Discontinued — last reported Q4 '22

Products & Services · Contract with Customer, Liability

Initial Listing — Contract with Customer, Liability

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.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2022

How to read this metric

An increase suggests strong new company acquisition, while a decrease may indicate a slowdown in new listings or faster revenue recognition.

Detailed definition

This represents the deferred revenue balance associated with initial listing fees paid by companies to join the exchange...

Peer comparison

Similar to deferred revenue or contract liabilities found in other subscription-based or service-oriented business models.

Metric ID: ndaq_segment_initial_listing_contract_with_customer_liability

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '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%
Range$116.00M$145.00M
CAGR-4.9%
Avg YoY Growth-7.5%
Median YoY Growth-8.8%
Current Streak4 quarters decline

Frequently Asked Questions

What is Nasdaq, Inc.'s initial listing — contract with customer, liability?
Nasdaq, Inc. (NDAQ) reported initial listing — contract with customer, liability of $116.00M in Q4 2022.
How has Nasdaq, Inc.'s initial listing — contract with customer, liability changed year-over-year?
Nasdaq, Inc.'s initial listing — contract with customer, liability decreased by 20.0% year-over-year, from $145.00M to $116.00M.
What does initial listing — contract with customer, liability mean?
The total amount of initial listing fees received from companies that have not yet been recognized as revenue.