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MarketAxess Holdings Inc. (MKTX)
NASDAQ: MKTX · Real-Time Price · USD
112.54
+3.45 (3.16%)
At close: Jun 26, 2026, 4:00 PM EDT
113.00
+0.46 (0.41%)
After-hours: Jun 26, 2026, 6:36 PM EDT

MarketAxess Holdings Revenue by Segment
Period Ending Mar 31, 2026Dec 31, 2025Sep 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
756.75M 734.62M 728.05M 728.27M 708.18M 711.71M 708.84M 678.94M
Commissions Growth
6.86% 3.22% 2.71% 7.27% 6.36% 7.35% 9.13% 4.10%
Information Services
54.77M 53.23M 52.93M 52.11M 51.56M 50.54M 49.30M 48.14M
Information Services Growth
6.22% 5.32% 7.36% 8.23% 9.12% 8.96% 9.89% 12.55%
Post-Trade Services
45.01M 44.49M 44.43M 43.52M 42.85M 42.49M 42.46M 41.91M
Post-Trade Services Growth
5.05% 4.72% 4.64% 3.84% 4.68% 5.75% 11.60% 12.62%
Other
13.54M 12.92M 13.85M 13.26M 12.77M 12.36M 11.34M 8.52M
Other Growth
6.05% 4.56% 22.11% 55.71% 125.25% 309.00% 1,369.17% 895.91%

Average Daily Volume, Rates Breakdown
Period Ending Mar 31, 2026Dec 31, 2025Sep 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
105.22B 101.64B 105.77B 107.95B 96.82B 88.03B 78.19B 70.60B
US Government Bonds ADV Growth
8.67% 15.46% 35.29% 52.90% 46.42% 20.53% 4.31% -8.76%
Agency and Other Government Bonds ADV
4.97B 4.36B 4.87B 4.80B 4.13B 3.59B 2.82B 2.14B
Agency and Other Government Bonds ADV Growth
20.26% 21.33% 72.37% 124.10% 131.10% 110.00% 72.24% 37.60%

Average Daily Volume by Type
Period Ending Mar 31, 2026Dec 31, 2025Sep 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
110.17B 105.98B 110.63B 112.73B 100.96B 91.62B 81.01B 72.74B
Rates Growth
9.13% 15.67% 36.56% 54.98% 48.65% 22.58% 5.76% -19.09%
Credit
65.35B 62.64B 61.14B 60.72B 57.66B 56.72B 55.95B 52.99B
Credit Growth
13.33% 10.43% 9.28% 14.59% 12.03% 12.97% 13.84% 8.22%

Average Daily Volume, Credit Breakdown
Period Ending Mar 31, 2026Dec 31, 2025Sep 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
29.55B 28.73B 28.33B 28.80B 27.48B 27.39B 27.15B 25.31B
High-Grade Growth
7.54% 4.88% 4.35% 13.82% 11.86% 16.93% 19.63% 11.76%
Emerging Markets
16.92B 15.75B 15.22B 14.75B 14.07B 13.76B 13.23B 12.69B
Emerging Markets Growth
20.28% 14.44% 15.06% 16.20% 16.55% 19.29% 17.33% 14.70%
Eurobonds
10.11B 9.63B 9.23B 8.92B 8.34B 8.04B 7.81B 7.40B
Eurobonds Growth
21.20% 19.80% 18.19% 20.57% 15.27% 14.17% 14.06% 11.85%
High-Yield
6.23B 6.06B 5.86B 5.79B 5.44B 5.36B 5.67B 5.68B
High-Yield Growth
14.59% 13.00% 3.37% 1.86% -6.63% -16.29% -13.53% -17.47%
Other Credit
2.53B 2.47B 2.49B 2.45B 2.34B 2.17B 2.10B 1.91B
Other Credit Growth
8.39% 13.88% 19.00% 28.35% 31.40% 20.03% 17.96% 8.84%

Commission Revenue by Type
Period Ending Mar 31, 2026Dec 31, 2025Sep 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
622.42M 600.45M 593.86M 594.65M 575.02M 578.54M 573.69M 541.23M
Variable Growth
8.24% 3.79% 3.52% 9.87% 9.31% 10.88% 12.42% 4.52%
Fixed
304.29M 134.18M 134.19M 133.62M 133.16M 133.17M 135.14M 137.71M
Fixed Growth
128.51% 0.76% -0.71% -2.97% -4.75% -5.70% -2.92% 2.48%

Operating Expense Breakdown
Period Ending Mar 31, 2026Dec 31, 2025Sep 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
256.82M 248.54M 246.53M 244.98M 236.53M 235.88M 233.84M 224.28M
Employee Compensation Growth
8.58% 5.37% 5.43% 9.23% 9.57% 13.99% 20.74% 18.29%
Technology and Communications
80.61M 78.29M 76.22M 74.81M 73.16M 72.17M 70.60M 67.39M
Technology and Communications Growth
10.17% 8.49% 7.96% 11.02% 12.81% 14.91% 18.29% 15.16%
Depreciation and Amortization
77.67M 76.70M 75.63M 74.70M 73.86M 73.82M 74.81M 73.65M
Depreciation and Amortization Growth
5.16% 3.89% 1.09% 1.43% 2.16% 4.63% 12.07% 14.18%
Professional Consulting Fees
31.45M 31.49M 27.31M 26.92M 27.40M 27.38M 28.66M 30.85M
Professional Consulting Fees Growth
14.80% 14.99% -4.70% -12.74% -12.20% -14.26% -10.95% 0.95%
General and Administratives
26.61M 26.59M 24.46M 24.20M 23.69M 22.71M 22.81M 22.13M
General and Administratives Growth
12.35% 17.08% 7.23% 9.37% 7.56% -1.45% 1.75% 1.30%
Clearing Costs
16.82M 16.58M 17.02M 17.46M 17.14M 17.86M 18.03M 17.31M
Clearing Costs Growth
-1.83% -7.17% -5.59% 0.89% -1.33% 5.06% 6.02% -1.39%
Occupancy
15.24M 15.04M 14.95M 14.93M 14.89M 14.69M 14.88M 14.55M
Occupancy Growth
2.34% 2.37% 0.49% 2.62% 6.11% 3.33% 6.52% 5.06%
Marketing and Advertising
11.48M 11.20M 11.33M 11.88M 11.94M 11.71M 10.39M 9.59M
Marketing and Advertising Growth
-3.89% -4.35% 9.12% 23.92% 20.77% 6.01% -12.31% -16.92%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.