MKTX · XBRL financial data

Marketaxess Holdings financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (MKTX's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	172	197*	210	198	207	202*	209	219	209	209*	233	218
General and administrative	5	7*	5	5	6	7*	6	5	6	9*	6	6
Total operating expenses	105	120*	118	116	120	122*	120	128	123	133*	132	129
Operating income (loss)	67	77*	93	81	87	80*	88	92	86	76*	101	90
Interest expense	0	2*	0	1	0	0*	0	0	0	1*	3	2
Other income (expense)	(2)	2*	(2)	(1)	(1)	(2)*	1	(0)	2	(1)*	2	(3)
Income tax expense (benefit)	17	14*	24	21	21	19*	81	26	25	(13)*	26	21
Net income (loss)	55	70*	73	65	71	65*	15	71	68	92*	78	68
Earnings per share, basic USD per share	1.47	1.85*	1.92	1.72	1.90	1.74*	0.40	1.91	1.84	2.52*	2.21	1.93
Earnings per share, diluted USD per share	1.46	1.84*	1.92	1.72	1.90	1.73*	0.40	1.91	1.84	2.51*	2.20	1.93
Weighted average shares, basic millions of shares	37	38*	38	38	38	37*	37	37	37	37*	35	35
Weighted average shares, diluted millions of shares	38	38*	38	38	38	38*	37	37	37	37*	35	35

Fiscal quarters (MKTX's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	420	451	377	434	446	544	486	463	473	520	377	246
Property and equipment, net	102	103	107	109	109	107	108	109	112	112	112	111
Right-of-use asset	63	63	62	61	60	58	57	55	53	52	51	51
Goodwill	155	237	237	237	237	237	237	286	284	284	284	284
Total assets	1,738	2,015	1,927	1,887	1,833	1,789	1,878	1,975	2,014	1,935	2,302	2,422
Total liabilities	547	722	609	557	447	401	531	574	624	777	1,098	1,169
Retained earnings	1,209	1,244	1,288	1,325	1,369	1,406	1,392	1,435	1,475	1,539	1,589	1,629
Total stockholders' equity	1,191	1,293	1,318	1,329	1,386	1,389	1,347	1,386	1,378	1,146	1,190	1,239
Total liabilities and equity	1,738	2,015	1,927	1,887	1,833	1,789	1,878	1,975	2,014	1,935	2,302	2,422
Common shares outstanding (cover page) millions of shares	38	38	38	38	38	38	38	37	37	36	36	35

Fiscal quarters (MKTX's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	55	70*	73	65	71	65*	15	71	68	92*	78	68
Stock-based compensation	7*	7*	7	8*	8*	7*	7	8*	8*	7*	9	9*
Net cash from operating activities	79*	142*	(5)	119*	95*	176*	30	104*	90*	159*	(75)	27*
Purchases of property and equipment	6*	2*	1	8*	1*	0*	2	1*	1*	4*	0	1*
Net cash from investing activities	(16)*	(92)*	(16)	(18)*	(42)*	(12)*	(17)	(51)*	(12)*	(17)*	(19)	(11)*
Share repurchases	0*	0*	10	33*	15*	17*	38	37*	45*	300*	0	0*
Net cash from financing activities	(23)*	(36)*	(53)	(61)*	(42)*	(45)*	(77)	(65)*	(82)*	(108)*	(29)	(144)*
Net change in cash	32*	23*	(77)	39*	26*	100*	(56)	6*	(8)*	33*	(128)	(129)*

SIC 6211 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6211 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Marketaxess Holdings	246	218	27*	35.2M	—	Q2 FY26 10-QJun 30, 2026
Jefferies Financial Group	16,884	1,752	2,591*	not reported	—	Q3 FY26 10-QAug 31, 2026
Sei Investments	400	662	218*	118.6M	—	Q3 FY26 10-QSep 30, 2026
Stifel Financial	1,629	1,001	801*	not reported	—	Q3 FY26 10-QSep 30, 2026
Piper Sandler Companies	304	496	36*	70.7M	—	Q2 FY26 10-QJun 30, 2026
Miami International Holdings	699	376	23*	100.1M	—	Q3 FY26 10-QSep 30, 2026
Galaxy Digital	896	8,557	372*	not reported	—	Q2 FY26 10-QJun 30, 2026
Virtu Financial	1,069	1,190	117*	not reported	—	Q2 FY26 10-QJun 30, 2026
Freedom Holding	1,351	733	(342)	63.8M	4.0 quarters	Q1 FY27 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.