Inferra AI / Company / MKTX
Marketaxess Holdings Inc.
MKTX · Financials
Last earnings Oct 23, 2026
Key results
EPSquarter
$1.53
htm EX-99.1 EX-99.1 Exhibit 99.1 + MarketAxess Reports Third Quarter 2026 Financial Results EPS of $1.53; $1.86 Excluding Notable Items 1 1% Revenue Growth Reflects Strong Information Services Revenue Growth of 10% 21% Increase in Block Trading ADV and 37% Increase in Portfolio Trading ADV with Broad-Based Growth Across U.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Revenuequarter
$1.86
htm EX-99.1 EX-99.1 Exhibit 99.1 + MarketAxess Reports Third Quarter 2026 Financial Results EPS of $1.53; $1.86 Excluding Notable Items 1 1% Revenue Growth Reflects Strong Information Services Revenue Growth of 10% 21% Increase in Block Trading ADV and 37% Increase in Portfolio Trading ADV with Broad-Based Growth Across U.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Strong Information Services revenuequarter
10%
htm EX-99.1 EX-99.1 Exhibit 99.1 + MarketAxess Reports Third Quarter 2026 Financial Results EPS of $1.53; $1.86 Excluding Notable Items 1 1% Revenue Growth Reflects Strong Information Services Revenue Growth of 10% 21% Increase in Block Trading ADV and 37% Increase in Portfolio Trading ADV with Broad-Based Growth Across U.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Total revenuequarter
$210.4 million
3Q26 Select Financial and Operational Highlights (All comparisons vs 3Q25) • Total revenues of $210.4 million increased 1% .
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
— Total commission revenue of $179.9 million was flat compared to the prior year.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
— 6% growth in services revenue 2 to $30.5 million .
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
— 6% growth in revenue outside U.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Operating marginquarter
35.4%
• Operating margin of 35.4% decreased 560bps ; operating margin, excluding notable items, of 41.6% increased 60bps .
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Net incomequarter
$1.53
1 • Diluted earnings per share (“EPS”) of $1.53 on net income of $54.0 million , compared to $1.84 and $68.3 million in the prior year, respectively; EPS of $1.86 on net income of $65.7 million , each excluding notable items.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Revenue • Total revenues of $210.4 million increased 1% compared to the prior year, primarily driven by growth in services revenue.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
AI analysis
Q3 2026 · reported Oct 23, 2026
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2026 | Prior qtr | Year ago |
|---|---|---|---|
| EPS | $1.53 | $1.93 | — |
| Revenue | $1.86 | $218.4 million | — |
| Strong Information Services revenue | 10% | — | — |
| Total revenue | $210.4 million | $218.4 million | — |
| Operating margin | 35.4% | 41.1% | — |
| Net income | $1.53 | $68.3 million | — |
Guidance · company-stated
No guidance located in the held release
“Further, MarketAxess has suspended the practice of issuing guidance and has withdrawn its previously announced 2026 annual guidance, as well as its medium-term financial targets.”
Margin
Capital allocation
The decrease was largely driven by receipt of a tax credit in the prior year, lower interest income resulting from lower average cash balances, higher interest expense mainly due to borrowings on the Company’s credit facility, which, along with cash on hand, were used to fund the accelerated stock repurchase agreement that settled in 1Q26, and higher foreign currency transaction losses.
Event summary
Marketaxess Holdings Inc. Q3 2026 — htm EX-99.1 EX-99.1 Exhibit 99.1 + MarketAxess Reports Third Quarter 2026 Financial Results EPS of $1.53; $1.86 Excluding Notable Items 1 1% Revenue Growth Reflects Strong Information Services Revenue…
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
The decrease was largely driven by receipt of a tax credit in the prior year, lower interest income resulting from lower average cash balances, higher interest expense mainly due to borrowings on the Company’s credit facility, which, along with cash on hand, were used to fund the accelerated stock repurchase agreement that settled in 1Q26, and higher foreign currency transaction losses.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
The decline from year-end 2025 primarily reflects capital allocation activity during the first nine months of 2026, including share repurchases, repayment of $128.0 million of borrowings under the revolving credit facility and quarterly dividends, as well as an increase in net receivables from broker-dealers, clearing organizations and customers, partially offset by cash generated from operating activities.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
• The Board declared a quarterly cash dividend of $0.78 per share, payable on November 25, 2026 to stockholders of record as of the close of business on November 11, 2026 .
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
The Company had $92.0 million in borrowings outstanding under the Company’s credit facility as of September 30, 2026 , as compared to $220.0 million in borrowings outstanding as of December 31, 2025 .
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Strategy & priorities
Credit, Emerging Markets and Eurobond Block ADVs Continued Focus on Expense Discipline NEW YORK | October 23, 2026 - MarketAxess Holdings Inc.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
• Continued progress across key strategic initiative channels : — Client-Initiated Channel : 21% increase in block trading ADV to $5.4 billion , including U.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
1 Chris Concannon, CEO of MarketAxess, commented : In the third quarter, we continued to execute on our product roadmap across major trading protocols.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Overall, we continue to make great progress across our strategic priorities and remain committed to delivering innovative solutions that enhance the trading experience for our clients.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Page 10 Table 6: Strategic Priorities ADV Detail* Quarter % Change 3Q 2026 2Q 2026 3Q 2025 QoQ YoY $ In millions Client-Initiated Channel U.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Risks & headwinds
While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties and should be read in conjunction with the other forward-looking statements.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we may have expressed or implied by these forward-looking statements.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
What changed vs prior quarter
EPS — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Total revenue — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Operating margin — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Marketaxess Holdings Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Earnings deck slides
0 decks with slide viewMarketaxess Holdings Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Marketaxess Holdings Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Marketaxess Holdings Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Marketaxess Holdings Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Marketaxess Holdings Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Marketaxess Holdings Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
34 documents- Q3 2026
- 8-KMKTX
Oct 23, 2026
- 8-KMKTX
Oct 22, 2026
- Q2 2026
- 8-KMKTX
Sep 29, 2026
- 10-QMKTX
- 8-KMKTX
Jul 30, 2026
- 8-KMKTX
Jul 30, 2026
- Q1 2026
- 8-KMKTX
Jun 10, 2026
- 10-QMKTX
- 8-KMKTX
- 8-K/AMKTX
Apr 17, 2026
- Q4 2025
- 10-KMKTX
Feb 24, 2026
- 8-KMKTX
Feb 17, 2026
- 8-KMKTX
- 8-KMKTX
Jan 26, 2026
- EX-99MKTX
Jan 26, 2026
- Q3 2025
- 8-KMKTX
- EX-99MKTX
- 10-QMKTX
- 8-KMKTX
- Q2 2025
- 10-QMKTX
- 8-KMKTX
- Q1 2025
- 8-KMKTX
- 8-KMKTX
May 21, 2025
- 10-QMKTX
- 8-KMKTX
- Q4 2024
- 10-KMKTX
Feb 24, 2025
- 8-KMKTX
- 8-KMKTX
Jan 27, 2025
- Q3 2024
- 10-QMKTX
- 8-KMKTX
- EX-99MKTX
- Q2 2024
- 10-QMKTX
- 8-KMKTX
- 8-KMKTX
Jul 19, 2024
Earnings releases
5 documentsPresentations
6 documents
Transcripts
0 documentsNo transcripts for Marketaxess Holdings Inc. are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention Marketaxess Holdings Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
Intercontinental Exchange (ICE)
“ffective as of October 21, 2026, satisfying the HSR Act condition in ICE’s acquisition of MarketAxess Holdings Inc. The merger remains subject to the remaining customary closing conditions… …Earnings per share attributable to Intercontinental Exchang”
“ or ICE updates one or more forward-looking statements, no inference should be drawn that MarketAxess or ICE will make additional updates with respect to those or other… …the heading “Key Information Documents (KIDS).” Safe Harbor Statement under t”
See also the earnings calendar for every tracked company’s next earnings date.