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NASDAQ, INC. Free Cash Flow 2008-2026 | NDAQ

Annual FY2008–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$1.99B

+14.8%YoY vs FY2024Source: 10-KFY2025

From $161.0M in FY2008 to $1.99B in FY2025: 12.4× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$629M+2.4%$634M−7.7%Not reportedNot reported
FY25$614M+25.1%$687M+68.4%$152M−19.1%$536M−16.9%
FY24$491M−6.5%$408M+8.8%$188M−28.5%$645M+72.0%
FY23$525M−7.9%$375M+12.6%$263M+37.7%$375M−18.5%
FY22$570M+61.9%$333M+879.4%$191M−4.5%$460M+37.7%
Share34%21%13%32%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+13.3%

FY2020
$1.06B
FY2025
$1.99B

5 years selected · on the chart

Free Cash Flow History

Year-over-year comparison from 10-K annual reports

  1. $1.99B
YoY changeLargest recent move+68.9%in FY22Latest +14.8%

1 older move runs past ±100% (largest +224.8%); point at, tap or drag across the bars to read one.

Free Cash Flow, period by period

PeriodValueChangeSource
FY2025$1.99B+14.8%10-K
FY2024$1.73B+12.6%10-K
FY2023$1.54B−1.0%10-K
FY2022$1.55B+68.9%10-K
FY2021$920.0M−13.5%10-K
FY2020$1.06B+27.3%10-K
FY2019$836.0M−8.8%10-K
FY2018$917.0M+19.9%10-K
FY2017$765.0M+19.2%10-K
FY2016$642.0M+8.1%10-K
FY2015$594.0M+20.7%10-K
FY2014$492.0M+7.2%10-K
FY2013$459.0M−9.5%10-K
FY2012$507.0M−12.7%10-K
FY2011$581.0M+46.0%10-K
FY2010$398.0M−23.9%10-K
FY2009$523.0M+224.8%10-K
FY2008$161.0M—10-K

What is NASDAQ, INC.'s current free cash flow?

NASDAQ, INC. (NDAQ) annual free cash flow for 2025 was $1.99B, a 14.84% increase from 2024. NASDAQ, INC. free cash flow for the quarter ending June 30, 2026 was $634.0M.

What was NASDAQ, INC.'s free cash flow in 2024?

NASDAQ, INC. annual free cash flow for 2024 was $1.73B, a 12.61% increase from 2023.

What was NASDAQ, INC.'s free cash flow in 2023?

NASDAQ, INC. annual free cash flow for 2023 was $1.54B, a 1.03% decline from 2022.

What is NASDAQ, INC.'s 5-year free cash flow CAGR?

NASDAQ, INC. free cash flow grew at a compound annual growth rate (CAGR) of 13.33% from FY2020 to FY2025, going from $1.06B to $1.99B over 5 years.

Company
NASDAQ, INC.
Ticker
NDAQ
Sector
Other
Industry
Security & Commodity Brokers, Dealers, Exchanges & Services