MarketAxess MKTX Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Commission Revenue | $203.47M+12.2% | $181.34M+0.6% | $180.17M-6.0% | $191.77M+5.7% | $181.34M+3.8% | |
| Information Services | $14.45M+7.4% | $13.45M-2.4% | $13.79M+5.3% | $13.09M+1.4% | $12.9M-1.9% | |
| Post Trade Services | $11.61M+5.2% | $11.03M-2.3% | $11.29M+2.0% | $11.08M-0.1% | $11.09M+1.0% | |
| Technology Services | $3.86M+7.7% | $3.58M+0.3% | $3.57M+1.2% | $3.53M+8.9% | $3.24M-7.6% | |
| Revenue by Geography | ||||||
| GB | $52.85M+16.7% | $45.3M+1.4% | $44.66M+0.2% | $44.57M+4.3% | $42.73M+4.7% | |
| Other | $30.79M+20.1% | $25.64M+0.4% | $25.54M-2.8% | $26.26M+13.3% | $23.19M+12.2% | |
| US | $149.75M+8.1% | $138.47M-0.1% | $138.63M-6.7% | $148.63M+4.2% | $142.66M+1.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MarketAxess break its business down?
- MarketAxess (MKTX) reports revenue by product across 4 parts — Commission Revenue, Information Services, Post Trade Services and Technology Services. Each is extracted from the segment footnotes and tracked over time.
- Where does MarketAxess's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MarketAxess's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.