Nasdaq (XSWX:NDAQ) Pre-Tax Income: CHF1,938 Mil (TTM As of Jun. 2026)

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XSWX:NDAQ Nasdaq Inc XSWX:NDAQ
79 GF Score
Price CHF77.59
GF Value CHF69.69
! 4 Warning Signs
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What is Nasdaq Pre-Tax Income?

Nasdaq XSWX:NDAQ +1.94% 79 Pre-Tax Income is CHF1,938 Mil as of Jun. 2026. GuruFocus rates XSWX:NDAQ with a GF Score™ of 79/100 and a GF Value™ of CHF69.69. The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Nasdaq's pretax income for the three months ended in Jun. 2026 was CHF522 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was CHF1,938 Mil. Nasdaq's pretax margin was 25.79%.

During the past 13 years, Nasdaq's highest Pretax Margin was 27.87%. The lowest was 3.59%. And the median was 23.40%.


Nasdaq  (XSWX:NDAQ) Pre-Tax Income Explanation

Nasdaq's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=521.943/2023.828
=25.79%

During the past 13 years, Nasdaq's highest Pretax Margin was 27.87%. The lowest was 3.59%. And the median was 23.40%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nasdaq Pre-Tax Income Related Terms


Nasdaq Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Nasdaq's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nasdaq Pre-Tax Income Chart

Nasdaq Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,412.81 1,374.11 1,211.59 1,291.93 1,709.35

Nasdaq Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 445.63 421.14 462.20 533.00 521.94

XSWX:NDAQ vs COIN, MSCI, CBOE: Pre-Tax Income Comparison

For the Financial Data & Stock Exchanges subindustry, Nasdaq's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nasdaq Pre-Tax Income vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nasdaq's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Nasdaq's Pre-Tax Income falls into.


XSWX:NDAQ
79GF Score
Nasdaq Inc XSWX:NDAQ
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Nasdaq Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Nasdaq's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1938.858+31.876+-282.103+31.079+-10.359
=1,709

Nasdaq's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=584.288+1.599+-66.342+6.394+-3.9960000000001
=522

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,938 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF1,938 Mil mean?
Nasdaq (XSWX:NDAQ) has a Pre-Tax Income of CHF1,938 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Nasdaq and its competitors.
Is Nasdaq's Pre-Tax Income too high?
Nasdaq's current Pre-Tax Income is CHF1,938 Mil. Overall, Nasdaq has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Nasdaq's Pre-Tax Income compare to COIN and MSCI?
Nasdaq's Pre-Tax Income of CHF1,938 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Capital Markets company?
A good Pre-Tax Income depends on the Capital Markets industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Nasdaq and its competitors. Nasdaq's current Pre-Tax Income is CHF1,938 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasdaq stock overvalued right now?
Nasdaq (XSWX:NDAQ) has a current Pre-Tax Income of CHF1,938 Mil. The stock's GF Value™ is CHF69.69, compared to a current price of CHF77.59 — trading 11.3% above its estimated fair value. The current Pre-Tax Income is CHF1,938 Mil. Nasdaq's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Nasdaq (XSWX:NDAQ), the current Pre-Tax Income is CHF1,938 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nasdaq (XSWX:NDAQ) Overvalued in 2026?

Based on GuruFocus' analysis, Nasdaq stock appears to be overvalued. The current stock price of CHF77.59 is trading 11.3% above its estimated GF Value™ of CHF69.69.

Key valuation signals for XSWX:NDAQ:

  • Pre-Tax Income: CHF1,938 Mil
  • GF Value™: CHF69.69 vs. price of CHF77.59 (11.3% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the XSWX:NDAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nasdaq Business Description

Address 151 West 42nd Street, Floors 26, 27, 28, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as it seeks to become a diversified technology company.
79GF Score

Get the complete analysis for XSWX:NDAQ

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF77.59
Price
CHF69.69
GF Value