MarketAxess Holdings Inc.

MKTX Financial Capital Markets

MarketAxess Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $846.3 million, up 3.57% from fiscal 2024.

Revenue
+0.76%
EPS
−16.9%
Free cash flow
−83.7%

Quarter to September 2026, against a year earlier

165.61 0.07 +0.04%
Market cap
$5.8B
P/E
20.2×
Fwd P/E
21.3×
Dividend yield
1.87%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MarketAxess Holdings Inc. 10-K filed Feb 24, 2026

Fiscal year 2025 · Period ended Dec 31, 2025 · Filed · accepted 4:14 PM ET · Document on sec.gov · Filing index

What changed

Item 1, Business, against the 10-K filed Feb 24, 2025: 13 added · 17 removed · 56 modified; 10 with only figures updated

  1. Removed · Overview

    MarketAxess Holdings Inc. (the “Company” or “MarketAxess”) operates leading electronic trading platforms delivering greater trading efficiency, a diversified pool of liquidity and significant cost savings to our clients across the global fixed-income markets. Approximately 2,100 institutional investor and broker-dealer firms use our patented trading technology to efficiently trade U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, Eurobonds, municipal bonds, U.S. government bonds and other fixed-income securities. We leverage our diverse set of trading protocols, automated and algorithmic trading solutions, intelligent data and index products and a range of post-trade services to provide an end-to-end trading solution to our robust network of platform participants. Our award-winning all-to-all Open Trading® marketplace (“Open Trading”) is widely regarded as the preferred all-to-all trading solution in the global credit markets, creating a unique liquidity pool for a broad range of credit market participants.