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MarketAxess MKTX Operating Income

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Other financials

Income statement

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Revenue$233.4M+11.9%
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$4.28B-28.1%
Enterprise value$4.02B-26.0%
P/E13.8×-13.6×
P/S4.9×-2.4×

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 us-gaap:OperatingIncomeLoss.

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 operating income?
MarketAxess (MKTX) reported operating income of $100.92M in Q1 2026.
How has MarketAxess's operating income changed year-over-year?
MarketAxess's operating income increased by 14.2% year-over-year, from $88.38M to $100.92M.
What is the long-term trend for MarketAxess's operating income?
Over 4 years (2021 to 2025), MarketAxess's operating income has grown at a 0.3% compound annual growth rate (CAGR), from $337.24M to $341.84M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.