Nasdaq annual stock-based compensation
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Nasdaq Stock-Based Compensation Growth & History (NDAQ)
Nasdaq's stock-based compensation was $165.0M for fiscal 2025.
View full Nasdaq company overviewNasdaq annual stock-based compensation history
| Fiscal year | Period ended | Stock-based compensation | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $165.0M | $24.0M | +17.02% |
| 2024 | 2024-12-31 | $141.0M | $19.0M | +15.57% |
| 2023 | 2023-12-31 | $122.0M | $16.0M | +15.09% |
| 2022 | 2022-12-31 | $106.0M | $16.0M | +17.78% |
| 2021 | 2021-12-31 | $90.0M | $3.0M | +3.45% |
| 2020 | 2020-12-31 | $87.0M | $8.0M | +10.13% |
| 2019 | 2019-12-31 | $79.0M | $10.0M | +14.49% |
| 2018 | 2018-12-31 | $69.0M | −$1.0M | −1.43% |
| 2017 | 2017-12-31 | $70.0M | −$16.0M | −18.60% |
| 2016 | 2016-12-31 | $86.0M | $18.0M | +26.47% |
| 2015 | 2015-12-31 | $68.0M | $6.0M | +9.68% |
| 2014 | 2014-12-31 | $62.0M | $15.0M | +31.91% |
| 2013 | 2013-12-31 | $47.0M | $1.0M | +2.17% |
| 2012 | 2012-12-31 | $46.0M | $10.0M | +27.78% |
| 2011 | 2011-12-31 | $36.0M | $3.0M | +9.09% |
| 2010 | 2010-12-31 | $33.0M | −$2.0M | −5.71% |
| 2009 | 2009-12-31 | $35.0M | $9.0M | +34.62% |
| 2008 | 2008-12-31 | $26.0M | — | — |
Nasdaq quarterly stock-based compensation
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| Fiscal quarter | Period ended | Stock-based compensation | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $49.0M | $3.0M | +6.52% |
| Q1 2026 | 2026-03-31 | $38.0M | $3.0M | +8.57% |
| Q4 2025 | 2025-12-31 | $43.0M | $7.0M | +19.44% |
| Q3 2025 | 2025-09-30 | $41.0M | $5.0M | +13.89% |
| Q2 2025 | 2025-06-30 | $46.0M | $7.0M | +17.95% |
| Q1 2025 | 2025-03-31 | $35.0M | $5.0M | +16.67% |
| Q4 2024 | 2024-12-31 | $36.0M | $4.0M | +12.50% |
| Q3 2024 | 2024-09-30 | $36.0M | $6.0M | +20.00% |
| Q2 2024 | 2024-06-30 | $39.0M | $5.0M | +14.71% |
| Q1 2024 | 2024-03-31 | $30.0M | $4.0M | +15.38% |
| Q4 2023 | 2023-12-31 | $32.0M | $2.0M | +6.67% |
| Q3 2023 | 2023-09-30 | $30.0M | $3.0M | +11.11% |
| Q2 2023 | 2023-06-30 | $34.0M | $10.0M | +41.67% |
| Q1 2023 | 2023-03-31 | $26.0M | $1.0M | +4.00% |
| Q4 2022 | 2022-12-31 | $30.0M | $6.0M | +25.00% |
| Q3 2022 | 2022-09-30 | $27.0M | $4.0M | +17.39% |
| Q2 2022 | 2022-06-30 | $24.0M | $0 | 0.00% |
| Q1 2022 | 2022-03-31 | $25.0M | $6.0M | +31.58% |
| Q4 2021 | 2021-12-31 | $24.0M | $1.0M | +4.35% |
| Q3 2021 | 2021-09-30 | $23.0M | −$1.0M | −4.17% |
| Q2 2021 | 2021-06-30 | $24.0M | $1.0M | +4.35% |
| Q1 2021 | 2021-03-31 | $19.0M | $2.0M | +11.76% |
| Q4 2020 | 2020-12-31 | $23.0M | — | — |
| Q3 2020 | 2020-09-30 | $24.0M | $3.0M | +14.29% |
| Q2 2020 | 2020-06-30 | $23.0M | $3.0M | +15.00% |
| Q1 2020 | 2020-03-31 | $17.0M | $1.0M | +6.25% |
| Q3 2019 | 2019-09-30 | $21.0M | $3.0M | +16.67% |
| Q2 2019 · Jun 30 | 2019-06-30 | $20.0M | $2.0M | +11.11% |
| Q1 2019 · Mar 31 | 2019-03-31 | $16.0M | $1.0M | +6.67% |
| Q3 2018 | 2018-09-30 | $18.0M | $0 | 0.00% |
| Q2 2018 · Jun 30 | 2018-06-30 | $18.0M | −$1.0M | −5.26% |
| Q1 2018 · Mar 31 | 2018-03-31 | $15.0M | $0 | 0.00% |
| Q4 2017 | 2017-12-31 | $18.0M | −$13.0M | −41.94% |
| Q3 2017 | 2017-09-30 | $18.0M | −$2.0M | −10.00% |
| Q2 2017 | 2017-06-30 | $19.0M | $0 | 0.00% |
| Q1 2017 | 2017-03-31 | $15.0M | −$1.0M | −6.25% |
| Q4 2016 | 2016-12-31 | $31.0M | $12.0M | +63.16% |
| Q3 2016 | 2016-09-30 | $20.0M | $3.0M | +17.65% |
| Q2 2016 | 2016-06-30 | $19.0M | $1.0M | +5.56% |
| Q1 2016 | 2016-03-31 | $16.0M | $2.0M | +14.29% |
| Q4 2015 | 2015-12-31 | $19.0M | $2.0M | +11.76% |
| Q3 2015 | 2015-09-30 | $17.0M | $2.0M | +13.33% |
| Q2 2015 | 2015-06-30 | $18.0M | $2.0M | +12.50% |
| Q1 2015 | 2015-03-31 | $14.0M | $0 | 0.00% |
| Q4 2014 | 2014-12-31 | $17.0M | $2.0M | +13.33% |
| Q3 2014 | 2014-09-30 | $15.0M | $1.0M | +7.14% |
| Q2 2014 | 2014-06-30 | $16.0M | $7.0M | +77.78% |
| Q1 2014 | 2014-03-31 | $14.0M | $5.0M | +55.56% |
| Q4 2013 | 2013-12-31 | $15.0M | $3.0M | +25.00% |
| Q3 2013 | 2013-09-30 | $14.0M | $2.0M | +16.67% |
| Q2 2013 | 2013-06-30 | $9.0M | −$3.0M | −25.00% |
| Q1 2013 | 2013-03-31 | $9.0M | −$1.0M | −10.00% |
| Q4 2012 | 2012-12-31 | $12.0M | $2.0M | +20.00% |
| Q3 2012 | 2012-09-30 | $12.0M | $3.0M | +33.33% |
| Q2 2012 | 2012-06-30 | $12.0M | $2.0M | +20.00% |
| Q1 2012 | 2012-03-31 | $10.0M | $3.0M | +42.86% |
| Q4 2011 | 2011-12-31 | $10.0M | $2.0M | +25.00% |
| Q3 2011 | 2011-09-30 | $9.0M | $1.0M | +12.50% |
| Q2 2011 | 2011-06-30 | $10.0M | $1.0M | +11.11% |
| Q1 2011 | 2011-03-31 | $7.0M | −$1.0M | −12.50% |
| Q4 2010 | 2010-12-31 | $8.0M | — | — |
| Q3 2010 | 2010-09-30 | $8.0M | $0 | 0.00% |
| Q2 2010 | 2010-06-30 | $9.0M | — | — |
| Q1 2010 | 2010-03-31 | $8.0M | — | — |
| Q3 2009 | 2009-09-30 | $8.0M | — | — |
Nasdaq stock-based compensation trends
Over the last five fiscal years, Nasdaq's stock-based compensation increased from $87.0M to $165.0M, a change of $78.0M. The latest reported quarter, Q2 2026, shows $49.0M.
About the metric
What stock-based compensation means
Stock-based compensation is the expense associated with equity awards such as restricted stock and employee options. It is a non-cash expense when recognized, but it can dilute existing shareholders unless offset by share repurchases.
Calculation and source
SEC-reported stock-based compensation
TickerStat standardizes share-based compensation reported in company SEC filings. The history shows recognized compensation expense or its cash-flow-statement adjustment, not the grant-date value of new awards or a forecast of future dilution. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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