Marketaxess Holdings Inc (MKTX) Financial Statements
Industry: Security Brokers, Dealers & Flotation Companies
In fiscal 2025, Marketaxess reported revenue of $846.3M, up 3.6% from $817.1M the year before. Net income was $246.6M (a 29.1% net margin), or $6.64 per diluted share. Operating margin was 40.4%. Operating activities generated $382.1M of cash, leaving $373.9M of free cash flow. At fiscal year end, Marketaxess held $1.93B in total assets against $776.6M in total liabilities, including $519.7M of cash and equivalents.
Open the full interactive Marketaxess financials → Quarterly statements, key ratios, valuation history and price charts.
Marketaxess Key Stats
| Share Price | $164.45 |
|---|---|
| Market Cap | $5.80B |
| P/E Ratio | 24.8 |
| Revenue YoY Growth | +3.6% |
| 52-Week Range | $108.57 – $191.62 |
| Shares Outstanding | 35.2 million (basic, 2026 Q2) |
Marketaxess Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $689.1M | $699.0M | $718.3M | $752.5M | $817.1M | $846.3M |
| Operating Income | $374.7M | $337.2M | $326.9M | $315.0M | $340.9M | $341.8M |
| Pre-Tax Income | $374.4M | $333.9M | $338.3M | $332.7M | $360.5M | $367.0M |
| Income Tax | $75.0M | $76.0M | $88.1M | $74.6M | $86.4M | $120.1M |
| Net Income | $299.4M | $257.9M | $250.2M | $258.1M | $274.2M | $246.6M |
| Diluted EPS | $7.85 | $6.77 | $6.65 | $6.85 | $7.28 | $6.64 |
Marketaxess Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $208.8M | $209.4M | $233.4M | $218.4M |
| Net Income | $68.2M | $92.2M | $77.9M | $68.1M |
| Diluted EPS | $1.84 | $2.48 | $2.20 | $1.93 |
Marketaxess Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $460.9M | $506.7M | $430.7M | $451.3M | $544.5M | $519.7M |
| Total Assets | $1.33B | $1.53B | $1.61B | $2.02B | $1.79B | $1.93B |
| Total Liabilities | $376.4M | $489.1M | $526.7M | $722.1M | $400.6M | $776.6M |
| Shareholders' Equity | $955.1M | $1.04B | $1.08B | $1.29B | $1.39B | $1.15B |
Marketaxess Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $404.5M | $282.1M | $289.2M | $333.8M | $385.2M | $382.1M |
| Cash From Investing | $68.9M | -$67.7M | -$86.3M | -$155.3M | -$86.9M | -$96.9M |
| Cash From Financing | -$145.1M | -$189.8M | -$242.4M | -$147.1M | -$201.4M | -$332.4M |
| Free Cash Flow | $389.5M | $264.6M | $276.1M | $324.4M | $375.3M | $373.9M |
Figures from Marketaxess' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Marketaxess financials page for every line item.
Marketaxess Company Profile
| Ticker | MKTX |
|---|---|
| Exchange | Nasdaq |
| Industry | Security Brokers, Dealers & Flotation Companies |
| Headquarters | New York, New York |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001278021 |
Frequently Asked Questions
What was Marketaxess' revenue in fiscal 2025?
Marketaxess (MKTX) reported revenue of $846.3M for fiscal 2025.
What is Marketaxess' annual revenue history?
Marketaxess' annual revenue by fiscal year: 2020: $689.1M; 2021: $699.0M; 2022: $718.3M; 2023: $752.5M; 2024: $817.1M; 2025: $846.3M.
What was Marketaxess' net income in fiscal 2025?
Marketaxess reported net income of $246.6M for fiscal 2025.
What was Marketaxess' earnings per share (EPS) in fiscal 2025?
Marketaxess' diluted EPS was $6.64 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Marketaxess generate in fiscal 2025?
Marketaxess generated $373.9M of free cash flow in fiscal 2025.
What was Marketaxess' revenue last quarter?
In its most recent reported quarter (2026 Q2), Marketaxess reported revenue of $218.4M.
How many shares of Marketaxess are outstanding?
Marketaxess reported a weighted average of 35.2 million basic shares outstanding in 2026 Q2.
What is Marketaxess' market cap?
Based on its latest closing price, Marketaxess (MKTX) has a market capitalization of about $5.80B.
When does Marketaxess' fiscal year end?
Marketaxess' fiscal year end, as registered with the SEC, is December 31.
Where is Marketaxess headquartered?
Marketaxess lists its business address in New York, New York in its SEC filings.
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