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
DateValue
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