Marketaxess Holdings (MKTX) Free Cash Flow (2010 - 2026)
Marketaxess Holdings' (MKTX) quarterly Free Cash Flow came in at -$92.4 million in Q1 2026, down 733.09% year-on-year from $14.6 million in Q1 2025, and down 149.04% quarter-over-quarter from $188.5 million in Q4 2025.
Marketaxess Holdings (MKTX) Free Cash Flow (2010 - 2026) Analysis & Trends
Marketaxess Holdings has disclosed Free Cash Flow across 17 years of filings, most recently posting -$92.4 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$92.4 million, down 733.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $266.9 million (down 33.21% YoY), and the FY2025 annual result was $373.9 million, changed 0.36% from the prior year.
- Free Cash Flow came in at -$92.4 million for Q1 2026 at Marketaxess Holdings, down from $188.5 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $202.1 million in Q4 2024 to a low of -$92.4 million in Q1 2026.
- The 5-year median for Free Cash Flow is $60.7 million (2022), against an average of $74.5 million.
- Across the five-year window, Free Cash Flow soared 249.36% in 2025 and plunged 733.09% in 2026, its largest moves.
- Marketaxess Holdings' Free Cash Flow stood at $148.2 million in 2022, then grew by 17.07% to $173.5 million in 2023, then rose by 16.49% to $202.1 million in 2024, then decreased by 6.75% to $188.5 million in 2025, then slumped by 149.04% to -$92.4 million in 2026.
- The last three Free Cash Flow figures came in at -$92.4 million (Q1 2026), $188.5 million (Q4 2025), and $55.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | -1.33 Mn |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | -7.85 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | -32.43 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 7.20 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 2.03 Bn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 3.59 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 124.64 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 103.58 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 11.72 Mn |
| 10 | Marketaxess Holdings | 4.10 Bn | 3.73 Bn | - | -92.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -92.42 Mn |
| Mar 31, 2026 | -92.42 Mn |
| Dec 31, 2025 | 188.46 Mn |
| Dec 31, 2025 | 188.46 Mn |
| Sep 30, 2025 | 55.27 Mn |
| Sep 30, 2025 | 55.27 Mn |
| Jun 30, 2025 | 115.61 Mn |
| Jun 30, 2025 | 115.61 Mn |
| Mar 31, 2025 | 14.60 Mn |
| Mar 31, 2025 | 14.60 Mn |
| Dec 31, 2024 | 202.10 Mn |
| Dec 31, 2024 | 202.10 Mn |
| Sep 30, 2024 | 59.78 Mn |
| Sep 30, 2024 | 59.78 Mn |
| Jun 30, 2024 | 123.19 Mn |
| Jun 30, 2024 | 123.19 Mn |
| Mar 31, 2024 | -9.77 Mn |
| Mar 31, 2024 | -9.77 Mn |
| Dec 31, 2023 | 173.49 Mn |
| Dec 31, 2023 | 173.49 Mn |