Nasdaq (NDAQ) EBT Margin (2009 - 2026)

Nasdaq (NDAQ) posted EBT Margin of 25.79% for Q2 2026, down 18.59% sequentially from 31.68% in Q1 2026, and down 29.0% YoY from 36.32% in Q2 2025.

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

Nasdaq has reported EBT Margin for 18 years, with the latest figure at 25.79% in Q2 2026.

Quarterly EBT Margin fell 29.0% year-over-year to 25.79% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 27.87% (up 535.0% YoY) and the FY2025 annual result came in at 25.96%, up 638.0% from the prior year.
EBT Margin fell to 25.79% in Q2 2026 per NDAQ's latest filing, from 31.68% in the prior quarter.
Over five years, EBT Margin peaked at 186.58% in Q4 2023 and troughed at 18.64% in Q1 2024.
A 5-year average of 33.16% and a median of 25.06% in 2022 frame the typical range for EBT Margin.
The sharpest annual moves came in 2023 and 2024: EBT Margin jumped 16622 bps in 2023, then plunged 16495 bps in 2024.
Over 5 years, EBT Margin stood at 20.35% in 2022, then soared by 817 bps to 186.58% in 2023, then tumbled by 88 bps to 21.63% in 2024, then grew by 26 bps to 27.31% in 2025, then retreated by 6 bps to 25.79% in 2026.
According to Business Quant data, EBT Margin over the past three periods registered 25.79%, 31.68%, and 27.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	EBT Margin (Qtr)
1	S&P Global	128.25 Bn	124.11 Bn	2.98 Bn	41.70%
2	Cme	98.38 Bn	98.38 Bn	1.65 Bn	77.82%
3	Intercontinental Exchange	90.85 Bn	88.90 Bn	-	35.64%
4	Moodys	87.47 Bn	85.97 Bn	1.67 Bn	53.59%
5	Nasdaq	55.46 Bn	54.75 Bn	1.50 Bn	25.79%
6	Coinbase Global	48.80 Bn	40.01 Bn	1.16 Bn	-32.41%
7	Msci	41.47 Bn	41.11 Bn	717.10 Mn	48.13%
8	Cboe Global Markets	29.48 Bn	27.09 Bn	731.60 Mn	34.29%
9	TransUnion	16.48 Bn	15.64 Bn	765.00 Mn	15.39%
10	Factset Research Systems	10.84 Bn	10.53 Bn	310.73 Mn	24.74%

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