Nasdaq (NDAQ) Wages, Salaries and Other (2009 - 2026)
Nasdaq (NDAQ) posted Wages, Salaries and Other of $383 million for Q2 2026, up 8.8% from $352 million a year earlier and up 7.6% from the prior quarter.
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Analysis
Nasdaq (NDAQ) Wages, Salaries and Other (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Wages, Salaries and Other at Nasdaq was $1.45 billion, up 8.5% year-over-year; for FY2025, it was $1.39 billion, up 5.1% from FY2024.
- Annual Wages, Salaries and Other has increased for six consecutive years, with a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- In prior years, Nasdaq's Wages, Salaries and Other was $1.32 billion in FY2024 (+22.4%), $1.08 billion in FY2023 (+7.9%), $1 billion in FY2022 (+6.9%) and $938 million in FY2021 (+19.3%).
- The Q2 2026 figure stands as the highest quarterly Wages, Salaries and Other in data going back to Q2 2009.
- On a year-over-year basis, Wages, Salaries and Other has increased in each of the last five quarters, with growth averaging 9.0% over the last eight quarters.
- The strongest year-over-year quarter for Wages, Salaries and Other in the past five years was Q1 2024, with growth of 32.8%; the weakest was Q1 2025, with a decline of 3.2%.
- According to Business Quant data, Wages, Salaries and Other for the three prior quarters was $356 million (Q1 2026), $359 million (Q4 2025) and $353 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 1.79 Bn |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 233.50 Mn |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 509.00 Mn |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 383.00 Mn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | 1.29 Bn |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 182.00 Mn |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 868.00 Mn |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 154.70 Mn |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | 355.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 383.00 Mn |
| Mar 31, 2026 | 356.00 Mn |
| Dec 31, 2025 | 359.00 Mn |
| Sep 30, 2025 | 353.00 Mn |
| Jun 30, 2025 | 352.00 Mn |
| Mar 31, 2025 | 329.00 Mn |
| Dec 31, 2024 | 324.00 Mn |
| Sep 30, 2024 | 332.00 Mn |
| Jun 30, 2024 | 328.00 Mn |
| Mar 31, 2024 | 340.00 Mn |
| Dec 31, 2023 | 305.00 Mn |
| Sep 30, 2023 | 260.00 Mn |
| Jun 30, 2023 | 261.00 Mn |
| Mar 31, 2023 | 256.00 Mn |
| Dec 31, 2022 | 253.00 Mn |
| Sep 30, 2022 | 249.00 Mn |
| Jun 30, 2022 | 247.00 Mn |
| Mar 31, 2022 | 254.00 Mn |
| Dec 31, 2021 | 238.00 Mn |
| Sep 30, 2021 | 230.00 Mn |
API Access
Nasdaq Wages, Salaries and Other API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=NDAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();