Every 10-Q that MarketAxess Holdings Inc. (MKTX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MKTX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MKTX filings page.
MarketAxess Holdings Inc. reported Q2 2026 total revenues of $218,415, slightly below $219,462 a year earlier. Commissions remained the core driver at $186,895, supplemented by information services of $16,094, post-trade services of $11,598 and technology services of $3,828. Q2 operating income was $89,877 and net income was $68,323, compared with $71,180 in Q2 2025; diluted earnings per share were $1.93 for both periods.
For the first six months of 2026, revenues were $451,795 versus $428,038 in 2025, while net income increased to $146,430 from $86,245, with diluted EPS of $4.13 versus $2.31. As of June 30, 2026, total assets were $2,422,213 and total stockholders’ equity was $1,238,916. Cash and cash equivalents were $245,794, and borrowings decreased to $115,914 from $220,000 at year-end 2025. Net cash used in operating activities was $48,517 for the first half, driven largely by changes in receivables and payables tied to trading activity. The company paid cash dividends of $0.78 per share in each of the first two quarters and continued share repurchases, with treasury stock increasing to 5,698,972 shares.
MarketAxess Holdings Inc. reported significantly stronger results for the quarter ended March 31, 2026. Total revenue rose to $233.4 million from $208.6 million, led by higher commission income across disclosed trading, Open Trading and U.S. government bond activity.
Operating income increased to $100.9 million, and net income available to common stockholders jumped to $77.9 million versus $15.1 million a year earlier, helped by a much lower tax provision. Diluted EPS improved to $2.20 from $0.40. The company used $75.3 million of cash in operating activities, driven mainly by settlement-related receivables and payables, but ended with $548.2 million in cash and segregated balances, $157.0 million drawn on its revolving credit facility and $592.9 million of remaining borrowing capacity. MarketAxess also returned capital through $27.8 million of dividends and $60.0 million of share repurchases under its ongoing buyback programs.
MarketAxess Holdings Inc. filed its Q3 2025 Form 10‑Q, reporting steady revenue with softer earnings. Total revenue was $208.8M versus $206.7M a year ago, led by commissions of $180.2M, information services of $13.8M, post‑trade services of $11.3M, and technology services of $3.6M. Operating income was $85.6M (vs. $87.1M), and net income was $68.3M (vs. $71.5M), translating to diluted EPS of $1.84 (vs. $1.90).
For the first nine months, revenue reached $636.9M (vs. $614.7M) while net income was $154.5M (vs. $209.0M) and diluted EPS $4.14 (vs. $5.55), reflecting a higher tax provision. Operating cash flow was $223.5M, funding $120.0M of share repurchases and $87.2M in dividends. The company also invested in growth, including $38.0M for capitalized software and equipment and a $36.5M cash outlay to acquire control of RFQ‑hub.
On the balance sheet, cash and cash equivalents were $473.3M, total assets were $2.01B, and stockholders’ equity was $1.38B. Shares outstanding were 37,171,508 as of November 5, 2025.