What is the current annual cost of goods sold of NDAQ?

As of today, NDAQ annual cost of goods sold is $3.65B

What is 1-year change in NDAQ annual cost of goods sold?

NDAQ annual cost of goods sold is up +8.35% year-over-year

What is 3-year change in NDAQ annual cost of goods sold?

NDAQ annual cost of goods sold is up +25.60% over the past 3 years

How far is NDAQ annual cost of goods sold from its all-time high?

NDAQ annual cost of goods sold is currently at its all-time high

How does NDAQ annual cost of goods sold rank versus sector peers?

NDAQ annual cost of goods sold is higher than 97.11% of companies in Financial Services sector

When is NDAQ next annual earnings release?

The next annual earnings release for NDAQ is on January 28, 2027

What is the current quarterly cost of goods sold of NDAQ?

As of today, NDAQ quarterly cost of goods sold is $1.08B

What is NDAQ quarterly cost of goods sold most recent change?

NDAQ quarterly cost of goods sold was down -10.03% on September 30, 2026

What is 1-year change in NDAQ quarterly cost of goods sold?

NDAQ quarterly cost of goods sold is up +31.02% year-over-year

How far is NDAQ quarterly cost of goods sold from its all-time high?

NDAQ quarterly cost of goods sold is currently -10.03% below its historical high of $1.20B set on June 30, 2026

How does NDAQ quarterly cost of goods sold rank versus sector peers?

NDAQ quarterly cost of goods sold is higher than 97.47% of companies in Financial Services sector

When is NDAQ next earnings release?

The next earnings release for NDAQ is on January 28, 2027

What is the current TTM cost of goods sold of NDAQ?

As of today, NDAQ TTM cost of goods sold is $4.02B

What is NDAQ TTM cost of goods sold most recent change?

NDAQ TTM cost of goods sold was up +6.78% on September 30, 2026

What is 1-year change in NDAQ TTM cost of goods sold?

NDAQ TTM cost of goods sold is up +7.32% year-over-year

How far is NDAQ TTM cost of goods sold from its all-time high?

NDAQ TTM cost of goods sold is currently at its all-time high

How does NDAQ TTM cost of goods sold rank versus sector peers?

NDAQ TTM cost of goods sold is higher than 97.20% of companies in Financial Services sector

When is NDAQ next earnings release?

The next earnings release for NDAQ is on January 28, 2027

Nasdaq, Inc. (NDAQ) Cost Of Goods Sold History & Chart

Annual Cost Of Goods Sold

$3.65B$281.00M+8.35%

December 31, 2025

Summary

Current Value: As of today, NDAQ annual cost of goods sold is $3.65B, up +8.35% on December 31, 2025
Historical Performance: NDAQ annual cost of goods sold is up +25.60% over the past 3 years, up +24.57% over the past 5 years
All-Time High Comparison: NDAQ annual cost of goods sold is currently at its all-time high
3-Year Low Comparison: NDAQ annual cost of goods sold is +46.27% above its 3-year low of $2.49B reached on December 31, 2023
Sector Comparison: NDAQ annual cost of goods sold is higher than 97.11% of companies in Financial Services sector

Cost Of Goods Sold Chart

beforeafter

Performance

NDAQ Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Cost Of Goods Sold	Dec 31, 25	$3.65B	+8.3%	+25.6%	+24.6%	+105.0%
Quarterly Cost Of Goods Sold	Sep 30, 26	$1.08B	+31.0%	+87.3%	+83.8%	+100.9%
TTM Cost Of Goods Sold	Sep 30, 26	$4.02B	+7.3%	+56.0%	+42.9%	+117.7%
Price	Oct 30, 26	$106.23	+24.0%	+117.2%	+51.9%	+1140.5%
Annual Total Expenses	Dec 31, 25	$6.43B	+2.3%	+26.0%	+37.0%	+130.2%
Annual Operating Expenses	Dec 31, 25	$2.18B	+4.7%	+32.6%	+60.4%	+147.9%
Annual Gross Profit	Dec 31, 25	$4.62B	+14.4%	+38.9%	+70.9%	+227.4%
Annual Revenue	Dec 31, 25	$8.26B	+11.7%	+32.7%	+46.8%	+159.2%

Cost Of Goods Sold Highs

NDAQ Annual Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
3Y	$3.65B	Dec 31, 25	at high
5Y	$3.65B	Dec 31, 25	at high
All	$3.65B	Dec 31, 25	at high

Cost Of Goods Sold Lows

NDAQ Annual Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
3Y	$2.49B	Dec 31, 23	+46.3%
5Y	$2.49B	Dec 31, 23	+46.3%
All	$55.85M	Dec 31, 04	+6427.0%

Cost Of Goods Sold History

Year	Value	Change
2025	$3.65B	+8.4%
2024	$3.36B	+35.0%
2023	$2.49B	-14.1%
2022	$2.90B	+5.8%
2021	$2.74B	-6.2%
2020	$2.93B	+52.6%
2019	$1.92B	-2.2%
2018	$1.96B	+13.7%
2017	$1.73B	+7.9%
2016	$1.60B	+10.1%
2015	$1.45B	-7.6%

Year	Value	Change
2014	$1.57B	+9.2%
2013	$1.44B	-7.8%
2012	$1.56B	-16.0%
2011	$1.86B	+4.4%
2010	$1.78B	-13.7%
2009	$2.06B	-9.7%
2008	$2.28B	+37.2%
2007	$1.66B	+59.7%
2006	$1.04B	+147.4%
2005	$420.89M	+653.7%
2004	$55.85M	-

FAQ

What is the current annual cost of goods sold of NDAQ?: As of today, NDAQ annual cost of goods sold is $3.65B
What is 1-year change in NDAQ annual cost of goods sold?: NDAQ annual cost of goods sold is up +8.35% year-over-year
What is 3-year change in NDAQ annual cost of goods sold?: NDAQ annual cost of goods sold is up +25.60% over the past 3 years
How far is NDAQ annual cost of goods sold from its all-time high?: NDAQ annual cost of goods sold is currently at its all-time high
How does NDAQ annual cost of goods sold rank versus sector peers?: NDAQ annual cost of goods sold is higher than 97.11% of companies in Financial Services sector
When is NDAQ next annual earnings release?: The next annual earnings release for NDAQ is on January 28, 2027

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Quarterly Cost Of Goods Sold

$1.08B$120.00M-10.03%

September 30, 2026

Summary

Current Value: As of today, NDAQ quarterly cost of goods sold is $1.08B, down -10.03% on September 30, 2026
Historical Performance: NDAQ quarterly cost of goods sold is up +31.02% year-over-year, up +87.30% over the past 3 years
All-Time High Comparison: NDAQ quarterly cost of goods sold is currently -10.03% below its historical high of $1.20B set on June 30, 2026
3-Year Low Comparison: NDAQ quarterly cost of goods sold is +87.30% above its 3-year low of $575.00M reached on an earlier date
Sector Comparison: NDAQ quarterly cost of goods sold is higher than 97.47% of companies in Financial Services sector

Performance

NDAQ Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Cost Of Goods Sold	Sep 30, 26	$1.08B	-10.0%	+31.0%	+87.3%	+83.8%
Annual Cost Of Goods Sold	Dec 31, 25	$3.65B	–	+8.3%	+25.6%	+24.6%
TTM Cost Of Goods Sold	Sep 30, 26	$4.02B	+6.8%	+7.3%	+56.0%	+42.9%
Price	Oct 30, 26	$106.23	+11.6%	+24.0%	+117.2%	+51.9%
Quarterly Total Expenses	Sep 30, 26	$1.85B	-8.5%	+19.1%	+60.2%	+73.3%
Quarterly Operating Expenses	Sep 30, 26	$576.00M	-1.9%	+4.7%	+35.9%	+43.3%
Quarterly Gross Profit	Sep 30, 26	$1.32B	-1.4%	+13.7%	+50.2%	+70.7%
Quarterly Revenue	Sep 30, 26	$2.39B	-5.5%	+20.9%	+64.9%	+76.3%

Quarterly Cost Of Goods Sold Highs

NDAQ Quarterly Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	$1.20B	Jun 30, 26	-10.0%
3Y	$1.20B	Jun 30, 26	-10.0%
5Y	$1.20B	Jun 30, 26	-10.0%
All	$1.20B	Jun 30, 26	-10.0%

Quarterly Cost Of Goods Sold Lows

NDAQ Quarterly Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	$822.00M	N/A	+31.0%
3Y	$575.00M	N/A	+87.3%
5Y	$573.00M	Jun 30, 23	+88.0%
All	$66.14M	Sep 30, 04	+1528.3%

Quarterly Cost Of Goods Sold History

Month	Value	Change
Sep 2026	$1.08B	-10.0%
Jun 2026	$1.20B	+33.7%
Mar 2026	$895.00M	+5.4%
Dec 2025	$849.00M	+3.3%
Sep 2025	$822.00M	-13.7%
Jun 2025	$953.00M	-6.1%
Mar 2025	$1.02B	+6.4%
Dec 2024	$954.00M	+5.0%
Sep 2024	$909.00M	+15.6%
Jun 2024	$786.00M	+10.4%
Mar 2024	$712.00M	+8.5%
Dec 2023	$656.00M	+14.1%
Sep 2023	$575.00M	+0.3%
Jun 2023	$573.00M	-16.7%
Mar 2023	$688.00M	-6.9%
Dec 2022	$739.00M	+1.2%
Sep 2022	$730.00M	+0.8%
Jun 2022	$724.00M	+2.0%
Mar 2022	$710.00M	+7.3%
Dec 2021	$662.00M	+13.0%
Sep 2021	$586.00M	-7.6%
Jun 2021	$634.00M	-26.6%
Mar 2021	$864.00M	+18.7%
Dec 2020	$728.00M	-2.9%
Sep 2020	$750.00M	+0.1%
Jun 2020	$749.00M	+7.0%
Mar 2020	$700.00M	+50.2%
Dec 2019	$466.00M	-8.8%
Sep 2019	$511.00M	+5.1%
Jun 2019	$486.00M	+7.3%
Mar 2019	$453.00M	-16.4%
Dec 2018	$542.00M	+30.0%
Sep 2018	$417.00M	-10.3%
Jun 2018	$465.00M	-13.6%
Mar 2018	$538.00M	+22.8%
Dec 2017	$438.00M	+7.1%
Sep 2017	$409.00M	-8.1%
Jun 2017	$445.00M	+2.8%
Mar 2017	$433.00M	+3.3%
Dec 2016	$419.00M	+7.4%
Sep 2016	$390.00M	+2.9%
Jun 2016	$379.00M	-7.3%
Mar 2016	$409.00M	+12.4%
Dec 2015	$364.00M	-3.2%
Sep 2015	$376.00M	+16.4%
Jun 2015	$323.00M	-16.1%

Month	Value	Change
Mar 2015	$385.00M	-11.5%
Dec 2014	$435.00M	+22.5%
Sep 2014	$355.00M	-5.8%
Jun 2014	$377.00M	-6.7%
Mar 2014	$404.00M	+11.3%
Dec 2013	$363.00M	+9.3%
Sep 2013	$332.00M	-15.1%
Jun 2013	$391.00M	+10.8%
Mar 2013	$353.00M	-1.9%
Dec 2012	$360.00M	0.0%
Sep 2012	$360.00M	-15.1%
Jun 2012	$424.00M	+1.9%
Mar 2012	$416.00M	-6.3%
Dec 2011	$444.00M	-17.2%
Sep 2011	$536.00M	+19.6%
Jun 2011	$448.00M	+4.4%
Mar 2011	$429.00M	-0.9%
Dec 2010	$433.00M	+7.2%
Sep 2010	$404.00M	-20.9%
Jun 2010	$511.00M	+19.1%
Mar 2010	$429.00M	-9.3%
Dec 2009	$473.00M	-3.1%
Sep 2009	$488.00M	-11.1%
Jun 2009	$549.00M	-0.2%
Mar 2009	$550.00M	-15.0%
Dec 2008	$647.30M	+4.5%
Sep 2008	$619.21M	+33.6%
Jun 2008	$463.52M	-15.9%
Mar 2008	$551.41M	+19.2%
Dec 2007	$462.53M	+2.4%
Sep 2007	$451.68M	+22.3%
Jun 2007	$369.32M	-2.7%
Mar 2007	$379.72M	+38.1%
Dec 2006	$274.97M	+11.8%
Sep 2006	$246.02M	-5.9%
Jun 2006	$261.35M	+1.0%
Mar 2006	$258.77M	+83.3%
Dec 2005	$141.17M	+36.4%
Sep 2005	$103.46M	-0.7%
Jun 2005	$104.16M	+44.4%
Mar 2005	$72.11M	-30.5%
Dec 2004	$103.74M	+56.8%
Sep 2004	$66.14M	-60.3%
Sep 2001	$166.54M	+2.0%
Jun 2001	$163.28M	+5.8%
Mar 2001	$154.26M	-

FAQ

What is the current quarterly cost of goods sold of NDAQ?: As of today, NDAQ quarterly cost of goods sold is $1.08B
What is NDAQ quarterly cost of goods sold most recent change?: NDAQ quarterly cost of goods sold was down -10.03% on September 30, 2026
What is 1-year change in NDAQ quarterly cost of goods sold?: NDAQ quarterly cost of goods sold is up +31.02% year-over-year
How far is NDAQ quarterly cost of goods sold from its all-time high?: NDAQ quarterly cost of goods sold is currently -10.03% below its historical high of $1.20B set on June 30, 2026
How does NDAQ quarterly cost of goods sold rank versus sector peers?: NDAQ quarterly cost of goods sold is higher than 97.47% of companies in Financial Services sector
When is NDAQ next earnings release?: The next earnings release for NDAQ is on January 28, 2027

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

TTM Cost Of Goods Sold

$4.02B$255.00M+6.78%

September 30, 2026

Summary

Current Value: As of today, NDAQ TTM cost of goods sold is $4.02B, up +6.78% on September 30, 2026
Historical Performance: NDAQ TTM cost of goods sold is up +7.32% year-over-year, up +56.04% over the past 3 years
All-Time High Comparison: NDAQ TTM cost of goods sold is currently at its all-time high
3-Year Low Comparison: NDAQ TTM cost of goods sold is +61.24% above its 3-year low of $2.49B reached on December 31, 2023
Sector Comparison: NDAQ TTM cost of goods sold is higher than 97.20% of companies in Financial Services sector

Performance

NDAQ Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Cost Of Goods Sold	Sep 30, 26	$4.02B	+6.8%	+7.3%	+56.0%	+42.9%
Annual Cost Of Goods Sold	Dec 31, 25	$3.65B	–	+8.3%	+25.6%	+24.6%
Quarterly Cost Of Goods Sold	Sep 30, 26	$1.08B	-10.0%	+31.0%	+87.3%	+83.8%
Price	Oct 30, 26	$106.23	+11.6%	+24.0%	+117.2%	+51.9%
TTM Gross Profit	Sep 30, 26	$5.12B	+3.2%	+14.9%	+49.6%	+66.8%
TTM Revenue	Sep 30, 26	$9.14B	+4.7%	+11.4%	+52.4%	+55.4%

TTM Cost Of Goods Sold Highs

NDAQ TTM Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	$4.02B	Sep 30, 26	at high
3Y	$4.02B	Sep 30, 26	at high
5Y	$4.02B	Sep 30, 26	at high
All	$4.02B	Sep 30, 26	at high

TTM Cost Of Goods Sold Lows

NDAQ TTM Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	$3.52B	Mar 31, 26	+14.2%
3Y	$2.49B	Dec 31, 23	+61.2%
5Y	$2.49B	Dec 31, 23	+61.2%
All	$66.14M	Sep 30, 04	+5974.8%

TTM Cost Of Goods Sold History

Month	Value	Change
Sep 2026	$4.02B	+6.8%
Jun 2026	$3.76B	+6.9%
Mar 2026	$3.52B	-3.3%
Dec 2025	$3.64B	-2.8%
Sep 2025	$3.74B	-2.3%
Jun 2025	$3.83B	+4.6%
Mar 2025	$3.66B	+9.0%
Dec 2024	$3.36B	+9.7%
Sep 2024	$3.06B	+12.2%
Jun 2024	$2.73B	+8.5%
Mar 2024	$2.52B	+1.0%
Dec 2023	$2.49B	-3.2%
Sep 2023	$2.58B	-5.7%
Jun 2023	$2.73B	-5.2%
Mar 2023	$2.88B	-0.8%
Dec 2022	$2.90B	+2.7%
Sep 2022	$2.83B	+5.4%
Jun 2022	$2.68B	+3.5%
Mar 2022	$2.59B	-5.6%
Dec 2021	$2.75B	-2.3%
Sep 2021	$2.81B	-5.5%
Jun 2021	$2.98B	-3.7%
Mar 2021	$3.09B	+5.6%
Dec 2020	$2.93B	+9.8%
Sep 2020	$2.67B	+9.9%
Jun 2020	$2.43B	+12.2%
Mar 2020	$2.16B	+12.9%
Dec 2019	$1.92B	-3.8%
Sep 2019	$1.99B	+5.0%
Jun 2019	$1.90B	+1.1%
Mar 2019	$1.88B	-4.3%
Dec 2018	$1.96B	+5.6%
Sep 2018	$1.86B	+0.4%
Jun 2018	$1.85B	+1.1%
Mar 2018	$1.83B	+6.1%
Dec 2017	$1.73B	+1.1%
Sep 2017	$1.71B	+1.1%
Jun 2017	$1.69B	+4.1%
Mar 2017	$1.62B	+1.5%
Dec 2016	$1.60B	+3.6%
Sep 2016	$1.54B	+0.9%
Jun 2016	$1.53B	+3.8%
Mar 2016	$1.47B	+1.7%
Dec 2015	$1.45B	-4.7%
Sep 2015	$1.52B	+1.4%
Jun 2015	$1.50B	-3.5%

Month	Value	Change
Mar 2015	$1.55B	-1.2%
Dec 2014	$1.57B	+4.8%
Sep 2014	$1.50B	+1.6%
Jun 2014	$1.48B	-0.9%
Mar 2014	$1.49B	+3.5%
Dec 2013	$1.44B	+0.2%
Sep 2013	$1.44B	-1.9%
Jun 2013	$1.46B	-2.2%
Mar 2013	$1.50B	-4.0%
Dec 2012	$1.56B	-5.1%
Sep 2012	$1.64B	-9.7%
Jun 2012	$1.82B	-1.3%
Mar 2012	$1.84B	-0.7%
Dec 2011	$1.86B	+0.6%
Sep 2011	$1.85B	+7.7%
Jun 2011	$1.71B	-3.5%
Mar 2011	$1.78B	0.0%
Dec 2010	$1.78B	-2.2%
Sep 2010	$1.82B	-4.4%
Jun 2010	$1.90B	-2.0%
Mar 2010	$1.94B	-5.9%
Dec 2009	$2.06B	-7.8%
Sep 2009	$2.23B	-5.5%
Jun 2009	$2.37B	+3.7%
Mar 2009	$2.28B	-0.1%
Dec 2008	$2.28B	+8.8%
Sep 2008	$2.10B	+8.7%
Jun 2008	$1.93B	+5.1%
Mar 2008	$1.83B	+10.3%
Dec 2007	$1.66B	+12.7%
Sep 2007	$1.48B	+16.2%
Jun 2007	$1.27B	+9.3%
Mar 2007	$1.16B	+11.6%
Dec 2006	$1.04B	+14.7%
Sep 2006	$907.31M	+18.6%
Jun 2006	$764.75M	+25.9%
Mar 2006	$607.56M	+44.3%
Dec 2005	$420.89M	+9.8%
Sep 2005	$383.46M	+10.8%
Jun 2005	$346.15M	+43.0%
Mar 2005	$241.99M	+42.4%
Dec 2004	$169.88M	+156.8%
Sep 2004	$66.14M	-86.3%
Sep 2001	$484.08M	+52.4%
Jun 2001	$317.54M	+105.8%
Mar 2001	$154.26M	-

FAQ

What is the current TTM cost of goods sold of NDAQ?: As of today, NDAQ TTM cost of goods sold is $4.02B
What is NDAQ TTM cost of goods sold most recent change?: NDAQ TTM cost of goods sold was up +6.78% on September 30, 2026
What is 1-year change in NDAQ TTM cost of goods sold?: NDAQ TTM cost of goods sold is up +7.32% year-over-year
How far is NDAQ TTM cost of goods sold from its all-time high?: NDAQ TTM cost of goods sold is currently at its all-time high
How does NDAQ TTM cost of goods sold rank versus sector peers?: NDAQ TTM cost of goods sold is higher than 97.20% of companies in Financial Services sector
When is NDAQ next earnings release?: The next earnings release for NDAQ is on January 28, 2027

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

NDAQ Official Website www.nasdaq.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1120193/000119312526028185/0001193125-26-028185-index.htm
NDAQ Profile on Yahoo Finance finance.yahoo.com/quote/NDAQ
NDAQ Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ndaq