MarketAxess Holdings, Inc. operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The company is headquartered in New York City, New York and currently employs 868 full-time employees. The company went IPO on 2004-11-05. The firm offers end-to-end trading solutions, including the operation of electronic platforms for the trading of fixed-income and other securities and related data, analytics compliance tools, post-trade services, automated trading services and technology services. The firm provides an Open Trading marketplace which offers an all-to-all trading solution in the global credit markets, creating a liquidity pool for a range of credit market participants. The company leverages its diverse set of trading protocols, automated and algorithmic trading solutions, intelligent data and index products and a range of post-trade services to provide an end-to-end trading solution to its robust network of platform participants. The firm also provides several integrated and actionable data offerings, including CP+ and Axess All, to assist clients. Its RFQ-hub platform is a bilateral multi-asset and multi-dealer request for quote platform.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
Revenue
871
233
209
208
219
208
Revenue Growth (YoY)
7%
12%
3%
1%
11%
-1%
Cost of Revenue
97
24
24
23
23
22
Gross Profit
774
208
184
185
195
186
Selling, General & Admin
341
88
89
79
84
79
Research & Development
--
--
--
--
--
--
Operating Expenses
419
107
108
99
103
98
Other Non Operating Income (Expenses)
2
1
0
2
0
0
Pretax Income
374
103
79
93
97
96
Income Tax Expense
64
25
-12
25
26
81
Net Income
309
77
92
68
71
15
Net Income Growth
43%
413%
42%
-4%
11%
-79%
Shares Outstanding (Diluted)
35.38
35.38
36.68
37.11
37.29
37.45
Shares Change (YoY)
-6%
-6%
-2%
-1%
-1%
-1%
EPS (Diluted)
8.74
2.2
2.51
1.83
1.9
0.4
EPS Growth
51%
447%
45%
-3%
11%
-79%
Free Cash Flow
218
-92
143
77
90
12
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
88.86%
89.27%
88.03%
88.94%
89.04%
89.42%
Operating Margin
40.64%
42.91%
36.36%
40.86%
41.55%
42.3%
Profit Margin
35.47%
33.04%
44.01%
32.69%
32.42%
7.21%
Free Cash Flow Margin
25.02%
-39.48%
68.42%
37.01%
41.09%
5.76%
EBITDA
431
119
95
104
110
106
EBITDA Margin
49.48%
51.07%
45.45%
50%
50.22%
50.96%
D&A For EBITDA
77
19
19
19
19
18
EBIT
354
100
76
85
91
88
EBIT Margin
40.64%
42.91%
36.36%
40.86%
41.55%
42.3%
Effective Tax Rate
17.11%
24.27%
-15.18%
26.88%
26.8%
84.37%
Follow-Up Questions
What are Marketaxess Holdings Inc's key financial statements?
According to the latest financial statement (Form-10K), Marketaxess Holdings Inc has a total asset of $0, Net loss of $0
What are the key financial ratios for MKTX?
Marketaxess Holdings Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Marketaxess Holdings Inc's revenue broken down by segment or geography?
Marketaxess Holdings Inc largest revenue segment is Other, at a revenue of 13,924,000 in the most earnings release.For geography, United States is the primary market for Marketaxess Holdings Inc, at a revenue of 568,383,000.
Is Marketaxess Holdings Inc profitable?
no, according to the latest financial statements, Marketaxess Holdings Inc has a net loss of $0
Does Marketaxess Holdings Inc have any liabilities?
no, Marketaxess Holdings Inc has liability of 0
How many outstanding shares for Marketaxess Holdings Inc?
Marketaxess Holdings Inc has a total outstanding shares of 0