Marketaxess Holdings (MKTX) Free Cash Flow (2010 - 2026)
Marketaxess Holdings (MKTX) posted Free Cash Flow of -$92.4 million for Q1 2026, down 149.04% sequentially from $188.5 million in Q4 2025, and down 733.09% YoY from $14.6 million in Q1 2025.
Marketaxess Holdings (MKTX) Free Cash Flow (2010 - 2026) Analysis & Trends
Marketaxess Holdings (MKTX) has 17 years of Free Cash Flow data on file, last reported at -$92.4 million in Q1 2026.
- Quarterly Free Cash Flow fell 733.09% year-over-year to -$92.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $266.9 million (down 33.21% YoY) and the FY2025 annual result came in at $373.9 million, changed 0.36% from the prior year.
- Free Cash Flow eased to -$92.4 million in Q1 2026 per MKTX's latest filing, from $188.5 million in the prior quarter.
- The five-year high for Free Cash Flow was $202.1 million in Q4 2024, with the low at -$92.4 million in Q1 2026.
- Average Free Cash Flow over 5 years is $74.5 million, with a median of $60.7 million recorded in 2022.
- Year-over-year, Free Cash Flow jumped 249.36% in 2025 and slumped 733.09% in 2026.
- Marketaxess Holdings' Free Cash Flow stood at $148.2 million in 2022, then gained by 17.07% to $173.5 million in 2023, then climbed by 16.49% to $202.1 million in 2024, then declined by 6.75% to $188.5 million in 2025, then tumbled by 149.04% to -$92.4 million in 2026.
- Business Quant data shows MKTX's Free Cash Flow at -$92.4 million in Q1 2026, $188.5 million in Q4 2025, and $55.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -7.85 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -32.43 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 7.20 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 2.03 Bn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 124.64 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 103.58 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 11.72 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -1.15 Bn |
| 10 | Marketaxess Holdings | 14.20 Mn | -349.59 Mn | - | -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 |