MarketAxess (MKTX)
Runs an electronic marketplace and workflow network for institutional fixed-income trading.
$163.58
vs last close+0.14 (+0.08%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 173 | 195 | 212 | 197 | 208 | 202 | 207 | 224 | 211 | 207 | 233 | 218 |
| Cost of revenue | 56 | 63 | 60 | 60 | 62 | 62 | 60 | 64 | 65 | 66 | 63 | 88 |
| Gross profit | 117 | 132 | 152 | 137 | 146 | 140 | 146 | 160 | 145 | 141 | 170 | 130 |
| 54 | 51 | 60 | 55 | 54 | 67 | 55 | 63 | 61 | 64 | 69 | 40 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 |
| Other expenses | 54 | 51 | 60 | 55 | 54 | 67 | 55 | 63 | 61 | 64 | 69 | 19 |
| Operating income | 64 | 81 | 92 | 82 | 92 | 73 | 91 | 97 | 85 | 77 | 101 | 90 |
| 8 | 3 | 5 | 4 | 1 | 12 | 5 | 0 | 9 | 3 | 3 | 0 | |
| Interest income | 7 | 6 | 6 | 6 | 7 | 7 | 7 | 6 | 6 | 5 | 4 | 5 |
| Interest expense | 0 | 2 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 2 |
| Other non-operating income | −8 | −5 | −5 | −5 | −1 | −12 | −5 | 0 | −9 | −4 | −6 | 3 |
| Income before tax | 72 | 84 | 97 | 86 | 93 | 85 | 96 | 97 | 94 | 80 | 104 | 90 |
| Income tax expense | 17 | 14 | 24 | 21 | 21 | 19 | 81 | 26 | 25 | −13 | 26 | 21 |
| Net income from continuing operations | 55 | 70 | 73 | 65 | 71 | 65 | 15 | 71 | 68 | 92 | 78 | 68 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 55 | 70 | 73 | 65 | 71 | 65 | 15 | 71 | 68 | 92 | 78 | 68 |
| EPS, basic | $1.47 | $1.84 | $1.92 | $1.72 | $1.91 | $1.74 | $0.40 | $1.91 | $1.84 | $2.51 | $2.21 | $1.93 |
| EPS, diluted | $1.46 | $1.84 | $1.92 | $1.72 | $1.90 | $1.73 | $0.40 | $1.91 | $1.84 | $2.51 | $2.20 | $1.93 |
| Weighted average shares, basic | 37 | 38 | 38 | 38 | 38 | 37 | 37 | 37 | 37 | 37 | 35 | 35 |
| Weighted average shares, diluted | 38 | 38 | 38 | 38 | 38 | 38 | 37 | 37 | 37 | 37 | 35 | 35 |
| EBITDA | 91 | 107 | 117 | 107 | 114 | 105 | 116 | 119 | 115 | 102 | 126 | 106 |
| Depreciation & amortization | 19 | 21 | 20 | 20 | 21 | 20 | 20 | 21 | 22 | 22 | 19 | 19 |
| EBIT | 72 | 85 | 97 | 87 | 93 | 85 | 96 | 98 | 94 | 81 | 107 | 87 |
