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MarketAxess MKTX Occupancy — Variable Lease Cost
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Where this comes from
Reported directly by MarketAxess in its filing.
Tagged under the XBRL concept us-gaap:VariableLeaseCost.
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: | Classification | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|---|
| (In thousands) | |||||
| Operating lease cost - office space | Occupancy | $2,882 | $2,826 | $5,734 | $5,577 |
| Operating lease cost - equipment | Technology and communications | 49 | 98 | 146 | 195 |
| Variable lease costs | Occupancy | 979 | 847 | 1,863 | 1,632 |
| Total operating lease cost | $3,910 | $3,771 | $7,743 | $7,404 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is MarketAxess's occupancy — variable lease cost?
- MarketAxess (MKTX) reported occupancy — variable lease cost of $979K in Q2 2026.
- How has MarketAxess's occupancy — variable lease cost changed year-over-year?
- MarketAxess's occupancy — variable lease cost increased by 15.6% year-over-year, from $847K to $979K.
- What is the long-term trend for MarketAxess's occupancy — variable lease cost?
- Over 3 years (2021 to 2025), MarketAxess's occupancy — variable lease cost has grown at a 522.6% compound annual growth rate (CAGR), from $14K to $3.38M.
- What does occupancy — variable lease cost mean?
- This metric captures lease-related expenses that fluctuate based on usage, service levels, or other non-fixed contractual terms. It often includes common area maintenance, utilities, or usage-based facility fees that adjust according to operational activity. Tracking this provides insight into the flexibility of the company's real estate cost structure beyond fixed rent obligations.
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