MARKETAXESS HOLDINGS INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that MARKETAXESS HOLDINGS INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $397.47M | Feb 23, 2018 |
| FY2017 | Dec 31, 2016 | $369.92M | Feb 23, 2018 |
| FY2017 | Dec 31, 2015 | $303.10M | Feb 23, 2018 |
| FY2016 | Dec 31, 2014 | $262.77M | Feb 21, 2017 |
| FY2015 | Dec 31, 2013 | $238.73M | Feb 25, 2016 |
| FY2014 | Dec 31, 2012 | $190.84M | Feb 25, 2015 |
| FY2013 | Dec 31, 2011 | $171.87M | Feb 24, 2014 |
| FY2012 | Dec 31, 2010 | $146.23M | Feb 21, 2013 |
| FY2011 | Dec 31, 2009 | $114.44M | Jul 6, 2012 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $846.27M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $817.10M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $752.55M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $718.30M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $698.95M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $689.13M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $511.35M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $435.57M | Feb 19, 2021 |
| FY2019 | Dec 31, 2017 | $393.42M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $367.73M | Mar 18, 2019 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $246.63M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $274.18M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $258.06M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $250.22M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $257.89M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $299.38M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $204.90M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $172.85M | Feb 19, 2021 |
| FY2019 | Dec 31, 2017 | $148.09M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $126.17M | Mar 18, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $341.84M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $340.87M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $315.02M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $326.88M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $337.24M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $374.73M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $250.88M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $212.58M | Feb 19, 2021 |
| FY2019 | Dec 31, 2017 | $199.62M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $189.99M | Mar 18, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $382.14M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $385.24M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $333.77M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $289.23M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $282.09M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $404.49M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $265.94M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $223.92M | Feb 19, 2021 |
| FY2019 | Dec 31, 2017 | $168.04M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $89.75M | Mar 18, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.20M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $9.94M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $9.33M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $13.14M | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $17.49M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $15.01M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $12.29M | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | $35.89M | Feb 19, 2021 |
| FY2019 | Dec 31, 2017 | $12.09M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $6.39M | Mar 18, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.93B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $1.79B | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $2.02B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $1.61B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $1.53B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $1.33B | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $954.93M | Feb 19, 2021 |
| FY2019 | Dec 31, 2018 | $695.54M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $581.23M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $528.04M | Feb 23, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $776.63M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $400.56M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $722.10M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $526.68M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $489.14M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $376.37M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $184.84M | Feb 19, 2021 |
| FY2019 | Dec 31, 2018 | $87.66M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $66.46M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $60.03M | Feb 23, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.15B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $1.39B | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $1.29B | Feb 24, 2026 |
| FY2025 | Dec 31, 2022 | $1.08B | Feb 24, 2026 |
| FY2024 | Dec 31, 2021 | $1.04B | Feb 24, 2025 |
| FY2023 | Dec 31, 2020 | $955.06M | Feb 22, 2024 |
| FY2022 | Dec 31, 2019 | $770.09M | Feb 22, 2023 |
| FY2021 | Dec 31, 2018 | $607.88M | Feb 23, 2022 |
| FY2020 | Dec 31, 2017 | $514.77M | Feb 19, 2021 |
| FY2019 | Dec 31, 2016 | $468.01M | Feb 18, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $283.67M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $236.71M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $236.71M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $154.79M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $154.79M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $147.39M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $146.86M | Feb 19, 2021 |
| FY2019 | Dec 31, 2018 | $59.71M | Feb 18, 2020 |
| FY2013 | Dec 31, 2013 | $26.09M | Feb 24, 2014 |
| FY2012 | Dec 31, 2012 | $31.80M | Feb 21, 2013 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.54B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $1.41B | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $1.24B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $1.10B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $956.97M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $799.37M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $591.09M | Feb 19, 2021 |
| FY2019 | Dec 31, 2018 | $463.25M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $353.58M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $255.14M | Feb 23, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $519.73M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $544.48M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $451.28M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $430.75M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $506.74M | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $460.86M | Feb 23, 2022 |
| FY2020 | Dec 31, 2019 | $270.12M | Feb 19, 2021 |
| FY2019 | Dec 31, 2018 | $246.32M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $167.01M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $168.24M | Feb 23, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6 | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | 6 | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | 6 | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | 8 | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | 5 | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Feb 19, 2021 |
| FY2019 | Dec 31, 2017 | 4 | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | 3 | Mar 18, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6 | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | 6 | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | 6 | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | 7 | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | 5 | Feb 23, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Feb 19, 2021 |
| FY2019 | Dec 31, 2017 | 3 | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | 3 | Mar 18, 2019 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 35.78M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | 37.65M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | 37.90M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | 37.65M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | 37.92M | Feb 22, 2023 |
| FY2020 | Dec 31, 2020 | 38.01M | Feb 19, 2021 |
| FY2020 | Dec 31, 2019 | 37.94M | Feb 19, 2021 |
| FY2019 | Dec 31, 2018 | 37.64M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | 37.62M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | 37.54M | Feb 23, 2018 |