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Growth Metrics

Nasdaq (NDAQ) FCF Margin (2016 - 2026)

Nasdaq has reported FCF Margin over the past 18 years, most recently at 29.43% for Q1 2026.

  • Quarterly FCF Margin rose 14.0% to 29.43% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.12% through Mar 2026, up 40.0% year-over-year, with the annual reading at 24.07% for FY2025, 67.0% up from the prior year.
  • FCF Margin was 29.43% for Q1 2026 at Nasdaq, up from 25.24% in the prior quarter.
  • Over five years, FCF Margin peaked at 251.68% in Q4 2023 and troughed at 7.76% in Q3 2025.
  • The 5-year median for FCF Margin is 29.08% (2022), against an average of 38.15%.
  • Biggest five-year swings in FCF Margin: surged 22260bps in 2023 and later tumbled -21990bps in 2024.
  • Tracing NDAQ's FCF Margin over 5 years: stood at 29.08% in 2022, then soared by 766bps to 251.68% in 2023, then tumbled by -87bps to 31.77% in 2024, then decreased by -21bps to 25.24% in 2025, then increased by 17bps to 29.43% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods came in at 29.43%, 25.24%, and 7.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.