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Marketaxess Holdings Inc revenue

Marketaxess Holdings Inc's revenue was $846m in fiscal 2025, up 3.6% on the year before. Since fiscal 2009 ($114m) it has grown at a compound 13.3% a year. Over the last twelve months it was $870m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Marketaxess Holdings Inc: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue114146172191239263303370397436511689699718753817846870
Growth on the year before—+27.8%+17.5%+11.0%+25.1%+10.1%+15.3%+22.0%+7.4%+9.6%+17.4%+34.8%+1.4%+2.8%+4.8%+8.6%+3.6%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Commission Revenue $735M 86.8% ▲ 3.2%
Information Services $53.2M 6.3% ▲ 5.3%
Post Trade Services $44.5M 5.3% ▲ 4.7%
Technology Services $13.9M 1.6% ▲ 12.7%
Geography
Region Revenue Share YoY
United States $568M 67.2% 0.0%
United Kingdom $177M 20.9% ▲ 9.5%
Other $101M 11.9% ▲ 16.1%

From Marketaxess Holdings Inc's 10-K filed February 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Financial Exchanges & Data: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Marketaxess Holdings Inc $870m 3.9% 5.9%
Tradeweb Markets Inc. $2.28bn 14.4% 21.9%
Factset Research Systems Inc $2.48bn 6.7% 5.9%
Morningstar, Inc. $2.62bn 9.4% 9.9%
MSCI $3.43bn 12.3% 12.4%
Cboe Global Markets $5.28bn 14.3% 11.5%

Compare with peers

Head to head: MKTX vs TWFDS vs MKTXMKTX vs MORN

More: Financial Exchanges & Data stocks compared, Financials sector, rankings of US companies

Figures from Marketaxess Holdings Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Marketaxess Holdings Inc.