Business Segments · D&A
Market Services — D&A
Nasdaq, Inc. Market Services — D&A remained flat by 0.0% to $12.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $11.00M to $12.00M. Over 4 years (FY 2021 to FY 2025), Market Services — D&A shows a downward trend with a -11.4% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toD&A
How to read this metric
High levels relative to revenue suggest a capital-intensive business model, while trends help track the lifecycle of technology investments.
Detailed definition
This non-cash expense reflects the systematic allocation of the cost of tangible and intangible assets used by the marke...
Peer comparison
Standard accounting metric for capital-intensive businesses, particularly those with significant software and hardware infrastructure.
Metric ID:
ndaq_segment_market_services_depreciation_and_amortizationHistorical Data
20 periods
| 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 | $18.25M | $18.25M | $18.25M | $8.00M | $8.00M | $8.00M | $8.00M | $8.50M | $8.50M | $8.50M | $8.50M | $10.00M | $10.00M | $10.00M | $9.00M | $11.00M | $11.00M | $11.00M | $12.00M | $12.00M |
| QoQ Change | — | +0.0% | +0.0% | -56.2% | +0.0% | +0.0% | +0.0% | +6.3% | +0.0% | +0.0% | +0.0% | +17.6% | +0.0% | +0.0% | -10.0% | +22.2% | +0.0% | +0.0% | +9.1% | +0.0% |
| YoY Change | — | — | — | — | -56.2% | -56.2% | -56.2% | +6.3% | +6.3% | +6.3% | +6.3% | +17.6% | +17.6% | +17.6% | +5.9% | +10.0% | +10.0% | +10.0% | +33.3% | +9.1% |
Range$8.00M – $18.25M
CAGR-8.4%
Avg YoY Growth-0.8%
Median YoY Growth+7.7%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Nasdaq, Inc.'s market services — d&a?
- Nasdaq, Inc. (NDAQ) reported market services — d&a of $12.00M in Q1 2026.
- How has Nasdaq, Inc.'s market services — d&a changed year-over-year?
- Nasdaq, Inc.'s market services — d&a increased by 9.1% year-over-year, from $11.00M to $12.00M.
- What is the long-term trend for Nasdaq, Inc.'s market services — d&a?
- Over 4 years (2021 to 2025), Nasdaq, Inc.'s market services — d&a has grown at a -11.4% compound annual growth rate (CAGR), from $73.00M to $45.00M.
- What does market services — d&a mean?
- The non-cash cost representing the wear and tear or expiration of assets used by the market services segment.