Investing

CapEx

Nasdaq, Inc. CapEx decreased by 32.6% to $60.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.4%, from $49.00M to $60.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 13.0% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$39.00M$32.00M$50.00M$35.00M$42.00M$41.00M$34.00M$40.00M$39.00M$37.00M$42.00M$39.00M$52.00M$56.00M$60.00M$49.00M$59.00M$69.00M$89.00M$60.00M
QoQ Change-17.9%+56.3%-30.0%+20.0%-2.4%-17.1%+17.6%-2.5%-5.1%+13.5%-7.1%+33.3%+7.7%+7.1%-18.3%+20.4%+16.9%+29.0%-32.6%
YoY Change+7.7%+28.1%-32.0%+14.3%-7.1%-9.8%+23.5%-2.5%+33.3%+51.4%+42.9%+25.6%+13.5%+23.2%+48.3%+22.4%
Range$32.00M$89.00M
CAGR+9.5%
Avg YoY Growth+17.7%
Median YoY Growth+22.8%

Frequently Asked Questions

What is Nasdaq, Inc.'s capex?
Nasdaq, Inc. (NDAQ) reported capex of $60.00M in Q1 2026.
How has Nasdaq, Inc.'s capex changed year-over-year?
Nasdaq, Inc.'s capex increased by 22.4% year-over-year, from $49.00M to $60.00M.
What is the long-term trend for Nasdaq, Inc.'s capex?
Over 4 years (2021 to 2025), Nasdaq, Inc.'s capex has grown at a 13.0% compound annual growth rate (CAGR), from $163.00M to $266.00M.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.