Nasdaq Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	515	604	592	453	502	393
Short-Term Investments	184	28	184	188	181	208
Cash & Short-Term Investments	699	632	776	641	683	601
Cash Growth	-21.55%	-18.56%	21.06%	-6.15%	13.64%	-79.56%
Accounts Receivable	985	943	1,022	929	677	588
Other Current Assets	2,690	6,428	5,988	7,526	7,244	6,234
Total Current Assets	4,374	8,003	7,786	9,096	8,604	7,423
Net Property, Plant & Equipment	1,224	1,175	968	978	976	875
Other Intangible Assets	6,376	6,511	6,905	7,443	2,581	2,813
Goodwill	14,307	14,371	13,957	14,112	8,099	8,433
Other Long-Term Assets	1,020	993	779	665	608	571
Total Assets	27,301	31,053	30,395	32,294	20,868	20,115
Accounts Payable	245	280	269	332	185	185
Accrued Expenses	209	364	325	303	243	252
Short-Term Debt	431	431	399	291	664	1,018
Unearned Revenue	1,093	785	711	594	357	329
Other Current Liabilities	2,413	6,101	6,198	7,505	7,386	6,088
Total Current Liabilities	4,391	7,961	7,902	9,025	8,835	7,872
Long-Term Debt	8,526	8,573	9,081	10,163	4,735	4,812
Long-Term Leases	488	462	388	417	452	386
Other Long-Term Liabilities	1,858	1,825	1,824	1,862	682	640
Total Long-Term Liabilities	10,872	10,860	11,293	12,442	5,869	5,838
Total Liabilities	15,263	18,821	19,195	21,467	14,704	13,710
Common Stock	6	6	6	6	5	5
Treasury Stock	-747	-716	-647	-587	-515	-437
Additional Paid-in Capital	4,627	5,122	5,530	5,496	1,445	1,949
Accumulated Other Comprehensive Income	-1,807	-1,773	-2,099	7,825	-1,991	-1,587
Retained Earnings	9,954	9,588	8,401	-1,924	7,207	6,465
Total Common Shareholders' Equity	12,033	12,227	11,191	10,816	6,151	6,395
Minority Interest	5	5	9	11	13	10
Shareholders' Equity	12,038	12,232	11,200	10,827	6,164	6,405
Total Liabilities & Equity	27,301	31,053	30,395	32,294	20,868	20,115
Total Debt	9,445	9,466	9,868	10,871	5,851	6,216
Net Cash (Debt)	-8,746	-8,834	-9,092	-10,230	-5,168	-5,615
Net Cash Per Share	-15.17	-15.27	-15.70	-20.12	-10.38	-11.12
Book Value	12,033	12,227	11,191	10,816	6,151	6,395
Book Value Per Share	20.87	21.13	19.32	21.27	12.35	12.66
Tangible Book Value	-8,650	-8,655	-9,671	-10,739	-4,529	-4,851
Tangible Book Value Per Share	-15.00	-14.96	-16.70	-21.12	-9.10	-9.60

SEC Filings: 10-K · 10-Q