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MarketAxess MKTX Technology And Communications — Operating Lease Cost For Equipment
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Where this comes from
Reported directly by MarketAxess in its filing.
Tagged under the XBRL concept mktx:OperatingLeaseCostForEquipment.
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 technology and communications — operating lease cost for equipment?
- MarketAxess (MKTX) reported technology and communications — operating lease cost for equipment of $49K in Q2 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 50.0% year-over-year, from $98K to $49K.
- 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.
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