Nasdaq, Inc. (NDAQ) Gross margin 2016–2025
Nasdaq, Inc. (NDAQ) gross margin by fiscal year — reported gross profit divided by reported revenue.
63.5%FY2025 · since FY2016: 61.4% → 63.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 63.5% | +0.7 pp |
| FY2024 | 62.8% | -1.4 pp |
| FY2023 | 64.2% | +6.7 pp |
| FY2022 | 57.5% | -0.6 pp |
| FY2021 | 58.1% | +6.5 pp |
| FY2020 | 51.6% | -7.9 pp |
| FY2019 | 59.5% | +0.5 pp |
| FY2018 | 59.1% | -2.0 pp |
| FY2017 | 61.1% | -0.4 pp |
| FY2016 | 61.4% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice