Nasdaq (NDAQ) Treasury Shares (2009 - 2026)
Nasdaq (NDAQ) reported Treasury Shares of $784 million for Q2 2026, up 11.0% from $706 million a year earlier and up 5.0% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Treasury Shares (2009 - 2026) Analysis & Trends
At the end of FY2025, Nasdaq posted Treasury Shares of $716 million, up 10.7% from FY2024.
- Treasury Shares has increased for 11 consecutive years, with a five-year compound annual growth rate of 13.7% (FY2020 to FY2025).
- By year, Treasury Shares came in at $647 million in FY2024 (+10.2%), $587 million in FY2023 (+14.0%), $515 million in FY2022 (+17.8%) and $437 million in FY2021 (+16.2%).
- The Q2 2026 figure ranks as the highest quarterly Treasury Shares since Q3 2014.
- Year over year, Treasury Shares has now increased in each of the last 43 quarters, with growth averaging 10.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Treasury Shares ran from 9.9% in Q3 2024 to 20.3% in Q2 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at $747 million (Q1 2026), $716 million (Q4 2025) and $710 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 745.00 Mn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | - |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 94.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 25.53 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 229.18 Mn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 617,110.00 |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 62.22 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 389,420.00 |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - | 57.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.53 Mn |
| Mar 31, 2026 | 25.10 Mn |
| Dec 31, 2025 | 24.73 Mn |
| Sep 30, 2025 | 24.66 Mn |
| Jun 30, 2025 | 24.61 Mn |
| Mar 31, 2025 | 24.18 Mn |
| Dec 31, 2024 | 23.86 Mn |
| Sep 30, 2024 | 23.80 Mn |
| Jun 30, 2024 | 23.76 Mn |
| Mar 31, 2024 | 23.29 Mn |
| Dec 31, 2023 | 22.86 Mn |
| Sep 30, 2023 | 22.82 Mn |
| Jun 30, 2023 | 22.79 Mn |
| Mar 31, 2023 | 22.26 Mn |
| Dec 31, 2022 | 21.57 Mn |
| Sep 30, 2022 | 21.48 Mn |
| Jun 30, 2022 | 7.15 Mn |
| Mar 31, 2022 | 7.05 Mn |
| Dec 31, 2021 | 20.22 Mn |
| Sep 30, 2021 | 6.68 Mn |
API Access
Nasdaq Treasury Shares 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_KEYimport 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();