Skip to content
OpenCapital
Get started

MarketAxess MKTX Payments to Develop Software

Payments to Develop Software at other companies

Intercontinental Exchange logo
Intercontinental ExchangeICE
$112M+7.7%
Virtu Financial logo
Virtu FinancialVIRT
$26.04M+8.8%

Other financials

Income statement

See full
Revenue$233.4M+11.9%
Operating income$100.9M+14.2%
Net income$77.9M+417%
EPS (diluted)$2.20+450%

Balance sheet

See full
Cash & equivalents$548.2M-14.9%
Total debt$292.0M+312%
Total equity$1.2B-11.6%
Total assets$2.3B+22.5%

Cash flow

See full
Operating cash flow-$75.3M-354%
CapEx$259.0K-86.6%
Free cash flow-$75.6M-373%

Valuation

See full
Market cap$4.2B-28.1%

Profitability

See full
Operating margin40.7%-0.6pp
Net margin35.5%+9.0pp
FCF margin31.1%-19.1pp

Returns & leverage

See full
Return on equity24.4%+8.1pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by MarketAxess in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.

The official record: MarketAxess’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about MarketAxess's payments to develop software.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is MarketAxess's payments to develop software?
MarketAxess (MKTX) reported payments to develop software of $17.09M in Q1 2026.
How has MarketAxess's payments to develop software changed year-over-year?
MarketAxess's payments to develop software increased by 13.7% year-over-year, from $15.03M to $17.09M.
What is the long-term trend for MarketAxess's payments to develop software?
Over 4 years (2021 to 2025), MarketAxess's payments to develop software has grown at a 10.7% compound annual growth rate (CAGR), from $33.12M to $49.81M.
What does payments to develop software mean?
This represents the cash outflows dedicated to the internal development and enhancement of proprietary trading platforms and software infrastructure. As a technology-driven firm, this metric serves as a proxy for the company's commitment to innovation and long-term competitive positioning. High investment levels indicate a focus on maintaining technological superiority and platform scalability.