KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) Gross Margin (2016 - 2026)

Nasdaq has reported Gross Margin over the past 18 years, most recently at 65.84% for Q1 2026.

  • Quarterly Gross Margin rose 682.0% to 65.84% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 65.23% through Mar 2026, up 425.0% year-over-year, with the annual reading at 63.53% for FY2025, 71.0% up from the prior year.
  • Gross Margin was 65.84% for Q1 2026 at Nasdaq, roughly flat from 65.54% in the prior quarter.
  • Over five years, Gross Margin peaked at 749.66% in Q4 2023 and troughed at 57.16% in Q3 2022.
  • The 5-year median for Gross Margin is 62.49% (2025), against an average of 102.41%.
  • Biggest five-year swings in Gross Margin: surged 69233bps in 2023 and later crashed -68922bps in 2024.
  • Tracing NDAQ's Gross Margin over 5 years: stood at 57.33% in 2022, then skyrocketed by 1208bps to 749.66% in 2023, then plummeted by -92bps to 60.44% in 2024, then increased by 8bps to 65.54% in 2025, then rose by 0bps to 65.84% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 65.84%, 65.54%, and 67.16% for Q1 2026, Q4 2025, and Q3 2025 respectively.