Discontinued — last reported Q4 '22
Nasdaq, Inc. Initial Listing — Contract with Customer, Liability decreased by 6.5% to $116.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 20.0%, from $145.00M to $116.00M.
An increase suggests strong new company acquisition, while a decrease may indicate a slowdown in new listings or faster revenue recognition.
This represents the deferred revenue balance associated with initial listing fees paid by companies to join the exchange...
Similar to deferred revenue or contract liabilities found in other subscription-based or service-oriented business models.
ndaq_segment_initial_listing_contract_with_customer_liability| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $125.00M | $136.00M | $145.00M | $141.00M | $133.00M | $124.00M | $116.00M |
| QoQ Change | — | +8.8% | +6.6% | -2.8% | -5.7% | -6.8% | -6.5% |
| YoY Change | — | — | — | — | +6.4% | -8.8% | -20.0% |