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Nasdaq (NDAQ) Operating Margin (2016 - 2025)

Historic Operating Margin for Nasdaq (NDAQ) over the last 17 years, with Q3 2025 value amounting to 29.93%.

  • Nasdaq's Operating Margin rose 63700.0% to 29.93% in Q3 2025 from the same period last year, while for Sep 2025 it was 27.15%, marking a year-over-year increase of 38600.0%. This contributed to the annual value of 24.3% for FY2024, which is 17300.0% down from last year.
  • As of Q3 2025, Nasdaq's Operating Margin stood at 29.93%, which was up 63700.0% from 27.18% recorded in Q2 2025.
  • In the past 5 years, Nasdaq's Operating Margin registered a high of 29.93% during Q3 2025, and its lowest value of 21.43% during Q4 2023.
  • Its 5-year average for Operating Margin is 25.48%, with a median of 26.17% in 2025.
  • In the last 5 years, Nasdaq's Operating Margin tumbled by -61500bps in 2024 and then surged by 63700bps in 2025.
  • Nasdaq's Operating Margin (Quarter) stood at 23.45% in 2021, then dropped by -6bps to 22.06% in 2022, then fell by -3bps to 21.43% in 2023, then grew by 19bps to 25.47% in 2024, then grew by 18bps to 29.93% in 2025.
  • Its Operating Margin stands at 29.93% for Q3 2025, versus 27.18% for Q2 2025 and 26.17% for Q1 2025.