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Nasdaq (NDAQ) Operating Margin (2016 - 2025)

Historic Operating Margin for Nasdaq (NDAQ) over the last 17 years, with Q4 2025 value amounting to 29.61%.

  • Nasdaq's Operating Margin rose 41500.0% to 29.61% in Q4 2025 from the same period last year, while for Dec 2025 it was 28.2%, marking a year-over-year increase of 39000.0%. This contributed to the annual value of 28.21% for FY2025, which is 39200.0% up from last year.
  • Per Nasdaq's latest filing, its Operating Margin stood at 29.61% for Q4 2025, which was up 41500.0% from 29.93% recorded in Q3 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.
  • Over the past 5 years, Nasdaq's median Operating Margin value was 26.2% (recorded in 2021), while the average stood at 25.68%.
  • In the last 5 years, Nasdaq's Operating Margin plummeted by -61500bps in 2024 and then skyrocketed by 63700bps in 2025.
  • Quarter analysis of 5 years shows Nasdaq's Operating Margin stood at 23.45% in 2021, then fell by -6bps to 22.06% in 2022, then decreased by -3bps to 21.43% in 2023, then rose by 19bps to 25.47% in 2024, then increased by 16bps to 29.61% in 2025.
  • Its Operating Margin stands at 29.61% for Q4 2025, versus 29.93% for Q3 2025 and 27.18% for Q2 2025.