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Nasdaq (NDAQ) Gross Margin: 2009-2025

Historic Gross Margin for Nasdaq (NDAQ) over the last 17 years, with Sep 2025 value amounting to 67.16%.

  • Nasdaq's Gross Margin rose 691.00% to 67.16% in Q3 2025 from the same period last year, while for Sep 2025 it was 62.26%, marking a year-over-year decrease of 245.00%. This contributed to the annual value of 62.82% for FY2024, which is 141.00% down from last year.
  • Nasdaq's Gross Margin amounted to 67.16% in Q3 2025, which was up 7.48% from 62.49% recorded in Q2 2025.
  • Nasdaq's 5-year Gross Margin high stood at 67.82% for Q4 2023, and its period low was 51.54% during Q1 2021.
  • Its 3-year average for Gross Margin is 63.43%, with a median of 64.55% in 2023.
  • Its Gross Margin has fluctuated over the past 5 years, first surged by 1,115bps in 2021, then tumbled by 754bps in 2025.
  • Quarterly analysis of 5 years shows Nasdaq's Gross Margin stood at 60.40% in 2021, then crashed by 306bps to 57.33% in 2022, then surged by 1,049bps to 67.82% in 2023, then slumped by 738bps to 60.44% in 2024, then soared by 691bps to 67.16% in 2025.
  • Its Gross Margin was 67.16% in Q3 2025, compared to 62.49% in Q2 2025 and 59.19% in Q1 2025.