Growth Metrics

Marketaxess Holdings (MKTX) Operating Expenses (2016 - 2026)

Marketaxess Holdings' Operating Expenses history spans 16 years, with the latest figure at $133.4 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 8.96% to $133.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $504.4 million, a 5.92% increase, with the full-year FY2025 number at $504.4 million, up 5.92% from a year prior.
  • Operating Expenses hit $133.4 million in Q4 2025 for Marketaxess Holdings, up from $123.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for MKTX hit a ceiling of $133.4 million in Q4 2025 and a floor of $88.1 million in Q3 2021.
  • Historically, Operating Expenses has averaged $108.6 million across 5 years, with a median of $106.6 million in 2023.
  • Biggest five-year swings in Operating Expenses: increased 19.95% in 2023 and later grew 1.84% in 2024.
  • Tracing MKTX's Operating Expenses over 5 years: stood at $92.5 million in 2021, then grew by 8.38% to $100.2 million in 2022, then grew by 19.95% to $120.2 million in 2023, then rose by 1.84% to $122.4 million in 2024, then grew by 8.96% to $133.4 million in 2025.
  • Business Quant data shows Operating Expenses for MKTX at $133.4 million in Q4 2025, $123.2 million in Q3 2025, and $127.6 million in Q2 2025.