Nasdaq (NDAQ) EBT Margin (2009 - 2026)
Nasdaq recorded quarterly EBT Margin of 31.68% in Q1 2026, up 16.01% quarter-over-quarter from 27.31% in Q4 2025, and up 840.0% year-over-year from 3.37% in Q1 2025.
Nasdaq's EBT Margin history runs 18 years deep, the most recent figure standing at 31.68% for Q1 2026.
- In Q1 2026, EBT Margin rose 840.0% year-over-year to 31.68%; the TTM figure through Mar 2026 stood at 28.09% (up 732.0% YoY), while the FY2025 annual figure was 25.96%, up 638.0% from the prior year.
- EBT Margin came in at 31.68% for Q1 2026 at Nasdaq, up from 27.31% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 186.58% in Q4 2023 to a low of 18.64% in Q1 2024.
- A 5-year average of 33.6% and a median of 24.53% in 2022 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin soared 16622 bps in 2023 and tumbled 16495 bps in 2024, its largest moves.
- Nasdaq's EBT Margin stood at 20.35% in 2022, then surged by 817 bps to 186.58% in 2023, then slumped by 88 bps to 21.63% in 2024, then climbed by 26 bps to 27.31% in 2025, then rose by 16 bps to 31.68% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 31.68%, 27.31%, and 27.02% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 45.74% |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 80.36% |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 63.72% |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 41.85% |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 31.68% |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -32.89% |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 45.75% |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 40.50% |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 34.37% |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 26.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.68% |
| Dec 31, 2025 | 27.31% |
| Sep 30, 2025 | 27.02% |
| Jun 30, 2025 | 26.22% |
| Mar 31, 2025 | 23.28% |
| Dec 31, 2024 | 21.63% |
| Sep 30, 2024 | 18.72% |
| Jun 30, 2024 | 19.03% |
| Mar 31, 2024 | 18.64% |
| Dec 31, 2023 | 186.58% |
| Sep 30, 2023 | 26.95% |
| Jun 30, 2023 | 23.52% |
| Mar 31, 2023 | 25.83% |
| Dec 31, 2022 | 20.35% |
| Sep 30, 2022 | 24.53% |
| Jun 30, 2022 | 25.58% |
| Mar 31, 2022 | 24.36% |
| Dec 31, 2021 | 21.40% |
| Sep 30, 2021 | 27.34% |
| Jun 30, 2021 | 32.15% |
| Mar 31, 2021 | 23.92% |
| Dec 31, 2020 | 18.26% |
| Sep 30, 2020 | 25.27% |
| Jun 30, 2020 | 22.60% |
| Mar 31, 2020 | 20.18% |
| Dec 31, 2019 | 23.75% |
| Sep 30, 2019 | 19.62% |
| Jun 30, 2019 | 22.53% |
| Mar 31, 2019 | 30.13% |
| Dec 31, 2018 | 32,800.00% |
| Sep 30, 2018 | 21.68% |
| Jun 30, 2018 | 28.04% |
| Mar 31, 2018 | 20.76% |
| Dec 31, 2017 | 20.71% |
| Sep 30, 2017 | 24.25% |
| Jun 30, 2017 | 21.23% |
| Mar 31, 2017 | 22.19% |
| Dec 31, 2016 | -244.31% |
| Sep 30, 2016 | 21.42% |
| Jun 30, 2016 | 16.28% |
| Mar 31, 2016 | 21.55% |
| Dec 31, 2015 | 153.15% |
| Sep 30, 2015 | 349.15% |
| Jun 30, 2015 | 135.21% |
| Mar 31, 2015 | 10.07% |
| Dec 31, 2014 | 10.54% |
| Sep 30, 2014 | 21.88% |
| Jun 30, 2014 | 18.73% |
| Mar 31, 2014 | 17.37% |
| Dec 31, 2013 | 27.68% |
| Sep 30, 2013 | 21.24% |
| Jun 30, 2013 | 16.58% |
| Mar 31, 2013 | 7.93% |
| Dec 31, 2012 | -26.75% |
| Sep 30, 2012 | 17.96% |
| Jun 30, 2012 | 15.34% |
| Mar 31, 2012 | 17.04% |
| Dec 31, 2011 | 14.23% |
| Sep 30, 2011 | 18.01% |
| Jun 30, 2011 | 15.65% |
| Mar 31, 2011 | 18.65% |
| Dec 31, 2010 | -22.78% |
| Sep 30, 2010 | 18.89% |
| Jun 30, 2010 | 16.48% |
| Mar 31, 2010 | 11.54% |
| Dec 31, 2009 | -1.84% |
| Sep 30, 2009 | 10.37% |
| Jun 30, 2009 | 12.82% |