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MarketAxess Holdings Inc. (MKTX)
NASDAQ: MKTX · Real-Time Price · USD
178.97
-0.02 (-0.01%)
Dec 15, 2025, 1:21 PM EST - Market open

MarketAxess Holdings Revenue by Segment

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018
Commissions
728.05M728.27M708.18M711.71M708.84M678.94M665.85M662.96M
Commissions Growth
2.71%7.27%6.36%7.35%9.13%4.10%1.34%3.40%
Information Services
52.93M52.11M51.56M50.54M49.30M48.14M47.25M46.38M
Information Services Growth
7.36%8.23%9.12%8.96%9.89%12.55%16.63%17.98%
Post-Trade Services
44.43M43.52M42.85M42.49M42.46M41.91M40.93M40.18M
Post-Trade Services Growth
4.64%3.84%4.68%5.75%11.60%12.62%10.78%8.95%
Other
13.85M13.26M12.77M12.36M11.34M8.52M5.67M3.02M
Other Growth
22.11%55.71%125.25%309.00%1,369.17%895.91%536.14%226.35%

Average Daily Volume, Rates Breakdown

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022
US Government Bonds ADV
23.13B30.76B25.94B25.95B25.30B19.63B17.14B16.11B
US Government Bonds ADV Growth
-8.58%56.65%51.28%61.13%42.84%29.49%-28.72%-10.65%
Agency and Other Government Bonds ADV
1.17B1.46B1.05B1.20B1.10B792.00M506.00M427.00M
Agency and Other Government Bonds ADV Growth
6.19%84.09%106.92%179.86%163.94%80.41%18.22%19.94%

Average Daily Volume by Type

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020
Rates
24.30B32.20B26.98B27.15B26.40B20.43B17.65B16.53B
Rates Growth
-7.97%57.64%52.88%64.20%45.62%30.92%-27.90%-10.06%
Credit
14.54B16.80B15.92B13.88B14.12B13.74B14.98B13.11B
Credit Growth
2.97%22.24%6.27%5.91%26.53%12.41%9.19%8.85%

Average Daily Volume, Credit Breakdown

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022
High-Grade
6.56B7.76B7.56B6.45B7.03B6.44B7.48B6.22B
High-Grade Growth
-6.67%20.57%1.16%3.85%35.68%12.97%18.01%13.27%
Emerging Markets
3.80B4.02B3.94B3.46B3.33B3.34B3.63B2.93B
Emerging Markets Growth
14.10%20.41%8.51%18.18%19.08%22.96%17.32%9.79%
Eurobonds
2.20B2.68B2.35B2.00B1.89B2.10B2.05B1.77B
Eurobonds Growth
16.13%27.48%14.82%13.24%27.43%8.29%10.60%12.62%
High-Yield
1.35B1.69B1.48B1.35B1.28B1.34B1.40B1.65B
High-Yield Growth
5.40%26.55%5.36%-18.63%-1.24%-9.29%-29.36%-8.42%
Other Credit
631.00M644.00M598.00M620.00M587.00M530.00M432.00M546.00M
Other Credit Growth
7.50%21.51%38.43%13.55%46.75%32.83%-6.49%6.02%

Commission Revenue by Type

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022
Variable
593.86M594.65M575.02M578.54M573.69M541.23M526.05M521.76M
Variable Growth
3.52%9.87%9.31%10.88%12.42%4.52%-0.06%1.50%
Fixed
134.19M133.62M133.16M133.17M135.14M137.71M139.80M141.21M
Fixed Growth
-0.71%-2.97%-4.75%-5.70%-2.92%2.48%6.97%11.05%

Operating Expense Breakdown

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018
Employee Compensation
246.53M244.98M236.53M235.88M233.84M224.28M215.88M206.93M
Employee Compensation Growth
5.43%9.23%9.57%13.99%20.74%18.29%15.65%13.63%
Technology and Communications
76.22M74.81M73.16M72.17M70.60M67.39M64.85M62.80M
Technology and Communications Growth
7.96%11.02%12.81%14.91%18.29%15.16%16.28%18.57%
Depreciation and Amortization
75.63M74.70M73.86M73.82M74.81M73.65M72.30M70.56M
Depreciation and Amortization Growth
1.09%1.43%2.16%4.63%12.07%14.18%15.24%14.83%
Professional Consulting Fees
27.31M26.92M27.40M27.38M28.66M30.85M31.20M31.94M
Professional Consulting Fees Growth
-4.70%-12.74%-12.20%-14.26%-10.95%0.95%-0.80%-5.93%
General and Administratives
24.46M24.20M23.69M22.71M22.81M22.13M22.02M23.04M
General and Administratives Growth
7.23%9.37%7.56%-1.45%1.75%1.30%2.42%20.01%
Clearing Costs
17.02M17.46M17.14M17.86M18.03M17.31M17.37M17.00M
Clearing Costs Growth
-5.59%0.89%-1.33%5.06%6.02%-1.39%-1.50%-3.74%
Occupancy
14.95M14.93M14.89M14.69M14.88M14.55M14.03M14.22M
Occupancy Growth
0.49%2.62%6.11%3.33%6.52%5.06%-2.20%0.67%
Marketing and Advertising
11.33M11.88M11.94M11.71M10.39M9.59M9.89M11.05M
Marketing and Advertising Growth
9.12%23.92%20.77%6.01%-12.31%-16.92%-11.59%10.74%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.