Filing Flows › Nasdaq (NDAQ) › Free cash flow
Nasdaq (NDAQ) free cash flow by quarter
Nasdaq's free cash flow was $459M in Q3 2026 (third quarter 2026), -28% from Q2 2026. Over the last 7 quarters it ranged from $152M (Q3 2025) to $687M (Q2 2025).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $459M | -28% | +202% |
| Q2 2026 | $634M | +0.8% | -8% |
| Q1 2026 | $629M | +17% | +2% |
| Q4 2025 | $536M | +253% | — |
| Q3 2025 | $152M | -78% | — |
| Q2 2025 | $687M | +12% | — |
| Q1 2025 | $614M | — | — |
Q3 2026 at a glance
Nasdaq, Q3 2026: revenue $2.4B (+21% year over year), operating margin 30.6%, net earnings $539M, operating cash flow $521M. The chart follows the revenue to costs, profit and cash.
Questions
What is Nasdaq's free cash flow?
Nasdaq's free cash flow was $459M in Q3 2026 (third quarter 2026), -28% from Q2 2026.
How has Nasdaq's free cash flow changed?
Over the last 7 quarters it ranged from $152M (Q3 2025) to $687M (Q2 2025).