Marketaxess Holdings (MKTX) Cash from Operations (2010 - 2026)
Marketaxess Holdings (MKTX) reported Cash from Operations of $26.81 million for Q2 2026, down 74.1% from $103.71 million a year earlier.
Marketaxess Holdings (MKTX) Cash from Operations (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marketaxess Holdings' Cash from Operations came in at $200.28 million, down 50.5% year-over-year; for FY2025, it was $382.14 million, down 0.8% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of -1.1% (FY2020 to FY2025).
- By year, Cash from Operations came in at $385.24 million in FY2024 (+15.4%), $333.77 million in FY2023 (+15.4%), $289.23 million in FY2022 (+2.5%) and $282.09 million in FY2021 (-30.3%).
- Five-year quarterly Cash from Operations spans a low of -$75.33 million in Q1 2026 and a high of $176.25 million in Q4 2024.
- Year over year, Cash from Operations gained in two of the last six quarters, with an average decline of 9.6%.
- The high point for year-over-year Cash from Operations in five years was Q3 2022 (growth of 35.5%); the low point was Q2 2026 (a decline of 74.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$75.33 million (Q1 2026), $158.63 million (Q4 2025) and $90.16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 720.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 2.46 Bn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 947.10 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 2.00 Bn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 711.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | -2.33 Bn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 6.22 Bn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | -64.90 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | -503.20 Mn |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - | 26.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.81 Mn |
| Mar 31, 2026 | -75.33 Mn |
| Dec 31, 2025 | 158.63 Mn |
| Sep 30, 2025 | 90.16 Mn |
| Jun 30, 2025 | 103.71 Mn |
| Mar 31, 2025 | 29.63 Mn |
| Dec 31, 2024 | 176.25 Mn |
| Sep 30, 2024 | 95.09 Mn |
| Jun 30, 2024 | 118.85 Mn |
| Mar 31, 2024 | -4.95 Mn |
| Dec 31, 2023 | 141.69 Mn |
| Sep 30, 2023 | 79.16 Mn |
| Jun 30, 2023 | 105.39 Mn |
| Mar 31, 2023 | 7.53 Mn |
| Dec 31, 2022 | 134.23 Mn |
| Sep 30, 2022 | 85.10 Mn |
| Jun 30, 2022 | 93.64 Mn |
| Mar 31, 2022 | -23.73 Mn |
| Dec 31, 2021 | 145.71 Mn |
| Sep 30, 2021 | 62.81 Mn |
Marketaxess Holdings Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MKTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "MKTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();