Nasdaq, Inc. (NDAQ) quarterly cash flow statement — complete operating, investing & financing history
Nasdaq, Inc. (NDAQ) cash flow statement — 26-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 711M | 689M | 625M | 221M | 746M | 663M | 705M | 244M | 460M | 530M | 417M | 300M | 414M | 565M | 494M | 232M | 375M | 605M | 384M | 232M |
| Operating CF Growth % | -4.69% | 3.92% | -11.35% | -9.43% | 62.17% | 25.09% | 69.06% | -18.67% | 11.11% | -6.19% | -15.59% | 29.31% | 10.4% | -6.61% | 28.65% | 0% | 413.7% | 53.55% | -11.72% | 5900% |
| Net Income | 507M | 519M | 518M | 423M | 451M | 395M | 355M | 305M | 222M | 234M | 197M | 294M | 266M | 301M | 240M | 294M | 306M | 283M | 259M | 289M |
| Depreciation & Amortization | 166M | 165M | 161M | 158M | 157M | 156M | 153M | 152M | 153M | 155M | 125M | 64M | 65M | 69M | 63M | 63M | 65M | 67M | 81M | 66M |
| Deferred Taxes | 0 | 12M | 18M | 18M | 6M | 6M | -5M | -22M | -38M | -2M | 24M | 14M | 18M | 12M | 21M | -18M | 18M | 17M | 38M | 39M |
| Other Non-Cash Items | 237M | 4M | -31M | -164M | -60M | -38M | -6M | 59M | 14M | 23M | 6M | 12M | 54M | 14M | 13M | -4M | 3M | 2M | -3M | 26M |
| Working Capital Changes | -248M | -49M | -84M | -255M | 146M | 109M | 172M | -286M | 70M | 90M | 33M | -114M | -23M | 143M | 127M | -129M | -41M | 211M | -15M | -211M |
| Cash from Investing | -446M | 747M | -638M | -145M | -59M | -258M | -1.01B | 73M | 214M | -232M | -5.84B | 134M | -159M | -133M | 74M | 219M | 146M | -390M | -213M | -5M |
| Purchase of Investments | -333M | -166M | -9M | -34M | -95M | -105M | -54M | -38M | -74M | -40M | -182M | -119M | -213M | -198M | -59M | -62M | -99M | -102M | -47M | -62M |
| Sale/Maturity of Investments | 314M | 8M | 35M | 67M | 220M | 105M | 58M | 22M | 75M | 44M | 292M | 131M | 112M | 184M | 15M | 83M | 146M | 76M | 19M | 106M |
| Net Investment Activity | -19M | -158M | 26M | 33M | 125M | 0 | 4M | -16M | 1M | 4M | 110M | 12M | -101M | -14M | -44M | 21M | 47M | -26M | -28M | 44M |
| Acquisitions | 0 | 0 | 88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.77B | 0 | 0 | 0 | 0 | 0 | -41M | 0 | -190M | 0 |
| Other Investing | -350M | 965M | -663M | -109M | -125M | -209M | -952M | 145M | 265M | -197M | -138M | 159M | -19M | -79M | 152M | 239M | 182M | -329M | 55M | -17M |
| Cash from Financing | -583M | -4.18B | -567M | 159M | -1.46B | -1.08B | -24M | -204M | -458M | -1.88B | 1.2B | -1.4B | 5.03B | -613M | -3.24B | 1.57B | 2.33B | 368M | 2.12B | -321M |
| Dividends Paid | -174M | -153M | -153M | -155M | -155M | -138M | -138M | -138M | -138M | -127M | -127M | -108M | -108M | -98M | -98M | -99M | -97M | -89M | -90M | -91M |
| Share Repurchases | -355M | -548M | -286M | -115M | -100M | -115M | -21M | -87M | -58M | -24M | -110M | -2M | -28M | -159M | 0 | -2M | -166M | -467M | -58M | -475M |
| Stock Issued | 32M | 15M | -97M | 0 | -6M | -25M | 0 | 54M | 0 | 0 | 0 | 0 | 0 | 0 | 23M | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -323M | -533M | -383M | -115M | -106M | -140M | -21M | -33M | -58M | -24M | -110M | -2M | -28M | -159M | 23M | -2M | -166M | -467M | -58M | -475M |
| Debt Issuance (Net) | -1000K | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K |
| Other Financing | 76M | -3.5B | 69M | 946M | -801M | -548M | 316M | 17M | -58M | -1.32B | 812M | -1.14B | 356M | -39M | -3.02B | 1.89B | 2.71B | 855M | 2.32B | -34M |
| Net Change in Cash | -336M | -2.8B | -507M | 240M | -530M | -275M | -789M | 318M | 247M | -1.89B | -3.72B | -1.03B | 5.03B | -152M | -2.24B | 981M | 2.34B | 419M | 90M | -98M |
| Exchange Rate Effect | -18M | -50M | 73M | 5M | 245M | 403M | -462M | 205M | 31M | -311M | 502M | -70M | -259M | 29M | 431M | -1.04B | -518M | -164M | -2.2B | -4M |
| Cash at Beginning | 1.14B | 3.93B | 4.44B | 4.2B | 4.73B | 5.01B | 5.79B | 5.48B | 5.23B | 7.12B | 10.83B | 11.87B | 6.84B | 6.99B | 9.23B | 8.25B | 5.92B | 5.5B | 332M | 430M |
| Cash at End | 800M | 1.14B | 3.93B | 4.44B | 4.2B | 4.73B | 5.01B | 5.79B | 5.48B | 5.23B | 7.12B | 10.83B | 11.87B | 6.84B | 6.99B | 9.23B | 8.25B | 5.92B | 422M | 332M |
| Interest Paid | 68M | 126M | 71M | 74M | 84M | 125M | 90M | 89M | 81M | 145M | 88M | 22M | 30M | 37M | 33M | 23M | 37M | 23M | 39M | 9M |
| Income Taxes Paid | 117M | 167M | 153M | 44M | 131M | 45M | 122M | 134M | 79M | 23M | 56M | 62M | 118M | 18M | 70M | 71M | 104M | 29M | 76M | 32M |
| Free Cash Flow | 634M | 629M | 536M | 152M | 687M | 614M | 645M | 188M | 408M | 491M | 375M | 263M | 375M | 525M | 460M | 191M | 333M | 570M | 334M | 200M |
| FCF Growth % | -7.71% | 2.44% | -16.9% | -19.15% | 68.38% | 25.05% | 72% | -28.52% | 8.8% | -6.48% | -18.48% | 37.7% | 12.61% | -7.89% | 37.72% | -4.5% | 879.41% | 61.93% | -10.93% | 412.5% |