Nasdaq Balance Sheet
NASDAQ: NDAQFinanceInvestment Bankers/Brokers/ServiceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nasdaq financial position
At the end of fiscal 2025, Nasdaq reported total assets of $31.05 billion, up 2.2% from a year earlier against total liabilities of $18.82 billion. Shareholders' equity stood at $12.23 billion, or 39.4% of assets. The company held $604.0 million in cash and equivalents against $9.00 billion of debt, a net debt position of $8.40 billion.
The current ratio (current assets divided by current liabilities) was 1.01, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.74.
Summary generated from market data by MetaCap's automated system. Methodology
Nasdaq balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 604.00M | 592.00M | 453.00M | 502.00M | 393.00M | 2.75B | 332.00M | 545.00M | 377.00M | 403.00M |
| Short-Term Investments | — | — | — | — | — | — | 291.00M | 268.00M | 235.00M | 245.00M |
| Receivables | 943.00M | 1.02B | 929.00M | 677.00M | 588.00M | 566.00M | 422.00M | 384.00M | 356.00M | 429.00M |
| Total Current Assets | 8.00B | 7.79B | 9.10B | 8.60B | 7.42B | 7.66B | 4.29B | 6.37B | 5.51B | 4.56B |
| Property, Plant & Equipment | 728.00M | 593.00M | 576.00M | 532.00M | 509.00M | 475.00M | 384.00M | 376.00M | 400.00M | 362.00M |
| Goodwill | 14.37B | 13.96B | 14.11B | 8.10B | 8.43B | 6.85B | 6.37B | 6.36B | 6.59B | 6.03B |
| Intangible Assets | 6.51B | 6.91B | 7.44B | 2.58B | 2.81B | 2.25B | 2.25B | 2.30B | 2.47B | 2.09B |
| Total Assets | 31.05B | 30.39B | 32.29B | 20.87B | 20.11B | 17.98B | 13.92B | 15.70B | 15.35B | 13.41B |
| Accounts Payable | 280.00M | 269.00M | 332.00M | 185.00M | 185.00M | 175.00M | 148.00M | 198.00M | 177.00M | 175.00M |
| Short-Term Debt | 431.00M | 399.00M | 291.00M | 664.00M | 1.02B | 0 | 391.00M | 875.00M | 480.00M | 0 |
| Total Current Liabilities | 7.96B | 7.90B | 9.03B | 8.84B | 7.87B | 4.92B | 4.23B | 6.57B | 5.23B | 4.08B |
| Long-Term Debt | 8.57B | 9.08B | 10.16B | 4.74B | 4.81B | 5.54B | 3.00B | 2.96B | 3.73B | 3.60B |
| Total Liabilities | 18.82B | 19.20B | 21.47B | 14.70B | 13.71B | 11.54B | 8.29B | 10.25B | 9.47B | 8.72B |
| Shareholders' Equity | 12.23B | 11.19B | 10.82B | 6.15B | 6.39B | 6.43B | 5.64B | 5.45B | 5.88B | 5.43B |
| Retained Earnings | 9.59B | 8.40B | 7.83B | 7.21B | 6.46B | 5.63B | 5.03B | 4.56B | 3.96B | 3.48B |
| Total Debt | 9.00B | 9.48B | 10.45B | 5.40B | 5.83B | 5.54B | 3.39B | 3.83B | 4.21B | 3.60B |
| Net Cash (Debt) | -8.40B | -8.89B | -10.00B | -4.90B | -5.44B | -2.80B | -2.76B | -3.02B | -3.60B | -2.96B |
| Shares Outstanding | 569.89M | 575.06M | 575.00M | 492.00M | 500.00M | 164.93M | 165.09M | 165.17M | 167.44M | 166.58M |
This table shows 10 annual periods of Nasdaq's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow NDAQ's reporting calendar. What is a balance sheet?