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Market Cap for Nasdaq (NDAQ)

According to Nasdaq's latest reported financial statements, the company's latest reported market cap is $48.53B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Nasdaq, Inc. logo
Nasdaq

NDAQ

Latest period

$48.53B

YoY change

-6.8%

5Y CAGR

+8.1%

Peak year (2025)

$56.00B

Latest annual

$52.18B

Market Cap history chart for Nasdaq (NDAQ) from 2002 to 2026

Market Cap history table for Nasdaq (NDAQ) from 2002 to 2026

Fiscal yearPeriod endedReportedMarket CapYoY
2026$52.18B-6.8%
2025$56.00B+25.1%
2024$44.78B+51.5%
2023$29.56B-3.2%
2022$30.54B-13.6%
2021$35.36B+59.6%
2020$22.16B+23.9%
2019$17.88B+30.7%
2018$13.68B+5.0%
2017$13.03B+15.0%
2016$11.33B+13.7%
2015$9.96B+20.1%
2014$8.30B+21.7%
2013$6.82B+58.1%
2012$4.31B-2.2%
2011$4.41B-10.2%
2010$4.91B+15.2%
2009$4.26B-15.7%
2008$5.06B-31.8%
2007$7.42B+88.7%
2006$3.93B+15.5%
2005$3.40B+265.2%
2004$931.26M+25.6%
2003$741.18M-11.0%
2002$833.24M

Market Cap values are taken from Nasdaq's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2026 fiscal year, Nasdaq (NDAQ) reported market cap of $52.18B – declined 6.8% year-over-year.

Nasdaq market cap has recorded the values shown across consecutive periods, with a +8.1% compound annual growth rate over 2021–2026 (5 years).

Between 2025 and 2026, Nasdaq market cap declined 6.8%, falling from $56.00B to $52.18B.

The dataset's maximum market cap sits at $56.00B (2025); the minimum reading of $741.18M dates to 2003.

Nasdaq (NDAQ) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $413.64B.

Nasdaq Market Cap by Year

Nasdaq Market Cap 2026: $52.18B

Nasdaq market cap in 2026 was $52.18B, declined 6.8% below 2025.

Nasdaq Market Cap 2025: $56.00B

Nasdaq market cap in 2025 was $56.00B, grew 25.1% from 2024. This figure represents the highest annual value in the available history.

Nasdaq Market Cap 2024: $44.78B

Nasdaq market cap in 2024 was $44.78B, surged 51.5% from 2023.

Nasdaq Market Cap 2023: $29.56B

Nasdaq market cap in 2023 was $29.56B, edged down 3.2% below 2022.

Nasdaq Market Cap 2022: $30.54B

Nasdaq market cap in 2022 was $30.54B.

See more financial history for Nasdaq (NDAQ).

Sector peers — Market Cap

Companies in the same sector as Nasdaq, ranked by their latest market cap.

CompanyMarket CapSector
Berkshire Hathaway Inc. (BRK-B)$1.03TFinancial Services
JPMorgan Chase & Co. (JPM)$839.99BFinancial Services
Visa Inc. (V)$596.34BFinancial Services
Mastercard Incorporated (MA)$449.35BFinancial Services
Bank of America Corporation (BAC)$377.92BFinancial Services
Morgan Stanley (MS)$302.29BFinancial Services
The Goldman Sachs Group, Inc. (GS)$274.96BFinancial Services
Wells Fargo & Company (WFC)$249.74BFinancial Services

Frequently asked questions

What is Nasdaq's market cap?

Latest reported market cap for Nasdaq (NDAQ) is $48.53B (period ending March 31, 2026).

How has Nasdaq market cap changed year-over-year?

Nasdaq (NDAQ) market cap changed -6.8% year-over-year on the latest annual filing.

What is the long-term growth rate of Nasdaq market cap?

Nasdaq (NDAQ) market cap compound annual growth rate is +8.1% over the most recent 5 years available.

When did Nasdaq market cap hit its highest annual value?

Nasdaq market cap reached its highest annual value of $56.00B in 2025.

What was Nasdaq market cap in 2025?

Nasdaq (NDAQ) market cap in 2025 was $56.00B.

What was Nasdaq market cap in 2026?

Nasdaq (NDAQ) market cap in 2026 was $52.18B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.