$122.98
-4.9%MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Outstanding operational efficiency. The company generates substantial profit from core operations.
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
MKTX โข NASDAQ
| MarketAxess Holdings Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
849.2M | 817.9M | 750.9M | 718.7M | 701M | 689.1M | 511.4M | 435.6M | 393.4M | 367.7M | 303.1M | 262.8M | 238.7M | 190.8M | 171.9M | 146.2M | 114.4M | 0.0 | 0.0 | 0.0 | |
GROSS PROFIT | ||||||||||||||||||||
(255.8M) | (244.3M) | (226.8M) | (199.2M) | (172.2M) | (177.9M) | (142.4M) | (116.9M) | (108.1M) | (102.7M) | (83.9M) | (75M) | (64.4M) | (54.7M) | (52.4M) | (74.9M) | (65.6M) | (0.0) | (0.0) | (0.0) | |
593.4M | 573.6M | 524.1M | 519.5M | 528.8M | 511.2M | 369M | 318.7M | 285.3M | 265M | 219.2M | 187.8M | 174.3M | 136.2M | 119.4M | 71.3M | 48.9M | 0.0 | 0.0 | 0.0 | |
OPERATING INCOME | ||||||||||||||||||||
(243.4M) | (234.7M) | (205.4M) | (192.7M) | (191.5M) | (136.5M) | (118.1M) | (106.1M) | (85.7M) | (75.1M) | (71.3M) | (69.2M) | (67M) | (46.8M) | (38M) | (20.4M) | (18.8M) | -12.8M | -17.3M | -8.6M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (100.5M) | (91.2M) | (83M) | (66.4M) | (57.2M) | (52.8M) | (51.9M) | (52.9M) | (40M) | (32.8M) | (14M) | (12M) | (72.4M) | (69.2M) | (1.8M) | |
350M | 338.9M | 318.7M | 326.8M | 337.3M | 374.7M | 250.9M | 212.6M | 199.6M | 190M | 147.9M | 118.5M | 107.3M | 89.4M | 81.5M | 50.9M | 30M | 12.8M | 17.3M | 8.6M | |
PRE-TAX INCOME | ||||||||||||||||||||
(1.5M) | (1.6M) | (2M) | (700K) | (842K) | (1.1M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
22.9M | 24.4M | 20.4M | 4.3M | -441K | -1.1M | 8.1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
(243.4M) | (234.7M) | (205.4M) | (192.7M) | (191.5M) | (36M) | (26.9M) | (23.1M) | (19.3M) | (17.8M) | (18.5M) | (17.4M) | (14.1M) | (6.8M) | (5.2M) | (6.4M) | (6.8M) | -85.2M | -86.5M | -10.4M | |
17M | 21.7M | 14M | 11.5M | -3.3M | -369K | 6.5M | 5.5M | 2.2M | 1.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
367M | 360.5M | 332.7M | 338.3M | 333.9M | 374.4M | 257.4M | 218.1M | 201.8M | 191.6M | 147.9M | 118.5M | 107.3M | 89.4M | 81.5M | 50.9M | 30M | 12.8M | 17.3M | 8.6M | |
NET INCOME | ||||||||||||||||||||
(120.1M) | (86.4M) | (74.6M) | (88.1M) | (76M) | (75M) | (52.5M) | (45.2M) | (53.7M) | (65.4M) | (51.9M) | (43.7M) | (38.7M) | (27.6M) | (32M) | (19.5M) | (13.9M) | (4.9M) | (6.9M) | (3.2M) | |
246.6M | 274.2M | 258.1M | 250.2M | 257.9M | 299.4M | 204.9M | 172.9M | 148.1M | 126.2M | 96M | 74.8M | 76M | 60.1M | 47.7M | 31.4M | 16.1M | 7.9M | 10.3M | 5.4M |
MKTX - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K/A 8-K/A 2026 (Amended) N/A | April 17, 2026 | January 22, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 17, 2026 | February 16, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 06, 2026 | February 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 26, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 09, 2025 | December 09, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 07, 2025 | September 30, 2025 | 2025 |
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