Nasdaq (NDAQ) EBIT Margin (2009 - 2026)

Nasdaq (NDAQ) posted EBIT Margin of 28.12% for Q2 2026, down 8.53% sequentially from 30.74% in Q1 2026, and up 109.0% YoY from 13.45% in Q2 2025.

Nasdaq (NDAQ) EBIT Margin (2009 - 2026) Analysis & Trends

Nasdaq has reported EBIT Margin for 18 years, with the latest figure at 28.12% in Q2 2026.

Quarterly EBIT Margin rose 109.0% year-over-year to 28.12% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 29.53% (up 394.0% YoY) and the FY2025 annual result came in at 28.21%, up 392.0% from the prior year.
EBIT Margin slipped to 28.12% in Q2 2026 per NDAQ's latest filing, from 30.74% in the prior quarter.
Over five years, EBIT Margin peaked at 36.91% in Q4 2023 and troughed at 22.06% in Q4 2022.
A 5-year average of 27.19% and a median of 26.6% in 2022 frame the typical range for EBIT Margin.
The sharpest annual moves came in 2023 and 2024: EBIT Margin soared 1485 bps in 2023, then slumped 1144 bps in 2024.
Over 5 years, EBIT Margin stood at 22.06% in 2022, then jumped by 67 bps to 36.91% in 2023, then tumbled by 31 bps to 25.47% in 2024, then advanced by 16 bps to 29.61% in 2025, then retreated by 5 bps to 28.12% in 2026.
According to Business Quant data, EBIT Margin over the past three periods registered 28.12%, 30.74%, and 29.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	EBIT Margin (Qtr)
1	S&P Global	127.61 Bn	123.47 Bn	2.98 Bn	43.70%
2	Cme	97.52 Bn	97.52 Bn	1.65 Bn	64.89%
3	Intercontinental Exchange	89.57 Bn	87.62 Bn	-	38.52%
4	Moodys	86.76 Bn	85.26 Bn	1.67 Bn	47.87%
5	Nasdaq	54.95 Bn	54.24 Bn	1.50 Bn	28.12%
6	Coinbase Global	45.29 Bn	36.50 Bn	1.16 Bn	-9.30%
7	Msci	41.31 Bn	40.96 Bn	717.10 Mn	56.23%
8	Cboe Global Markets	30.95 Bn	28.56 Bn	731.60 Mn	32.99%
9	TransUnion	16.34 Bn	15.50 Bn	765.00 Mn	19.70%
10	Factset Research Systems	10.81 Bn	10.51 Bn	310.73 Mn	26.70%

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