Nasdaq, Inc. (NDAQ) Gross Margin: 54.81%
Is Nasdaq, Inc.’s gross margin high or low?
Nasdaq, Inc.'s gross margin of 54.81% is 37% above its 5-year average of 40.05%, near the high end of its 5-year range (34.52%–54.81%).
As of Sunday, June 21, 2026. 24.12% above its 12-month average of 44.16%.
NDAQ Gross Margin Chart
NDAQ Average Gross Margin Chart
NDAQ Current vs Average Gross Margin Chart
NDAQ Gross Margin Metrics
GROSS MARGIN
54.81%
GROSS MARGIN AVG TTM
44.16%
GROSS MARGIN AVG 3Y
41.97%
GROSS MARGIN AVG 5Y
40.05%
GROSS MARGIN AVG 10Y
39.81%
GROSS MARGIN AVG 15Y
38.33%
GROSS MARGIN AVG 20Y
38.89%
CURRENT VS TTM AVG
+24.12%
CURRENT VS 3Y AVG
+30.59%
CURRENT VS 5Y AVG
+36.84%
CURRENT VS 10Y AVG
+37.69%
CURRENT VS 15Y AVG
+43.01%
CURRENT VS 20Y AVG
+40.95%
NDAQ Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nasdaq, Inc. (NDAQ) | $46.51B | 54.81% | 44.16% | 41.97% | 40.05% |
| State Street Corporation (STT)vs › | $46.58B | 63.27% | 59.91% | 68.29% | 78.26% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.78B | N/A | N/A | N/A | N/A |
| Coinbase Global, Inc. (COIN)vs › | $43.01B | 75.94% | 74.69% | 73.28% | 76.72% |
| Discover Financial Services (DFS)vs › | $50.34B | 65.86% | 77.87% | 88.93% | 92.62% |
| Ares Management Corporation (ARES)vs › | $42.48B | 70.73% | 65.11% | 60.06% | 61.52% |
| MSCI Inc. (MSCI)vs › | $42.31B | 82.86% | 82.22% | 82.20% | 82.34% |
| Ameriprise Financial, Inc. (AMP)vs › | $42.02B | 51.65% | 50.63% | 51.66% | 52.05% |
| American International Group, Inc. (AIG)vs › | $39.25B | 38.50% | 34.27% | 27.09% | 41.18% |
| Arthur J. Gallagher & Co. (AJG)vs › | $55.00B | 65.99% | 48.48% | 45.30% | 42.21% |
Gross Margin Analysis
Gross Margin
54.8%
(Revenue - COGS) / Revenue
Nasdaq, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Nasdaq, Inc. Gross Margin FAQ
- What is the gross margin for Nasdaq, Inc. (NDAQ)?
- The gross margin for NDAQ stock is 54.81%.
- Is Nasdaq, Inc.'s gross margin high or low?
- Nasdaq, Inc.'s gross margin of 54.81% is 37% above its 5-year average of 40.05%, near the high end of its 5-year range (34.52%–54.81%).
- What is the TTM average gross margin for Nasdaq, Inc. (NDAQ)?
- The TTM average gross margin for NDAQ stock is 44.16%.
- What is the 3Y average gross margin for Nasdaq, Inc. (NDAQ)?
- The 3Y average gross margin for NDAQ stock is 41.97%.
- What is the 5Y average gross margin for Nasdaq, Inc. (NDAQ)?
- The 5Y average gross margin for NDAQ stock is 40.05%.
- What is the 10Y average gross margin for Nasdaq, Inc. (NDAQ)?
- The 10Y average gross margin for NDAQ stock is 39.81%.
- What is the 15Y average gross margin for Nasdaq, Inc. (NDAQ)?
- The 15Y average gross margin for NDAQ stock is 38.33%.
- What is the 20Y average gross margin for Nasdaq, Inc. (NDAQ)?
- The 20Y average gross margin for NDAQ stock is 38.89%.
Nasdaq, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 47.93% |
| 2024-12-31 | 40.39% |
| 2023-12-31 | 41.99% |
| 2022-12-31 | 37.57% |
| 2021-12-31 | 37.92% |
| 2020-12-31 | 34.52% |
| 2019-12-31 | 39.08% |
| 2018-12-31 | 38.70% |
| 2017-12-31 | 40.10% |
| 2016-12-31 | 39.55% |
| 2015-12-31 | 40.14% |
| 2014-12-31 | 38.86% |
| 2013-12-31 | 38.74% |
| 2012-12-31 | 36.09% |
| 2011-12-31 | 32.93% |
| 2010-12-31 | 31.68% |
| 2009-12-31 | 42.60% |
| 2008-12-31 | 40.00% |
| 2007-12-31 | 33.34% |
| 2006-12-31 | 41.46% |
| 2005-12-31 | 59.78% |
| 2004-12-31 | 89.67% |
| 2003-12-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2001-12-31 | 100.00% |
| 2000-12-31 | 100.00% |
| 1999-12-31 | 100.00% |
| 1998-12-31 | 100.00% |
Related Metrics
About Nasdaq, Inc.
Nasdaq, Inc., a technology powerhouse founded in 1971 and based in New York City, is dedicated to supporting capital markets and various other sectors worldwide. Its Market Technology division specializes in fighting financial crime, offering products like Nasdaq Trade Surveillance, a SaaS solution that assists brokers and market participants in meeting compliance requirements and internal surveillance policies. This segment also provides Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool, and Verafin, a SaaS provider for anti-financial crime management. Furthermore, this division handles a wide array of assets, including cash equities, equity derivatives, global currencies, interest-bearing securities, commodities, energy resources, and digital currencies. The Investment Intelligence segment is responsible for distributing both historical and live market data, creating and licensing Nasdaq-branded financial indexes and products, and delivering valuable investment insights and workflow solutions. Through its Corporate Platforms, Nasdaq manages operational listing venues and furnishes specialized intelligence for investor relations, alongside comprehensive governance services. The Market Services segment covers a broad spectrum of operations, including the trading and clearing of equity derivatives, cash equities, fixed income, and commodities, in addition to providing trade management services. This division operates numerous exchanges and marketplace facilities that accommodate diverse asset classes such as derivatives, commodities, cash equity, debt, structured products, and exchange-traded products, while also offering crucial broker, clearing, settlement, and central depository functionalities. As of December 31, 2021, The Nasdaq Stock Market proudly listed 4,178 companies, specifically 1,632 on The Nasdaq Global Select Market, 1,169 on The Nasdaq Global Market, and 1,377 on The Nasdaq Capital Market. The company adopted its current name, Nasdaq, Inc., in September 2015, having previously been known as The NASDAQ OMX Group, Inc.
- Sector
- Financial Services
- Industry
- Financial - Data & Stock Exchanges
- CEO
- Adena T. Friedman