Marketaxess Holdings (MKTX) Free Cash Flow (2010 - 2026)
Marketaxess Holdings (MKTX) posted Free Cash Flow of $26.16 million for Q2 2026, down 74.5% from $102.51 million a year earlier.
Marketaxess Holdings (MKTX) Free Cash Flow (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Marketaxess Holdings was $194.3 million, down 51.5% year-over-year; for FY2025, it was $373.94 million, down 0.4% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- In prior years, Marketaxess Holdings' Free Cash Flow was $375.3 million in FY2024 (+15.7%), $324.44 million in FY2023 (+17.5%), $276.09 million in FY2022 (+4.3%) and $264.6 million in FY2021 (-32.1%).
- Quarterly Free Cash Flow has run from a low of -$75.59 million in Q1 2026 to a high of $176.03 million in Q4 2024 over five years.
- On a year-over-year basis, Free Cash Flow increased in two of the last six quarters, with an average decline of 7.5%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q3 2022, with growth of 39.8%; the weakest was Q2 2026, with a decline of 74.5%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was -$75.59 million (Q1 2026), $155.06 million (Q4 2025) and $88.67 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 708.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 1.98 Bn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 923.50 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 1.85 Bn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 634.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | -3.00 Bn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 6.20 Bn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | -90.30 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | -536.30 Mn |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - | 26.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.16 Mn |
| Mar 31, 2026 | -75.59 Mn |
| Dec 31, 2025 | 155.06 Mn |
| Sep 30, 2025 | 88.67 Mn |
| Jun 30, 2025 | 102.51 Mn |
| Mar 31, 2025 | 27.70 Mn |
| Dec 31, 2024 | 176.03 Mn |
| Sep 30, 2024 | 94.25 Mn |
| Jun 30, 2024 | 111.15 Mn |
| Mar 31, 2024 | -6.15 Mn |
| Dec 31, 2023 | 139.61 Mn |
| Sep 30, 2023 | 73.18 Mn |
| Jun 30, 2023 | 104.34 Mn |
| Mar 31, 2023 | 7.31 Mn |
| Dec 31, 2022 | 127.73 Mn |
| Sep 30, 2022 | 81.14 Mn |
| Jun 30, 2022 | 92.35 Mn |
| Mar 31, 2022 | -25.13 Mn |
| Dec 31, 2021 | 142.79 Mn |
| Sep 30, 2021 | 58.06 Mn |
Marketaxess Holdings Free Cash Flow 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=free-cash-flow&ticker=MKTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();