MarketAxess MKTX Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Commission Revenue | $756.75M+3.0% | $734.62M+0.9% | $728.05M0.0% | $728.27M+2.8% | $708.18M-0.5% | |
| Information Services | $54.77M+2.9% | $53.23M+0.6% | $52.93M+1.6% | $52.11M+1.1% | $51.56M+2.0% | |
| Post Trade Services | $45.01M+1.2% | $44.49M+0.1% | $44.43M+2.1% | $43.52M+1.6% | $42.85M+0.8% | |
| Technology Services | $14.54M+4.4% | $13.92M+0.5% | $13.85M+4.5% | $13.26M+3.9% | $12.77M+3.3% | |
| Revenue by Geography | ||||||
| GB | $187.37M+5.7% | $177.26M+2.6% | $172.79M+1.6% | $170.03M+4.1% | $163.35M+0.9% | |
| Other | $108.23M+7.6% | $100.63M+5.2% | $95.66M+6.4% | $89.91M+4.5% | $86.03M-0.7% | |
| US | $575.47M+1.2% | $568.38M-0.4% | $570.82M-1.1% | $577.22M+2.0% | $565.98M-0.5% |
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.