MarketAxess Holdings financials
$163.96+0.01%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $846.3M | $817.1M | $752.5M | $718.3M | $699.4M | $691.6M | $511.4M | $435.6M | $393.4M | $367.7M |
| Gross profit | $846.3M | $817.1M | $752.5M | $718.3M | $699.4M | $691.6M | $511.4M | $435.6M | $393.4M | $367.7M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $341.8M | $340.9M | $315.0M | $326.9M | $337.6M | $377.2M | $250.9M | $212.6M | $199.6M | $190.0M |
| Net income | $246.6M | $274.2M | $258.1M | $250.2M | $257.9M | $299.4M | $204.9M | $172.9M | $148.1M | $126.2M |
| Net margin | 29.1% | 33.6% | 34.3% | 34.8% | 36.9% | 43.3% | 40.1% | 39.7% | 37.6% | 34.3% |
| Diluted EPS | $6.64 | $7.28 | $6.85 | $6.65 | $6.77 | $7.85 | $5.40 | $4.57 | $3.89 | $3.34 |
| EBITDA | $418.5M | $414.7M | $385.6M | $388.3M | $397.9M | $420.0M | $277.7M | $235.7M | $218.9M | $207.8M |
| Operating cash flow | $382.1M | $385.2M | $333.8M | $289.2M | $282.1M | $404.5M | $265.9M | $223.9M | $168.0M | $89.7M |
| Free cash flow | $373.9M | $375.3M | $324.4M | $276.1M | $264.6M | $389.5M | $253.6M | $188.0M | $155.9M | $83.4M |
| Diluted shares | 37.1M | 37.7M | 37.7M | 37.6M | 38.1M | 38.1M | 38.0M | 37.9M | 38.0M | 37.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $519.7M | $544.5M | $451.3M | $430.7M | $506.7M | $460.9M |
| Short-term investments | $170.7M | $165.3M | $134.9M | $83.8M | $36.1M | $28.1M |
| Total debt | $220.0M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $1.93B | $1.79B | $2.02B | $1.61B | $1.53B | $1.33B |
| Total liabilities | $776.6M | $400.6M | $722.1M | $526.7M | $489.1M | $376.4M |
| Shareholders' equity | $1.15B | $1.39B | $1.29B | $1.08B | $1.04B | $955.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology