Growth Metrics

Marketaxess Holdings (MKTX) Research & Development (2016 - 2025)

Marketaxess Holdings' Research & Development history spans 16 years, with the latest figure at $20.0 million for Q3 2025.

  • For Q3 2025, Research & Development rose 7.59% year-over-year to $20.0 million; the TTM value through Sep 2025 reached $76.2 million, up 7.96%, while the annual FY2024 figure was $72.2 million, 14.91% up from the prior year.
  • Research & Development for Q3 2025 was $20.0 million at Marketaxess Holdings, up from $19.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $20.0 million in Q3 2025 and bottomed at $10.0 million in Q1 2021.
  • The 5-year median for Research & Development is $15.2 million (2023), against an average of $15.1 million.
  • The largest annual shift saw Research & Development surged 32.86% in 2022 before it rose 5.85% in 2025.
  • A 5-year view of Research & Development shows it stood at $11.2 million in 2021, then grew by 25.68% to $14.1 million in 2022, then grew by 22.07% to $17.2 million in 2023, then grew by 9.07% to $18.8 million in 2024, then grew by 6.23% to $20.0 million in 2025.
  • Per Business Quant, the three most recent readings for MKTX's Research & Development are $20.0 million (Q3 2025), $19.4 million (Q2 2025), and $18.0 million (Q1 2025).