Nasdaq (NDAQ) Treasury Stock (2009 - 2026)
Nasdaq's Treasury Shares was 25.54 million in Q3 2026, up 3.6% from 24.66 million a year earlier and unchanged from the prior quarter.
Analysis
Nasdaq (NDAQ) Treasury Stock (2009 - 2026) Analysis & Trends
At the end of FY2025, Treasury Shares at Nasdaq came in at 24.73 million, up 3.6% from FY2024.
- Treasury Shares has now increased for 11 consecutive years, with a five-year compound annual growth rate of 31.3% (FY2020 to FY2025).
- In earlier years, Treasury Shares was 23.86 million in FY2024 (+4.4%), 22.86 million in FY2023 (+6.0%), 21.57 million in FY2022 (+6.7%) and 20.22 million in FY2021 (+218.6%).
- The Q3 2026 figure marks the highest quarterly Treasury Shares since Q3 2014.
- Compared with a year earlier, Treasury Shares has increased for 44 straight quarters, with growth averaging 3.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Treasury Shares ranged from 3.6% (Q3 2026) to 221.6% (Q3 2022).
- Per Business Quant data, NDAQ's Treasury Shares in the three quarters before Q3 2026 was 25.53 million (Q2 2026), 25.1 million (Q1 2026) and 24.73 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Stock (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | - |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | 36.85 Bn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | 9.51 Bn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | - |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | 784.00 Mn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | - |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | 166.20 Mn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | 8.00 Mn |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | 6.44 Bn |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 784.00 Mn |
| Jun 30, 2026 | 784.00 Mn |
| Mar 31, 2026 | 747.00 Mn |
| Dec 31, 2025 | 716.00 Mn |
| Sep 30, 2025 | 710.00 Mn |
| Jun 30, 2025 | 706.00 Mn |
| Mar 31, 2025 | 672.00 Mn |
| Dec 31, 2024 | 647.00 Mn |
| Sep 30, 2024 | 643.00 Mn |
| Jun 30, 2024 | 641.00 Mn |
| Mar 31, 2024 | 611.00 Mn |
| Dec 31, 2023 | 587.00 Mn |
| Sep 30, 2023 | 585.00 Mn |
| Jun 30, 2023 | 583.00 Mn |
| Mar 31, 2023 | 555.00 Mn |
| Dec 31, 2022 | 515.00 Mn |
| Sep 30, 2022 | 510.00 Mn |
| Jun 30, 2022 | 509.00 Mn |
| Mar 31, 2022 | 489.00 Mn |
| Dec 31, 2021 | 437.00 Mn |
API Access
Nasdaq Treasury Stock 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=treasury-shares&ticker=NDAQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "treasury-shares", "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=treasury-shares&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();