About MarketAxess Holdings Inc.
https://www.marketaxess.comMarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities.

CEO
Christopher Robert Concannon
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 239
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades

Argus Research
Buy

UBS
Buy

Citigroup
Buy

Morgan Stanley
Equal Weight

Barclays
Equal Weight

Keefe, Bruyette & Woods
Market Perform
Grade Summary
Showing Top 6 of 10
Price Target
Institutional Ownership

LOMBARD ODIER ASSET MANAGEMENT (EUROPE) LTD
Shares:4.61M
Value:$797.25M

VANGUARD GROUP INC
Shares:3.85M
Value:$665.95M

BLACKROCK INC.
Shares:2.95M
Value:$509.6M
Summary
Showing Top 3 of 625
About MarketAxess Holdings Inc.
https://www.marketaxess.comMarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $208.82M ▼ | $39.35M ▼ | $68.18M ▼ | 32.65% ▲ | $1.84 ▼ | $115.39M ▼ |
| Q2-2025 | $219.46M ▲ | $57.91M ▲ | $71.18M ▲ | 32.43% ▲ | $1.91 ▲ | $118.61M ▲ |
| Q1-2025 | $208.58M ▲ | $54.09M ▼ | $15.06M ▼ | 7.22% ▼ | $0.4 ▼ | $116.37M ▲ |
| Q4-2024 | $202.4M ▼ | $58.59M ▲ | $65.14M ▼ | 32.18% ▼ | $1.74 ▼ | $105.07M ▼ |
| Q3-2024 | $206.72M | $56.84M | $71.49M | 34.58% | $1.91 | $113.76M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $473.3M ▲ | $2.01B ▲ | $623.73M ▲ | $1.38B ▼ |
| Q2-2025 | $462.84M ▼ | $1.97B ▲ | $574.04M ▲ | $1.39B ▲ |
| Q1-2025 | $555.08M ▼ | $1.88B ▲ | $530.78M ▲ | $1.35B ▼ |
| Q4-2024 | $649.25M ▲ | $1.79B ▼ | $400.56M ▼ | $1.39B ▲ |
| Q3-2024 | $518.75M | $1.83B | $446.8M | $1.39B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $68.27M ▼ | $90.16M ▼ | $-11.82M ▲ | $-81.61M ▼ | $-7.68M ▼ | $77.17M ▼ |
| Q2-2025 | $71.18M ▲ | $103.71M ▲ | $-51.03M ▼ | $-65.25M ▲ | $6M ▲ | $91M ▲ |
| Q1-2025 | $15.06M ▼ | $29.63M ▼ | $-17.15M ▼ | $-77.07M ▼ | $-56.01M ▼ | $12.67M ▼ |
| Q4-2024 | $65.14M ▼ | $176.25M ▲ | $-11.67M ▲ | $-44.91M ▼ | $100.45M ▲ | $165.2M ▲ |
| Q3-2024 | $71.49M | $95.09M | $-41.52M | $-42.45M | $25.88M | $82.92M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Commission Revenue | $350.00M ▲ | $180.00M ▼ | $190.00M ▲ | $180.00M ▼ |
Information Services | $30.00M ▲ | $10.00M ▼ | $10.00M ▲ | $10.00M ▲ |
Post Trade Services | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $20.00M ▲ |
Technology Services | $0 ▲ | $0 ▲ | $0 ▲ | $10.00M ▲ |
Revenue by Geography
| Region | Q3-2024 | Q3-2025 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
Other | $0 ▲ | $0 ▲ | $20.00M ▲ | $30.00M ▲ |
UNITED KINGDOM | $0 ▲ | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ |
UNITED STATES | $0 ▲ | $140.00M ▲ | $140.00M ▲ | $150.00M ▲ |
Americas | $170.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |
Europe | $40.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |
Other Geographic Area | $10.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |

CEO
Christopher Robert Concannon
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 239
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades

Argus Research
Buy

UBS
Buy

Citigroup
Buy

Morgan Stanley
Equal Weight

Barclays
Equal Weight

Keefe, Bruyette & Woods
Market Perform
Grade Summary
Showing Top 6 of 10
Price Target
Institutional Ownership

LOMBARD ODIER ASSET MANAGEMENT (EUROPE) LTD
Shares:4.61M
Value:$797.25M

VANGUARD GROUP INC
Shares:3.85M
Value:$665.95M

BLACKROCK INC.
Shares:2.95M
Value:$509.6M
Summary
Showing Top 3 of 625




