Nasdaq, Inc.
Close on Nov 2, 2026Market cap $60.72BP/E 31.7Yield 0.97%
Nasdaq Deferred Revenue / Contract Liabilities by Year
Deferred Revenue / Contract Liabilities ($M)
Nasdaq Deferred Revenue / Contract Liabilities: $873M in FY2025, up 10.8% from a year earlier.
Where the FY2025 figure comes from
Source: Form 10-Q (period 2026-09-30, filed 2026-10-22) ↗
Initial listing fees, annual renewal fees, and software fees billed or collected in advance pending recognition (Deferred Revenue footnote in 10-K/10-Q).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Deferred Revenue / Contract Liabilities ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 873 | +10.8% | Form 10-Q (period 2026-09-30, filed 2026-10-22) ↗ |
| FY2024 | Dec 31, 2024 | 788 | +16.7% | Form 10-K (period 2025-12-31, filed 2026-02-12) ↗ |
| FY2023 | Dec 31, 2023 | 675 | +50.7% | Form 10-K (period 2024-12-31, filed 2025-02-21) ↗ |
| FY2022 | Dec 31, 2022 | 448 | 0.0% | Form 10-K (period 2023-12-31, filed 2024-02-21) ↗ |
| FY2021 | Dec 31, 2021 | 448 | +46.4% | Form 10-K (period 2022-12-31, filed 2023-02-23) ↗ |
| FY2020 | Dec 31, 2020 | 306 | +11.7% | Form 10-K (period 2021-12-31, filed 2022-02-23) ↗ |
| FY2019 | Dec 31, 2019 | 274 | – | Form 10-K (period 2020-12-31, filed 2021-02-23) ↗ |
Breakdown
What makes up deferred Revenue / Contract Liabilities
- Current Deferred Revenue785 · FY2025
- Deferred Revenue — Workflow & Insights199 · FY2025
- Deferred Revenue — Financial Crime Management189 · FY2025
- Deferred Revenue — Regulatory Technology166 · FY2025
- Deferred Revenue — Capital Markets Technology196 · FY2025
- Deferred Revenue — Initial Listings96 · FY2025
- Deferred Revenue — Annual Renewal3 · FY2025
- Deferred Revenue — Khác24 · FY2025
- Deferred Revenue Recognition Schedule — Fiscal Year +1785 · FY2025
- Deferred Revenue Recognition Schedule — Fiscal Year +249 · FY2025
- Deferred Revenue Recognition Schedule — Fiscal Year +321 · FY2025
- Deferred Revenue Recognition Schedule — Fiscal Year +410 · FY2025
Cite this data
StockData. (2026). Nasdaq Deferred Revenue / Contract Liabilities ($M), annual FY2019–FY2025 [Data set]. Compiled from Nasdaq SEC filings and investor materials. https://stockdatahq.com/stocks/ndaq/kpis/def-rev-total
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