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Nasdaq (NDAQ) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Nasdaq (NDAQ) over the last 17 years, with Q3 2025 value amounting to $643.0 million.

  • Nasdaq's Cost of Revenue fell 1494.71% to $643.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $3.1 billion, marking a year-over-year increase of 2451.53%. This contributed to the annual value of $2.8 billion for FY2024, which is 2683.26% up from last year.
  • As of Q3 2025, Nasdaq's Cost of Revenue stood at $643.0 million, which was down 1494.71% from $784.0 million recorded in Q2 2025.
  • Over the past 5 years, Nasdaq's Cost of Revenue peaked at $853.0 million during Q1 2025, and registered a low of $508.0 million during Q2 2023.
  • Over the past 5 years, Nasdaq's median Cost of Revenue value was $643.0 million (recorded in 2022), while the average stood at $647.7 million.
  • Its Cost of Revenue has fluctuated over the past 5 years, first tumbled by 2564.47% in 2021, then soared by 5314.18% in 2025.
  • Over the past 5 years, Nasdaq's Cost of Revenue (Quarter) stood at $581.0 million in 2021, then grew by 16.18% to $675.0 million in 2022, then dropped by 21.48% to $530.0 million in 2023, then skyrocketed by 51.51% to $803.0 million in 2024, then fell by 19.93% to $643.0 million in 2025.
  • Its last three reported values are $643.0 million in Q3 2025, $784.0 million for Q2 2025, and $853.0 million during Q1 2025.