Deferred Revenue
Nasdaq, Inc. Deferred Revenue increased by 39.2% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $981.00M to $1.09B. Over 5 years (FY 2020 to FY 2025), Deferred Revenue shows an upward trend with a 27.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $451.00M | $380.00M | $329.00M | $619.00M | $512.00M | $415.00M | $357.00M | $664.00M | $558.00M | $451.00M | $594.00M | $866.00M | $736.00M | $663.00M | $711.00M | $981.00M | $848.00M | $719.00M | $785.00M | $1.09B |
| QoQ Change | — | -15.7% | -13.4% | +88.1% | -17.3% | -18.9% | -14.0% | +86.0% | -16.0% | -19.2% | +31.7% | +45.8% | -15.0% | -9.9% | +7.2% | +38.0% | -13.6% | -15.2% | +9.2% | +39.2% |
| YoY Change | — | — | — | — | +13.5% | +9.2% | +8.5% | +7.3% | +9.0% | +8.7% | +66.4% | +30.4% | +31.9% | +47.0% | +19.7% | +13.3% | +15.2% | +8.4% | +10.4% | +11.4% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Nasdaq, Inc.'s deferred revenue?
- Nasdaq, Inc. (NDAQ) reported deferred revenue of $1.09B in Q1 2026.
- How has Nasdaq, Inc.'s deferred revenue changed year-over-year?
- Nasdaq, Inc.'s deferred revenue increased by 11.4% year-over-year, from $981.00M to $1.09B.
- What is the long-term trend for Nasdaq, Inc.'s deferred revenue?
- Over 5 years (2020 to 2025), Nasdaq, Inc.'s deferred revenue has grown at a 27.3% compound annual growth rate (CAGR), from $235.00M to $785.00M.
- What does deferred revenue mean?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.