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MarketAxess MKTX US — PP&E (Net)

Other geography segments

GB
$10.74M

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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:PropertyPlantAndEquipmentNet.

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 itemAs of / June 30, 2026As of / December 31, 2025
Long-lived assets, as defined
United States$100,541$99,849
United Kingdom8,96710,740
Other1,8541,842
Total$111,362$112,431

Item 1. Financial Statements (Unaudited)

FAQ

What is MarketAxess's US — PP&E (net)?
MarketAxess (MKTX) reported US — PP&E (net) of $100.54M in Q2 2026.
How has MarketAxess's US — PP&E (net) changed year-over-year?
MarketAxess's US — PP&E (net) increased by 4.7% year-over-year, from $95.99M to $100.54M.
What does US — PP&E (net) mean?
This metric represents the net book value of tangible assets located within the United States, including computer hardware, data center infrastructure, and office facilities used to support trading operations. It reflects the capital intensity required to maintain the company's electronic trading platform and technological backbone. Monitoring this balance helps investors assess the scale of physical and technological investment necessary to sustain regional operations.

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