MarketAxess Holdings Inc. (MKTX) — Financial statements
Income statement, balance sheet, and cash flow for MarketAxess Holdings Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 849↑3.8% | 818↑8.9% | 751↑4.5% | 719↑2.5% | 701 | |
| Cost of Revenue | 256↑4.7% | 244↑7.7% | 227↑13.8% | 199↑15.7% | 172 | |
| Gross Profit | 593↑3.5% | 574↑9.4% | 524↑0.9% | 519↓1.8% | 529 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 243↑3.7% | 235↑14.3% | 205↑6.6% | 193↑0.6% | 192 | |
| Operating Expenses | 243↑3.7% | 235↑14.3% | 205↑6.6% | 193↑0.6% | 192 | |
| Total Costs & Expenses | 499↑4.2% | 479↑10.8% | 432↑10.3% | 392↑7.7% | 364 | |
| Operating Results | ||||||
| Operating Income | 350↑3.3% | 339↑6.3% | 319↓2.5% | 327↓3.1% | 337 | |
| Depreciation & Amortization | 84↑4.7% | 80↑5.3% | 76↑13.8% | 67↑11.5% | 60 | |
| EBITDA | 453↑2.3% | 443↑7.7% | 411↑1.2% | 406↑2.8% | 395 | |
| EBIT | 368↑1.7% | 362↑8.2% | 335↓1.3% | 339↑1.3% | 335 | |
| Interest & Other Income | ||||||
| Net Interest Income | 23↓6.3% | 24↑19.6% | 20↑371.0% | 4↑1084.1% | -0.44 | |
| Interest Income | 24↓6.3% | 26↑16.1% | 22↑344.9% | 5↑1156.9% | 0.40 | |
| Interest Expense | 1↓7.1% | 2↓19.3% | 2↑183.3% | 0.70↓16.9% | 0.84 | |
| Non-Operating Income | -19↑20.4% | -23↓45.5% | -16↓31.4% | -12↓588.0% | 2 | |
| Other Income / Expenses | 17↓21.4% | 22↑54.7% | 14↑22.1% | 11↑443.9% | -3 | |
| Income Before Tax | 367↑1.8% | 361↑8.4% | 333↓1.7% | 338↑1.3% | 334 | |
| Income Tax Expense | 120↑39.0% | 86↑15.7% | 75↓15.2% | 88↑15.8% | 76 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 247↓9.9% | 274↑6.2% | 258↑3.1% | 250↓3.0% | 258 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 247↓10.0% | 274↑6.2% | 258↑3.1% | 250↓3.0% | 258 | |
| Bottom-Line Net Income | 247↓10.0% | 274↑6.2% | 258↑3.1% | 250↓3.0% | 258 | |
| EPS (Basic) | 6.66↓8.6% | 7.29↑6.1% | 6.87↑2.8% | 6.68↓2.9% | 6.88 | |
| EPS (Diluted) | 6.66↓8.5% | 7.28↑6.3% | 6.85↑3.0% | 6.65↓1.8% | 6.77 | |
| Weighted Average Shares | 37↓2.1% | 38↑0.1% | 38↑0.2% | 37↓0.1% | 38 | |
| Weighted Average Diluted Shares | 37↓2.3% | 38↑0.0% | 38↑0.0% | 38↓1.2% | 38 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.