MKTX
MarketAxess Holdings·NASDAQ
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MKTX fundamentals
MarketAxess Holdings (MKTX) released its earnings on Nov 7, 2025: revenue was 208.82M (YoY +1.03%), beat estimates; EPS was 1.84 (YoY -3.16%), beat estimates.
Revenue / YoY
208.82M
+1.03%
EPS / YoY
1.84
-3.16%
Report date
Nov 7, 2025
MKTX Earnings Call Summary for Q3,2025
- Revenue Resilience: $209M Q3 revenue (+1% YoY) despite U.S. credit challenges, driven by 10% growth outside U.S. credit.
- Initiatives Accelerating:
- Block trading ADV +23% YoY, portfolio trading ADV +50% YoY.
- Mid-X dealer-initiated ADV +34% YoY, closing auction targeting $5T ETF market.
- Strategic Investments:
- $120M share buybacks, $385M free cash flow, and 3% expense growth reflect disciplined capital allocation.
- Growth Catalysts:
- Closing auction for indexation, Mid-X dealer-to-dealer expansion, and block trading modernization.
- Risk Factors:
- U.S. credit market share growth constrained by low volatility and protocol mix shifts.
EPS
Revenue
Revenue & Expenses
MKTX has released its 2025 Q3 earnings report, with revenue of 208.82M, reflecting a YoY change of 1.02%, and net profit of 68.27M, showing a YoY change of -4.50%. The Sankey diagram below clearly presents MKTX's revenue sources and cost distribution.
Key Indicators
MarketAxess Holdings (MKTX) key financial stats and ratios, covering profitability, financial health, and leverage.
MarketAxess Holdings (MKTX)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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MarketAxess Holdings (MKTX)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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MarketAxess Holdings (MKTX)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does MarketAxess Holdings (MKTX) generate its revenue? Explore its key revenue streams and top earning regions.
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Track MarketAxess Holdings (MKTX) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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You can ask Aime
What does MarketAxess Holdings do and what are its main business segments?What were the key takeaways from MarketAxess Holdings's earnings call?What guidance did MarketAxess Holdings's management provide for the next earnings period?What is the revenue and EPS growth rate for MarketAxess Holdings year over year?Did MarketAxess Holdings beat or miss consensus estimates last quarter?What is the market's earnings forecast for MarketAxess Holdings next quarter?What were the key takeaways from MarketAxess Holdings’s earnings call?What is MarketAxess Holdings's gross profit margin?
