Marketaxess Holdings (MKTX) Operating Income (2017 - 2026)
Marketaxess Holdings (MKTX) recorded Operating Income of $74.4 million in Q3 2026, down 13.1% from $85.58 million a year earlier and down 17.2% from the prior quarter.
Marketaxess Holdings (MKTX) Operating Income (2017 - 2026) Analysis & Trends
On a TTM basis, Marketaxess Holdings' Operating Income came in at $341.21 million as of Sep 30, 2026, down 1.3% year-over-year; for FY2025, it was $341.84 million, up 0.3% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of -1.8% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $340.87 million in FY2024 (+8.2%), $315.02 million in FY2023 (-3.6%), $326.88 million in FY2022 (-3.1%) and $337.24 million in FY2021 (-10.0%).
- The Q3 2026 figure is the lowest quarterly Operating Income since Q3 2023.
- On a year-over-year basis, Operating Income rose in three of the last eight quarters, with growth averaging 0.6%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 30.1% in Q3 2024, against a decline of 20.8% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $89.88 million (Q2 2026), $100.92 million (Q1 2026) and $76.01 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | 1.14 Bn |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | - |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 1.41 Bn |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | - |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | 732.00 Mn |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | - |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | 534.30 Mn |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | - |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | - |
| 10 | Marketaxess Holdings | 5.83 Bn | 4.21 Bn | - | 89.88 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 89.88 Mn |
| Mar 31, 2026 | 100.92 Mn |
| Dec 31, 2025 | 76.01 Mn |
| Sep 30, 2025 | 85.58 Mn |
| Jun 30, 2025 | 91.86 Mn |
| Mar 31, 2025 | 88.38 Mn |
| Dec 31, 2024 | 79.98 Mn |
| Sep 30, 2024 | 87.06 Mn |
| Jun 30, 2024 | 81.34 Mn |
| Mar 31, 2024 | 92.50 Mn |
| Dec 31, 2023 | 77.03 Mn |
| Sep 30, 2023 | 66.91 Mn |
| Jun 30, 2023 | 75.73 Mn |
| Mar 31, 2023 | 95.36 Mn |
| Dec 31, 2022 | 77.67 Mn |
| Sep 30, 2022 | 76.31 Mn |
| Jun 30, 2022 | 84.79 Mn |
| Mar 31, 2022 | 88.10 Mn |
| Dec 31, 2021 | 72.58 Mn |
| Sep 30, 2021 | 74.00 Mn |
Marketaxess Holdings Operating Income 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=operating-income&ticker=MKTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();