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MarketAxess Holdings Inc. (MKTX)
NASDAQ: MKTX · Real-Time Price · USD
190.15
+1.42 (0.75%)
At close: Aug 25, 2025, 4:00 PM
190.15
0.00 (0.00%)
After-hours: Aug 25, 2025, 4:37 PM EDT

MarketAxess Holdings Revenue by Segment

Period EndingJun 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
728.27M708.18M711.71M708.84M678.94M665.85M662.96M649.52M
Commissions Growth
7.27%6.36%7.35%9.13%4.10%1.34%3.40%3.32%
Information Services
52.11M51.56M50.54M49.30M48.14M47.25M46.38M44.86M
Information Services Growth
8.23%9.12%8.96%9.89%12.55%16.63%17.98%16.60%
Post-Trade Services
43.52M42.85M42.49M42.46M41.91M40.93M40.18M38.05M
Post-Trade Services Growth
3.84%4.68%5.75%11.60%12.62%10.78%8.95%1.67%
Other
13.26M12.77M12.36M11.34M8.52M5.67M3.02M772.00K
Other Growth
55.71%125.25%309.00%1,369.17%895.91%536.14%226.35%-14.51%

Average Daily Volume, Rates Breakdown

Period EndingJun 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
30.76B25.94B25.95B25.30B19.63B17.14B16.11B17.71B
US Government Bonds ADV Growth
56.65%51.28%61.13%42.84%29.49%-28.72%-10.65%-12.02%
Agency and Other Government Bonds ADV
1.46B1.05B1.20B1.10B792.00M506.00M427.00M416.00M
Agency and Other Government Bonds ADV Growth
84.09%106.92%179.86%163.94%80.41%18.22%19.94%24.92%

Average Daily Volume by Type

Period EndingJun 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
32.20B26.98B27.15B26.40B20.43B17.65B16.53B18.13B
Rates Growth
57.64%52.88%64.20%45.62%30.92%-27.90%-10.06%-42.34%
Credit
16.80B15.92B13.88B14.12B13.74B14.98B13.11B11.16B
Credit Growth
22.24%6.27%5.91%26.53%12.41%9.19%8.85%1.66%

Average Daily Volume, Credit Breakdown

Period EndingJun 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
7.76B7.56B6.45B7.03B6.44B7.48B6.22B5.18B
High-Grade Growth
20.57%1.16%3.85%35.68%12.97%18.01%13.27%1.07%
Emerging Markets
4.02B3.94B3.46B3.33B3.34B3.63B2.93B2.80B
Emerging Markets Growth
20.41%8.51%18.18%19.08%22.96%17.32%9.79%7.99%
Eurobonds
2.68B2.35B2.00B1.89B2.10B2.05B1.77B1.48B
Eurobonds Growth
27.48%14.82%13.24%27.43%8.29%10.60%12.62%18.25%
High-Yield
1.69B1.48B1.35B1.28B1.34B1.40B1.65B1.29B
High-Yield Growth
26.55%5.36%-18.63%-1.24%-9.29%-29.36%-8.42%-20.42%
Other Credit
644.00M598.00M620.00M577.00M530.00M432.00M546.00M400.00M
Other Credit Growth
21.51%38.43%13.55%44.25%32.83%-6.49%6.02%6.10%

Commission Revenue by Type

Period EndingJun 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
594.65M575.02M578.54M573.69M541.23M526.05M521.76M510.31M
Variable Growth
9.87%9.31%10.88%12.42%4.52%-0.06%1.50%1.58%
Fixed
133.62M133.16M133.17M135.14M137.71M139.80M141.21M139.20M
Fixed Growth
-2.97%-4.75%-5.70%-2.92%2.48%6.97%11.05%10.26%

Operating Expense Breakdown

Period EndingJun 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
244.98M236.53M235.88M233.84M224.28M215.88M206.93M193.68M
Employee Compensation Growth
9.23%9.57%13.99%20.74%18.29%15.65%13.63%8.07%
Technology and Communications
74.81M73.16M72.17M70.60M67.39M64.85M62.80M59.69M
Technology and Communications Growth
11.02%12.81%14.91%18.29%15.16%16.28%18.57%19.18%
Depreciation and Amortization
74.70M73.86M73.82M74.81M73.65M72.30M70.56M66.76M
Depreciation and Amortization Growth
1.43%2.16%4.63%12.07%14.18%15.24%14.83%10.67%
Professional Consulting Fees
26.92M27.40M27.38M28.66M30.85M31.20M31.94M32.18M
Professional Consulting Fees Growth
-12.74%-12.20%-14.26%-10.95%0.95%-0.80%-5.93%-12.64%
General and Administratives
24.20M23.69M22.71M22.81M22.13M22.02M23.04M22.42M
General and Administratives Growth
9.37%7.56%-1.45%1.75%1.30%2.42%20.01%31.21%
Clearing Costs
17.46M17.14M17.86M18.03M17.31M17.37M17.00M17.01M
Clearing Costs Growth
0.89%-1.33%5.06%6.02%-1.39%-1.50%-3.74%1.30%
Occupancy
14.93M14.89M14.69M14.88M14.55M14.03M14.22M13.97M
Occupancy Growth
2.62%6.11%3.33%6.52%5.06%-2.20%0.67%0.43%
Marketing and Advertising
11.88M11.94M11.71M10.39M9.59M9.89M11.05M11.85M
Marketing and Advertising Growth
23.92%20.77%6.01%-12.31%-16.92%-11.59%10.74%25.46%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.