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Nasdaq, Inc.

NDAQNasdaqSecurity & Commodity Brokers, Dealers, Exchanges & ServicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026Score 18/3033% above fair value
$108.62+2.39 (+2.25%)

Close on Nov 2, 2026Market cap $60.72BP/E 31.7Yield 0.97%

Nasdaq Full-Year Non-GAAP Effective Tax Rate Guidance by Quarter

Full-Year Non-GAAP Effective Tax Rate Guidance — Low (%)

Nasdaq Full-Year Non-GAAP Effective Tax Rate Guidance: 22.5% in Q3 2026, unchanged from a year earlier. That is the lowest of the 13 quarters on record here.

Latest, Q3 2026
22.5%
Period ended Sep 30, 2026
Change on a year earlier
0.0 pts
22.5% in Q3 2025
History
13 quarters
Since Q3 2023
Sources
13
Documents cited below

Where the Q3 2026 figure comes from

“non-GAAP tax rate guidance in the range of 22.5% to 24.5%”

Source: Form 8-K Earnings Release Ex-99.1 (filed 2026-10-22) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedFull-Year Non-GAAP Effective Tax Rate Guidance — Low (%)Year on yearSource
Q3 2026Sep 30, 202622.5%0.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2026-10-22) ↗
Q2 2026Jun 30, 202622.5%0.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2026-07-23) ↗
Q1 2026Mar 31, 202622.5%0.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2026-04-23) ↗
Q4 2025Dec 31, 202522.5%0.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2026-01-29) ↗
Q3 2025Sep 30, 202522.5%-1.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2025-10-21) ↗
Q2 2025Jun 30, 202522.5%-2.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2025-07-24) ↗
Q1 2025Mar 31, 202522.5%-2.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2025-04-24) ↗
Q4 2024Dec 31, 202422.5%-2.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2025-01-29) ↗
Q3 2024Sep 30, 202423.5%-1.0 ptsForm 8-K Earnings Release Ex-99.1 (filed 2024-10-24) ↗
Q2 2024Jun 30, 202424.5%–Form 8-K Earnings Release Ex-99.1 (filed 2024-07-25) ↗
Q1 2024Mar 31, 202424.5%–Form 8-K Earnings Release Ex-99.1 (filed 2024-04-25) ↗
Q4 2023Dec 31, 202324.5%–Form 8-K Earnings Release Ex-99.1 (filed 2024-01-31) ↗
Q3 2023Sep 30, 202324.5%–Form 8-K Earnings Release Ex-99.1 (filed 2023-10-18) ↗

Breakdown

What makes up full-Year Non-GAAP Effective Tax Rate Guidance

Cite this data

StockData. (2026). Nasdaq Full-Year Non-GAAP Effective Tax Rate Guidance (%), quarterly Q3 2023–Q3 2026 [Data set]. Compiled from Nasdaq SEC filings and investor materials. https://stockdatahq.com/stocks/ndaq/kpis/guid-nongaap-tax-low-pct

See every metric in the Nasdaq KPI table. Data updated Nov 2, 2026.