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

Marketaxess Holdings (MKTX) has 17 years of Operating Margin data on file, last reported at 43.24% in Q1 2026.

• Quarterly Operating Margin rose 87.0% year-over-year to 43.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 40.68% (down 62.0% YoY) and the FY2025 annual result came in at 40.39%, down 132.0% from the prior year.
• Operating Margin rose to 43.24% in Q1 2026 per MKTX's latest filing, from 36.3% in the prior quarter.
• The five-year high for Operating Margin was 47.35% in Q1 2022, with the low at 85.24% in Q4 2023.
• Average Operating Margin over 5 years is 35.06%, with a median of 42.11% recorded in 2024.
• Year-over-year, Operating Margin plunged 12890 bps in 2023 and jumped 12475 bps in 2024.
• Marketaxess Holdings' Operating Margin stood at 43.66% in 2022, then slumped by 295 bps to 85.24% in 2023, then jumped by 146 bps to 39.51% in 2024, then retreated by 8 bps to 36.3% in 2025, then advanced by 19 bps to 43.24% in 2026.
• Business Quant data shows MKTX's Operating Margin at 43.24% in Q1 2026, 36.3% in Q4 2025, and 40.98% in Q3 2025.