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Growth Metrics

Nasdaq (NDAQ) Tax Rate (2016 - 2026)

Nasdaq has reported Tax Rate over the past 18 years, most recently at 23.34% for Q1 2026.

  • Quarterly Tax Rate rose 428.0% to 23.34% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 18.08% through Mar 2026, down 329.0% year-over-year, with the annual reading at 16.69% for FY2025, 636.0% down from the prior year.
  • Tax Rate was 23.34% for Q1 2026 at Nasdaq, up from 10.69% in the prior quarter.
  • Over five years, Tax Rate peaked at 34.9% in Q2 2024 and troughed at 10.69% in Q4 2025.
  • The 5-year median for Tax Rate is 23.04% (2022), against an average of 22.29%.
  • Biggest five-year swings in Tax Rate: surged 1413bps in 2024 and later tumbled -1738bps in 2025.
  • Tracing NDAQ's Tax Rate over 5 years: stood at 25.47% in 2022, then grew by 16bps to 29.5% in 2023, then tumbled by -35bps to 19.13% in 2024, then tumbled by -44bps to 10.69% in 2025, then skyrocketed by 118bps to 23.34% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 23.34%, 10.69%, and 20.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.