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MarketAxess MKTX Operating Lease Liability - Undiscounted Excess Amount

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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 us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

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 lease liability - undiscounted excess amount?
MarketAxess (MKTX) reported operating lease liability - undiscounted excess amount of $16.39M in Q1 2026.
How has MarketAxess's operating lease liability - undiscounted excess amount changed year-over-year?
MarketAxess's operating lease liability - undiscounted excess amount decreased by 19.1% year-over-year, from $20.25M to $16.39M.
What is the long-term trend for MarketAxess's operating lease liability - undiscounted excess amount?
Over 5 years (2020 to 2025), MarketAxess's operating lease liability - undiscounted excess amount has grown at a -15.6% compound annual growth rate (CAGR), from $40.18M to $17.25M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.