What is MarketAxess's redeemable NCI?

MarketAxess (MKTX) reported redeemable NCI of $13.52M in Q1 2026.

What does redeemable NCI mean?

Minority interests in subsidiaries that include a put option allowing the minority holder to require the parent to repurchase their stake.

Intercontinental ExchangeICE

$32M+45.5%

Revenue$233.4M+11.9%

Operating income$100.9M+14.2%

Net income$77.9M+417%

EPS (diluted)$2.20+450%

Cash & equivalents$548.2M-14.9%

Total debt$292.0M+312%

Total equity$1.2B-11.6%

Total assets$2.3B+22.5%

Operating cash flow-$75.3M-354%

CapEx$259.0K-86.6%

Free cash flow-$75.6M-373%

Market cap$4.2B-28.1%

Operating margin40.7%-0.6pp

Net margin35.5%+9.0pp

FCF margin31.1%-19.1pp

Return on equity24.4%+8.1pp

Debt / equity0.2×+0.2×

Reported directly by MarketAxess in its filing.

Tagged under the XBRL concept us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount.

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

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What is MarketAxess's redeemable NCI?: MarketAxess (MKTX) reported redeemable NCI of $13.52M in Q1 2026.
What does redeemable NCI mean?: Minority interests in subsidiaries that include a put option allowing the minority holder to require the parent to repurchase their stake.