Nasdaq, Inc. Capital Markets Technology — Contract with Customer, Liability decreased by 8.7% to $179.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.5%, from $162.00M to $179.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests strong future bookings and committed revenue, while a decrease may indicate lower future service delivery or faster revenue recognition.
Represents the deferred revenue or contract liability balance specifically associated with the Capital Markets Technolog...
Commonly reported by SaaS and financial technology firms as deferred revenue or contract liabilities.
ndaq_segment_capital_markets_technology_contract_with_customer_liability| Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.00M | $183.00M | $161.00M | $132.00M | $108.00M | $185.00M | $162.00M | $141.00M | $111.00M | $196.00M | $179.00M |
| QoQ Change | — | +531.0% | -12.0% | -18.0% | -18.2% | +71.3% | -12.4% | -13.0% | -21.3% | +76.6% | -8.7% |
| YoY Change | — | +531.0% | — | — | — | +1.1% | +0.6% | +6.8% | +2.8% | +5.9% | +10.5% |