
  • According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $15.0 billion, $18.6 billion, and $18.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 23.82 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 174.64 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 23.93 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 11.43 Bn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 15.02 Bn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 15.13 Bn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 8.19 Bn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 5.68 Bn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 6.98 Bn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 2.08 Bn

Historic Data

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DateValue
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
Sep 30, 2021 11.84 Bn
Jun 30, 2021 11.11 Bn
Mar 31, 2021 11.96 Bn
Dec 31, 2020 11.36 Bn
Sep 30, 2020 8.64 Bn
Jun 30, 2020 8.64 Bn
Mar 31, 2020 9.23 Bn
Dec 31, 2019 8.11 Bn
Sep 30, 2019 7.48 Bn
Jun 30, 2019 8.41 Bn
Mar 31, 2019 8.83 Bn
Dec 31, 2018 10.03 Bn
Sep 30, 2018 9.10 Bn
Jun 30, 2018 9.42 Bn
Mar 31, 2018 9.90 Bn
Dec 31, 2017 9.31 Bn
Sep 30, 2017 9.20 Bn
Jun 30, 2017 8.94 Bn
Mar 31, 2017 8.99 Bn
Dec 31, 2016 -204.00 Mn
Sep 30, 2016 8.91 Bn
Jun 30, 2016 9.22 Bn
Mar 31, 2016 7.86 Bn
Dec 31, 2015 6.11 Bn
Sep 30, 2015 6.08 Bn
Jun 30, 2015 6.24 Bn
Mar 31, 2015 6.54 Bn
Dec 31, 2014 6.12 Bn
Sep 30, 2014 6.44 Bn
Jun 30, 2014 6.76 Bn
Mar 31, 2014 6.59 Bn
Dec 31, 2013 6.24 Bn
Sep 30, 2013 6.25 Bn
Jun 30, 2013 5.90 Bn
Mar 31, 2013 3.79 Bn
Dec 31, 2012 3.73 Bn
Sep 30, 2012 3.59 Bn
Jun 30, 2012 3.76 Bn
Mar 31, 2012 3.68 Bn
Dec 31, 2011 8.93 Bn
Sep 30, 2011 7.98 Bn
Jun 30, 2011 8.87 Bn
Mar 31, 2011 12.83 Bn
Dec 31, 2010 11.28 Bn
Sep 30, 2010 5.10 Bn
Jun 30, 2010 5.05 Bn
Dec 31, 2009 5.56 Bn