MarketAxess Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	519.73	544.48	451.28	430.75	506.74
Trading Asset Securities	-	99.05	99.68	74.41	24.88
Cash & Short-Term Investments	519.73	643.52	550.96	505.16	531.62
Cash Growth	-19.24%	16.80%	9.07%	-4.98%	10.73%
Accounts Receivable	100.99	228.27	374.16	313.51	216.65
Other Receivables	362.93	113.65	288.46	152.36	187.02
Receivables	463.92	341.92	662.62	465.86	403.66
Prepaid Expenses	46.97	46.96	82.48	66.24	26.96
Restricted Cash	48.72	155.98	160.39	141.92	118.83
Other Current Assets	-	11.11	12.39	9.38	11.2
Total Current Assets	1,079	1,199	1,469	1,189	1,092
Property, Plant & Equipment	164.29	165.43	165.72	166.36	167.02
Long-Term Investments	170.68	89.51	24.69	-	-
Goodwill	283.67	236.71	236.71	154.79	154.79
Other Intangible Assets	110.63	98.08	119.11	98.07	116.38
Total Assets	1,809	1,789	2,015	1,608	1,530
Accounts Payable	42.58	31.3	32.47	37.25	48.72
Accrued Expenses	73.88	68.05	60.12	56.3	59.72
Short-Term Debt	220	-	-	-	-
Current Portion of Leases	-	12.78	-	-	-
Current Income Taxes Payable	49.27	3.68	7.89	28.45	40.46
Other Current Liabilities	-	0.94	-	14.03	-
Total Current Liabilities	385.73	116.75	100.49	136.02	148.89
Long-Term Leases	64.94	59.96	79.68	82.68	88.43
Long-Term Unearned Revenue	-	5	4.54	3.99	-
Other Long-Term Liabilities	199.68	218.85	537.4	303.99	251.83
Total Liabilities	650.35	400.56	722.1	526.68	489.14
Common Stock	0.12	0.12	0.12	0.12	0.12
Additional Paid-In Capital	305.92	350.7	333.29	345.47	330.26
Retained Earnings	1,539	1,406	1,244	1,102	956.97
Treasury Stock	-694.76	-333.37	-260.3	-328.33	-232.71
Comprehensive Income & Other	-4.36	-34.7	-24.37	-37.7	-13.33
Total Common Equity	1,146	1,389	1,293	1,081	1,041
Minority Interest	12.59	-	-	-	-
Shareholders' Equity	1,158	1,389	1,293	1,081	1,041
Total Liabilities & Equity	1,809	1,789	2,015	1,608	1,530
Total Debt	284.94	72.74	79.68	82.68	88.43
Net Cash (Debt)	234.8	570.78	471.29	422.48	443.19
Net Cash Growth	-58.86%	21.11%	11.55%	-4.67%	14.68%
Net Cash Per Share	6.32	15.15	12.52	11.22	11.63
Filing Date Shares Outstanding	36.6	37.69	37.87	37.61	37.84
Total Common Shares Outstanding	36.6	37.65	37.9	37.65	37.92
Working Capital	693.62	1,083	1,368	1,053	943.37
Book Value Per Share	31.30	36.89	34.12	28.72	27.46
Tangible Book Value	751.37	1,054	937.15	828.24	770.14
Tangible Book Value Per Share	20.53	27.99	24.73	22.00	20.31
Machinery	-	64.49	57.03	53.02	61.97
Leasehold Improvements	-	31.39	31.21	30.66	31.02

Source: S&P Global Market Intelligence. Standard template. Financial Sources.