Marketaxess Holdings (MKTX) Net Margin (2010 - 2026)

Marketaxess Holdings (MKTX) posted Net Margin of 33.46% for Q1 2026, down 24.17% sequentially from 44.13% in Q4 2025, and up 2624.0% YoY from 1.23% in Q1 2025.

Marketaxess Holdings (MKTX) Net Margin (2010 - 2026) Analysis & Trends

Marketaxess Holdings (MKTX) has 17 years of Net Margin data on file, last reported at 33.46% in Q1 2026.

  • Quarterly Net Margin rose 2624.0% year-over-year to 33.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 35.59% (up 949.0% YoY) and the FY2025 annual result came in at 29.18%, down 390.0% from the prior year.
  • Net Margin declined to 33.46% in Q1 2026 per MKTX's latest filing, from 44.13% in the prior quarter.
  • The five-year high for Net Margin was 44.13% in Q4 2025, with the low at 7.22% in Q1 2025.
  • Average Net Margin over 5 years is 32.44%, with a median of 33.28% recorded in 2023.
  • Year-over-year, Net Margin tumbled 2730 bps in 2025 and surged 2624 bps in 2026.
  • Marketaxess Holdings' Net Margin stood at 29.61% in 2022, then increased by 9 bps to 32.35% in 2023, then dropped by 6 bps to 30.26% in 2024, then jumped by 46 bps to 44.13% in 2025, then decreased by 24 bps to 33.46% in 2026.
  • Business Quant data shows MKTX's Net Margin at 33.46% in Q1 2026, 44.13% in Q4 2025, and 32.69% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 26.29%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 31.36%
3 Schwab Charles 167.21 Bn 122.24 Bn - 36.98%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 122.40%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 32.80%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 7.22%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 37.74%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 132.82%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -171.16%
10 Marketaxess Holdings 14.20 Mn -349.59 Mn - 33.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 33.46%
Dec 31, 2025 44.13%
Sep 30, 2025 32.69%
Jun 30, 2025 32.45%
Mar 31, 2025 7.22%
Dec 31, 2024 30.26%
Sep 30, 2024 34.58%
Jun 30, 2024 32.85%
Mar 31, 2024 34.53%
Dec 31, 2023 32.35%
Sep 30, 2023 31.89%
Jun 30, 2023 33.28%
Mar 31, 2023 36.24%
Dec 31, 2022 29.61%
Sep 30, 2022 34.46%
Jun 30, 2022 36.72%
Mar 31, 2022 34.81%
Dec 31, 2021 33.50%
Sep 30, 2021 35.76%
Jun 30, 2021 38.16%