Nasdaq, Inc. (NDAQ) Operating margin 2016–2025
Nasdaq, Inc. (NDAQ) operating margin by fiscal year — reported operating income divided by reported revenue.
28.2%FY2025 · since FY2016: 22.6% → 28.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 28.2% | +3.9 pp |
| FY2024 | 24.3% | -1.7 pp |
| FY2023 | 26.0% | +0.9 pp |
| FY2022 | 25.1% | +0.6 pp |
| FY2021 | 24.5% | +2.5 pp |
| FY2020 | 21.9% | -1.9 pp |
| FY2019 | 23.9% | -0.2 pp |
| FY2018 | 24.0% | -1.1 pp |
| FY2017 | 25.1% | +2.5 pp |
| FY2016 | 22.6% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice