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MarketAxess Holdings Inc. (MKTX)
NASDAQ: MKTX · Real-Time Price · USD
167.24
-0.01 (-0.01%)
At close: Dec 5, 2025, 4:00 PM EST
167.01
-0.23 (-0.14%)
After-hours: Dec 5, 2025, 5:25 PM EST

MarketAxess Holdings Revenue by Segment
Period Ending Sep 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
728.05M 728.27M 708.18M 711.71M 708.84M 678.94M 665.85M 662.96M
Commissions Growth
2.71% 7.27% 6.36% 7.35% 9.13% 4.10% 1.34% 3.40%
Information Services
52.93M 52.11M 51.56M 50.54M 49.30M 48.14M 47.25M 46.38M
Information Services Growth
7.36% 8.23% 9.12% 8.96% 9.89% 12.55% 16.63% 17.98%
Post-Trade Services
44.43M 43.52M 42.85M 42.49M 42.46M 41.91M 40.93M 40.18M
Post-Trade Services Growth
4.64% 3.84% 4.68% 5.75% 11.60% 12.62% 10.78% 8.95%
Other
13.85M 13.26M 12.77M 12.36M 11.34M 8.52M 5.67M 3.02M
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 Ending Sep 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
23.13B 30.76B 25.94B 25.95B 25.30B 19.63B 17.14B 16.11B
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
1.17B 1.46B 1.05B 1.20B 1.10B 792.00M 506.00M 427.00M
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 Ending Sep 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
24.30B 32.20B 26.98B 27.15B 26.40B 20.43B 17.65B 16.53B
Rates Growth
-7.97% 57.64% 52.88% 64.20% 45.62% 30.92% -27.90% -10.06%
Credit
14.54B 16.80B 15.92B 13.88B 14.12B 13.74B 14.98B 13.11B
Credit Growth
2.97% 22.24% 6.27% 5.91% 26.53% 12.41% 9.19% 8.85%

Average Daily Volume, Credit Breakdown
Period Ending Sep 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
6.56B 7.76B 7.56B 6.45B 7.03B 6.44B 7.48B 6.22B
High-Grade Growth
-6.67% 20.57% 1.16% 3.85% 35.68% 12.97% 18.01% 13.27%
Emerging Markets
3.80B 4.02B 3.94B 3.46B 3.33B 3.34B 3.63B 2.93B
Emerging Markets Growth
14.10% 20.41% 8.51% 18.18% 19.08% 22.96% 17.32% 9.79%
Eurobonds
2.20B 2.68B 2.35B 2.00B 1.89B 2.10B 2.05B 1.77B
Eurobonds Growth
16.13% 27.48% 14.82% 13.24% 27.43% 8.29% 10.60% 12.62%
High-Yield
1.35B 1.69B 1.48B 1.35B 1.28B 1.34B 1.40B 1.65B
High-Yield Growth
5.40% 26.55% 5.36% -18.63% -1.24% -9.29% -29.36% -8.42%
Other Credit
631.00M 644.00M 598.00M 620.00M 587.00M 530.00M 432.00M 546.00M
Other Credit Growth
7.50% 21.51% 38.43% 13.55% 46.75% 32.83% -6.49% 6.02%

Commission Revenue by Type
Period Ending Sep 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
593.86M 594.65M 575.02M 578.54M 573.69M 541.23M 526.05M 521.76M
Variable Growth
3.52% 9.87% 9.31% 10.88% 12.42% 4.52% -0.06% 1.50%
Fixed
134.19M 133.62M 133.16M 133.17M 135.14M 137.71M 139.80M 141.21M
Fixed Growth
-0.71% -2.97% -4.75% -5.70% -2.92% 2.48% 6.97% 11.05%

Operating Expense Breakdown
Period Ending Sep 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
246.53M 244.98M 236.53M 235.88M 233.84M 224.28M 215.88M 206.93M
Employee Compensation Growth
5.43% 9.23% 9.57% 13.99% 20.74% 18.29% 15.65% 13.63%
Technology and Communications
76.22M 74.81M 73.16M 72.17M 70.60M 67.39M 64.85M 62.80M
Technology and Communications Growth
7.96% 11.02% 12.81% 14.91% 18.29% 15.16% 16.28% 18.57%
Depreciation and Amortization
75.63M 74.70M 73.86M 73.82M 74.81M 73.65M 72.30M 70.56M
Depreciation and Amortization Growth
1.09% 1.43% 2.16% 4.63% 12.07% 14.18% 15.24% 14.83%
Professional Consulting Fees
27.31M 26.92M 27.40M 27.38M 28.66M 30.85M 31.20M 31.94M
Professional Consulting Fees Growth
-4.70% -12.74% -12.20% -14.26% -10.95% 0.95% -0.80% -5.93%
General and Administratives
24.46M 24.20M 23.69M 22.71M 22.81M 22.13M 22.02M 23.04M
General and Administratives Growth
7.23% 9.37% 7.56% -1.45% 1.75% 1.30% 2.42% 20.01%
Clearing Costs
17.02M 17.46M 17.14M 17.86M 18.03M 17.31M 17.37M 17.00M
Clearing Costs Growth
-5.59% 0.89% -1.33% 5.06% 6.02% -1.39% -1.50% -3.74%
Occupancy
14.95M 14.93M 14.89M 14.69M 14.88M 14.55M 14.03M 14.22M
Occupancy Growth
0.49% 2.62% 6.11% 3.33% 6.52% 5.06% -2.20% 0.67%
Marketing and Advertising
11.33M 11.88M 11.94M 11.71M 10.39M 9.59M 9.89M 11.05M
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.