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Growth Metrics

Nasdaq (NDAQ) Tax Rate (2016 - 2025)

Nasdaq's Tax Rate history spans 17 years, with the latest figure at 10.69% for Q4 2025.

  • For Q4 2025, Tax Rate fell 844.0% year-over-year to 10.69%; the TTM value through Dec 2025 reached 16.69%, down 631.0%, while the annual FY2025 figure was 16.69%, 636.0% down from the prior year.
  • Tax Rate for Q4 2025 was 10.69% at Nasdaq, down from 20.04% in the prior quarter.
  • Across five years, Tax Rate topped out at 34.9% in Q2 2024 and bottomed at 10.69% in Q4 2025.
  • The 5-year median for Tax Rate is 22.98% (2022), against an average of 22.26%.
  • The largest annual shift saw Tax Rate skyrocketed 1406bps in 2024 before it tumbled -1720bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 17.52% in 2021, then soared by 45bps to 25.47% in 2022, then increased by 16bps to 29.5% in 2023, then crashed by -35bps to 19.13% in 2024, then crashed by -44bps to 10.69% in 2025.
  • Per Business Quant, the three most recent readings for NDAQ's Tax Rate are 10.69% (Q4 2025), 20.04% (Q3 2025), and 17.7% (Q2 2025).