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MarketAxess MKTX Technology And Communications — Operating Lease Cost For Equipment

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$17.18M+2.0%

Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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Market cap$4.2B-28.1%

Profitability

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

Returns & leverage

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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 mktx:OperatingLeaseCostForEquipment.

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

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Questions, answered.

What is MarketAxess's technology and communications — operating lease cost for equipment?
MarketAxess (MKTX) reported technology and communications — operating lease cost for equipment of $98K in Q1 2026.
How has MarketAxess's technology and communications — operating lease cost for equipment changed year-over-year?
MarketAxess's technology and communications — operating lease cost for equipment decreased by 0.0% year-over-year, from $98K to $98K.
What does technology and communications — operating lease cost for equipment mean?
This metric represents the periodic rental expenses incurred for leasing hardware, networking infrastructure, and communication equipment essential to the segment's operations. It reflects the company's reliance on leased technology assets to maintain trading platforms and connectivity services rather than purchasing them outright. Monitoring this cost helps assess the segment's operational overhead and its strategy for managing capital expenditures versus operating expenses in its technology stack.