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MarketAxess MKTX Occupancy — Operating Lease Cost For Office Space

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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 mktx:OperatingLeaseCostForOfficeSpace.

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
Lease cost:ClassificationThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
(In thousands)
Operating lease cost - office spaceOccupancy$2,882$2,826$5,734$5,577
Operating lease cost - equipmentTechnology and communications4998146195
Variable lease costsOccupancy9798471,8631,632
Total operating lease cost$3,910$3,771$7,743$7,404

Item 1. Financial Statements (Unaudited)

FAQ

What is MarketAxess's occupancy — operating lease cost for office space?
MarketAxess (MKTX) reported occupancy — operating lease cost for office space of $2.88M in Q2 2026.
How has MarketAxess's occupancy — operating lease cost for office space changed year-over-year?
MarketAxess's occupancy — operating lease cost for office space increased by 2.0% year-over-year, from $2.83M to $2.88M.
What is the long-term trend for MarketAxess's occupancy — operating lease cost for office space?
Over 4 years (2021 to 2025), MarketAxess's occupancy — operating lease cost for office space has grown at a -3.8% compound annual growth rate (CAGR), from $13.2M to $11.33M.
What does occupancy — operating lease cost for office space mean?
This metric represents the fixed contractual expenses incurred for the rental of office facilities used in business operations. It reflects the baseline real estate footprint required to support corporate activities and personnel. Monitoring this cost helps assess the efficiency of the company's physical infrastructure and long-term lease commitments.

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