Nasdaq (NDAQ) Tax Rate (2009 - 2026)

Nasdaq (NDAQ) has reported Tax Rate for 18 consecutive years, with 22.36% the latest figure, recorded in Q2 2026.

• Quarterly Tax Rate rose 484.0% year-over-year to 22.36% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 19.35% (up 166.0% YoY) and the FY2025 annual result came in at 16.69%, down 636.0% from the prior year.
• Tax Rate eased to 22.36% in Q2 2026 per NDAQ's latest filing, from 23.34% in the prior quarter.
• Over the last five years, Tax Rate for NDAQ reached as high as 34.9% in Q2 2024 and fell as low as 10.69% in Q4 2025.
• A 5-year average of 22.29% and a median of 22.85% in 2022 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2024 — Tax Rate surged 1413 bps — and 2025, when it plunged 1738 bps.
• Year by year, Tax Rate stood at 25.47% in 2022, then climbed by 16 bps to 29.5% in 2023, then sank by 35 bps to 19.13% in 2024, then plunged by 44 bps to 10.69% in 2025, then jumped by 109 bps to 22.36% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 22.36%, 23.34%, and 10.69% for Q2 2026, Q1 2026, and Q4 2025 respectively.