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MarketAxess MKTX GB — Revenue

Other geography segments

US
$148.63M

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Other financials

Income statement

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Revenue$218.4M-0.5%
Operating income$89.9M-2.2%
Net income$68.1M-4.3%
EPS (diluted)$1.93+1.0%

Balance sheet

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Cash & equivalents$419.7M-35.5%
Total debt$178.9M+158%
Total equity$1.2B-10.6%
Total assets$2.4B+22.6%

Cash flow

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Operating cash flow-$75.3M-354%
CapEx$649.0K-46.2%
Free cash flow-$75.6M-373%

Valuation

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Market cap$5.72B-18.3%
Enterprise value$5.48B-14.7%
P/E18.7×-12.8×
P/S6.6×-1.8×

Profitability

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Operating margin40.5%-1.0pp
Net margin35.2%+8.6pp
FCF margin31.1%-19.1pp

Returns & leverage

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Return on equity23.3%+6.9pp
Debt / equity0.1×+0.1×

Where this comes from

Reported directly by MarketAxess in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: MarketAxess’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340249
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenues
United States$141,508$148,628$291,257$291,288
United Kingdom48,60744,570101,45387,299
Other28,30026,26459,08549,451
Total$218,415$219,462$451,795$428,038

Item 1. Financial Statements (Unaudited)

FAQ

What is MarketAxess's GB — revenue?
MarketAxess (MKTX) reported GB — revenue of $48.61M in Q2 2026.
How has MarketAxess's GB — revenue changed year-over-year?
MarketAxess's GB — revenue increased by 9.1% year-over-year, from $44.57M to $48.61M.
What is the long-term trend for MarketAxess's GB — revenue?
Over 3 years (2022 to 2025), MarketAxess's GB — revenue has grown at a 11.8% compound annual growth rate (CAGR), from $126.86M to $177.26M.
What does GB — revenue mean?
This metric represents the total revenue generated from trading services and platform access fees within a specific geographic or operational segment, excluding any pass-through taxes. It serves as a primary indicator of the segment's market penetration and the demand for electronic fixed-income trading solutions in that region. Growth in this metric reflects the successful adoption of the company's trading protocols and increased transaction volumes among institutional clients.

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