Nasdaq (NDAQ) EBITDA Margin (2009 - 2026)

Nasdaq (NDAQ) has reported EBITDA Margin for 18 consecutive years, with 28.12% the latest figure, recorded in Q2 2026.

• Quarterly EBITDA 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.
• EBITDA Margin fell to 28.12% in Q2 2026 per NDAQ's latest filing, from 30.74% in the prior quarter.
• Over the last five years, EBITDA Margin for NDAQ reached as high as 36.91% in Q4 2023 and fell as low as 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 EBITDA Margin.
• Annual changes were most pronounced in 2023 — EBITDA Margin surged 1485 bps — and 2024, when it slumped 1144 bps.
• Year by year, EBITDA Margin stood at 22.06% in 2022, then jumped by 67 bps to 36.91% in 2023, then plunged by 31 bps to 25.47% in 2024, then increased by 16 bps to 29.61% in 2025, then dropped by 5 bps to 28.12% in 2026.
• According to Business Quant data, EBITDA Margin over the past three periods registered 28.12%, 30.74%, and 29.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.