MarketAxess Holdings Inc. (MKTX)
NASDAQ: MKTX · Real-Time Price · USD
164.67
+0.01 (0.01%)
Oct 23, 2026, 4:00 PM EDT - Market closed
MarketAxess Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Operating Revenue | 871.61 | 846.27 | 817.1 | 752.55 | 718.3 | 698.95 |
| 871.61 | 846.27 | 817.1 | 752.55 | 718.3 | 698.95 | |
Revenue Growth | 3.85% | 3.57% | 8.58% | 4.77% | 2.77% | 1.43% |
Cost of Revenue | 336.55 | 321.39 | 307.66 | 269.63 | 235.07 | 213.39 |
Gross Profit | 535.06 | 524.88 | 509.44 | 482.92 | 483.23 | 485.56 |
Selling, General & Admin | 111.64 | 101.29 | 94.75 | 97.34 | 94.97 | 94.85 |
Operating Expenses | 188.8 | 177.99 | 168.57 | 167.9 | 156.42 | 148.3 |
Operating Income | 346.26 | 346.89 | 340.87 | 315.02 | 326.81 | 337.26 |
Interest Expense | -7.16 | -1.49 | -1.6 | -1.98 | -0.7 | -0.84 |
Interest & Investment Income | 19.08 | 24.4 | 26.05 | 22.43 | 5.04 | 0.4 |
Earnings From Equity Investments | - | 0.46 | 1.4 | 0.74 | 1.13 | - |
Currency Exchange Gain (Loss) | 4.45 | 4.45 | -1.69 | 2.12 | -0.89 | - |
Other Non Operating Income (Expenses) | -10.5 | -3.84 | -3.45 | -6.05 | 6.9 | -2.9 |
EBT Excluding Unusual Items | 352.13 | 370.87 | 361.57 | 332.27 | 338.29 | 333.92 |
Merger & Restructuring Charges | -5.61 | -5.61 | - | - | - | - |
Gain (Loss) on Sale of Investments | 1.74 | 1.74 | -1.02 | 0.44 | - | - |
Pretax Income | 348.26 | 367 | 360.55 | 332.7 | 338.29 | 333.92 |
Income Tax Expense | 55.41 | 120.08 | 86.37 | 74.65 | 88.06 | 76.04 |
Earnings From Continuing Operations | 292.85 | 246.91 | 274.18 | 258.06 | 250.22 | 257.89 |
Minority Interest in Earnings | -0.77 | -0.29 | - | - | - | - |
Net Income | 292.08 | 246.63 | 274.18 | 258.06 | 250.22 | 257.89 |
Net Income to Common | 292.08 | 246.63 | 274.18 | 258.06 | 250.22 | 257.89 |
Net Income Growth | 33.05% | -10.05% | 6.25% | 3.13% | -2.97% | -13.86% |
Shares Outstanding (Basic) | 36 | 37 | 38 | 38 | 37 | 38 |
Shares Outstanding (Diluted) | 36 | 37 | 38 | 38 | 38 | 38 |
Shares Change | -4.60% | -1.42% | 0.05% | 0.03% | -1.19% | -0.12% |
EPS (Basic) | 8.21 | 6.66 | 7.29 | 6.87 | 6.68 | 6.88 |
EPS (Diluted) | 8.19 | 6.64 | 7.28 | 6.85 | 6.65 | 6.77 |
EPS Growth | 39.51% | -8.79% | 6.28% | 3.01% | -1.77% | -13.76% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | - | 373.94 | 375.3 | 324.44 | 276.09 | 264.6 |
Free Cash Flow Per Share | - | 10.07 | 9.96 | 8.62 | 7.33 | 6.95 |
Dividend Per Share | 3.100 | 3.040 | 2.960 | 2.880 | 2.800 | 2.640 |
Dividend Growth | 2.65% | 2.70% | 2.78% | 2.86% | 6.06% | 10.00% |
Gross Margin | 61.39% | 62.02% | 62.35% | 64.17% | 67.27% | 69.47% |
Operating Margin | 39.73% | 40.99% | 41.72% | 41.86% | 45.50% | 48.25% |
Profit Margin | 33.51% | 29.14% | 33.56% | 34.29% | 34.84% | 36.90% |
Free Cash Flow Margin | - | 44.19% | 45.93% | 43.11% | 38.44% | 37.86% |
EBITDA | 423.79 | 423.59 | 414.69 | 385.58 | 388.26 | 390.71 |
EBITDA Margin | 48.62% | 50.05% | 50.75% | 51.24% | 54.05% | 55.90% |
D&A For EBITDA | 77.53 | 76.7 | 73.82 | 70.56 | 61.45 | 53.45 |
EBIT | 346.26 | 346.89 | 340.87 | 315.02 | 326.81 | 337.26 |
EBIT Margin | 39.73% | 40.99% | 41.72% | 41.86% | 45.50% | 48.25% |
Effective Tax Rate | 15.91% | 32.72% | 23.95% | 22.44% | 26.03% | 22.77% |
Revenue as Reported | 871.61 | 846.27 | 817.1 | 752.55 | 718.3 | 698.95 |