MarketAxess Holdings, Inc. (MKTX)

Nasdaq: MKTX · Security Brokers, Dealers & Flotation Companies · New York, NY · filing with the SEC since 2004

Grade5.2

◀ Past 6.4● Present 5.1▶ Future 4.2

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 24, 2026	Feb 24, 2025	Feb 22, 2024	Feb 22, 2023	Feb 23, 2022	Feb 19, 2021	Feb 18, 2020	Feb 20, 2019	Feb 21, 2018	Feb 21, 2017
Revenue	846,268	817,097	752,547	718,300	698,951	689,125	511,352	435,565	393,422	367,730
For lenders
Interest and dividend income	·	·	22,425	5,040	401	2,446	·	·	·	·
Interest and investment income	·	·	·	·	401	2,446	8,063	6,112	3,619	2,137
For insurers
Net investment income	·	·	·	·	·	·	·	·	3,619	2,137
General and administrative	26,588	22,709	23,042	19,200	14,501	12,697	15,696	11,353	11,121^r	9,157^r
Total operating expenses	504,430	476,227	437,528	391,424	361,716	314,397	260,470	222,981	193,807^r	177,745^r
Operating income	341,838	340,870	315,019	326,876	337,235	374,728	250,882	212,584	199,615	189,985
Interest expense	1,487	1,601	1,983	700	842	1,142	·	·	·	·
Share of profit of equity-method investments	457	1,395	735	1,126	0	0	·	·	·	·
Other income (expense), net	1,790	-6,164	-3,496	5,946	-2,871	-1,673	-1,521	-610	-1,466	-520
Total non-operating income (expense)	25,157	19,676	17,681	11,412	-3,312	-369	6,542	5,502	2,153	1,617
Income before income taxes	366,995	360,546	332,700	338,288	333,923	374,359	257,424	218,086	201,768	191,602
Income tax expense	120,083	86,365	74,645	88,064	76,035	74,982	52,522	45,234	53,679	65,430
Net income including non-controlling interests	246,912	274,181	258,055	·	·	·	·	·	·	·
Net income to non-controlling interests	285	0	0	·	·	·	·	·	·	·
Net income	246,627	274,181	258,055	250,224	257,888	299,377	204,902	172,852	148,089	126,172
Earnings per share, basic	6.66	7.29	6.87	6.68	6.88	8.01	5.53	4.68	4.02	3.42
Earnings per share, diluted	6.64	7.28	6.85	6.65	6.77	7.85	5.40	4.57	3.89	3.34
Weighted average shares, basic	37,056	37,600	37,546	37,468	37,508	37,359	37,083	36,958	36,864	36,844
Weighted average shares, diluted	37,137	37,672	37,654	37,643	38,097	38,144	37,956	37,855	38,038	37,738

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNonoperating

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton MKTX · research, not advice