Marketaxess Holdings annual operating expenses
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Marketaxess Holdings Operating Expenses Growth & History (MKTX)
Marketaxess Holdings's operating expenses was $504.4M for fiscal 2025.
View full Marketaxess Holdings company overviewMarketaxess Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $504.4M | $28.2M | +5.92% |
| 2024 | 2024-12-31 | $476.2M | $38.7M | +8.84% |
| 2023 | 2023-12-31 | $437.5M | $46.1M | +11.78% |
| 2022 | 2022-12-31 | $391.4M | $29.7M | +8.21% |
| 2021 | 2021-12-31 | $361.7M | $47.3M | +15.05% |
| 2020 | 2020-12-31 | $314.4M | $53.9M | +20.70% |
| 2019 | 2019-12-31 | $260.5M | $37.5M | +16.81% |
| 2018 | 2018-12-31 | $223.0M | $29.2M | +15.05% |
| 2017 | 2017-12-31 | $193.8M | $16.1M | +9.04% |
| 2016 | 2016-12-31 | $177.7M | $22.5M | +14.53% |
| 2015 | 2015-12-31 | $155.2M | $11.0M | +7.60% |
| 2014 | 2014-12-31 | $144.2M | $12.8M | +9.73% |
| 2013 | 2013-12-31 | $131.5M | $30.0M | +29.55% |
| 2012 | 2012-12-31 | $101.5M | $11.0M | +12.22% |
| 2011 | 2011-12-31 | $90.4M | −$4.9M | −5.13% |
| 2010 | 2010-12-31 | $95.3M | $10.9M | +12.95% |
| 2009 | 2009-12-31 | $84.4M | — | — |
Marketaxess Holdings quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $128.5M | $940,000 | +0.74% |
| Q1 2026 | 2026-03-31 | $132.5M | $12.3M | +10.20% |
| Q4 2025 | 2025-12-31 | $133.4M | $11.0M | +8.96% |
| Q3 2025 | 2025-09-30 | $123.2M | $3.6M | +2.99% |
| Q2 2025 | 2025-06-30 | $127.6M | $11.3M | +9.69% |
| Q1 2025 | 2025-03-31 | $120.2M | $2.4M | +2.02% |
| Q4 2024 | 2024-12-31 | $122.4M | $2.2M | +1.84% |
| Q3 2024 | 2024-09-30 | $119.7M | $14.3M | +13.56% |
| Q2 2024 | 2024-06-30 | $116.3M | $12.2M | +11.72% |
| Q1 2024 | 2024-03-31 | $117.8M | $10.0M | +9.28% |
| Q4 2023 | 2023-12-31 | $120.2M | $20.0M | +19.95% |
| Q3 2023 | 2023-09-30 | $105.4M | $9.6M | +9.99% |
| Q2 2023 | 2023-06-30 | $104.1M | $6.7M | +6.85% |
| Q1 2023 | 2023-03-31 | $107.8M | $9.9M | +10.07% |
| Q4 2022 | 2022-12-31 | $100.2M | $7.8M | +8.38% |
| Q3 2022 | 2022-09-30 | $95.8M | $7.7M | +8.75% |
| Q2 2022 | 2022-06-30 | $97.4M | $8.3M | +9.29% |
| Q1 2022 | 2022-03-31 | $98.0M | $6.0M | +6.48% |
| Q4 2021 | 2021-12-31 | $92.5M | $12.8M | +16.11% |
| Q3 2021 | 2021-09-30 | $88.1M | $11.9M | +15.61% |
| Q2 2021 | 2021-06-30 | $89.2M | $8.5M | +10.53% |
| Q1 2021 | 2021-03-31 | $92.0M | $14.1M | +18.10% |
| Q4 2020 | 2020-12-31 | $79.6M | $10.7M | +15.56% |
| Q3 2020 | 2020-09-30 | $76.2M | $10.6M | +16.10% |
| Q2 2020 | 2020-06-30 | $80.7M | $16.0M | +24.84% |
| Q1 2020 | 2020-03-31 | $77.9M | $16.6M | +27.06% |
| Q4 2019 | 2019-12-31 | $68.9M | $10.4M | +17.86% |
| Q3 2019 | 2019-09-30 | $65.6M | $10.6M | +19.26% |
| Q2 2019 | 2019-06-30 | $64.6M | $9.7M | +17.63% |
| Q1 2019 | 2019-03-31 | $61.3M | $6.8M | +12.40% |
| Q4 2018 | 2018-12-31 | $58.5M | $8.8M | +17.61% |
| Q3 2018 | 2018-09-30 | $55.0M | $6.1M | +12.43% |
| Q2 2018 | 2018-06-30 | $54.9M | $7.6M | +16.06% |
| Q1 2018 | 2018-03-31 | $54.5M | $6.7M | +14.09% |
| Q4 2017 | 2017-12-31 | $49.7M | $6.2M | +14.21% |
| Q3 2017 | 2017-09-30 | $48.9M | $5.0M | +11.46% |
| Q2 2017 | 2017-06-30 | $47.3M | $1.2M | +2.69% |
| Q1 2017 | 2017-03-31 | $47.8M | $3.6M | +8.15% |
| Q4 2016 | 2016-12-31 | $43.5M | $3.9M | +9.78% |
| Q3 2016 | 2016-09-30 | $43.9M | $5.1M | +13.07% |
| Q2 2016 | 2016-06-30 | $46.1M | $7.7M | +19.92% |
| Q1 2016 | 2016-03-31 | $44.2M | $5.9M | +15.51% |
| Q4 2015 | 2015-12-31 | $39.7M | $3.0M | +8.12% |
| Q3 2015 | 2015-09-30 | $38.8M | $2.9M | +7.96% |
| Q2 2015 | 2015-06-30 | $38.4M | $2.5M | +7.07% |
| Q1 2015 | 2015-03-31 | $38.3M | $2.6M | +7.23% |
| Q4 2014 | 2014-12-31 | $36.7M | $1.0M | +2.90% |
| Q3 2014 | 2014-09-30 | $36.0M | $1.2M | +3.55% |
| Q2 2014 | 2014-06-30 | $35.9M | $3.8M | +11.87% |
| Q1 2014 | 2014-03-31 | $35.7M | $6.7M | +23.15% |
| Q4 2013 | 2013-12-31 | $35.6M | $14.7M | +70.08% |
| Q3 2013 | 2013-09-30 | $34.7M | $9.8M | +39.53% |
| Q2 2013 | 2013-06-30 | $32.1M | $4.5M | +16.14% |
| Q1 2013 | 2013-03-31 | $29.0M | $993,000 | +3.55% |
| Q4 2012 | 2012-12-31 | $21.0M | $6.6M | +46.27% |
| Q3 2012 | 2012-09-30 | $24.9M | $634,000 | +2.61% |
| Q2 2012 | 2012-06-30 | $27.6M | $1.7M | +6.72% |
| Q1 2012 | 2012-03-31 | $28.0M | $2.0M | +7.88% |
| Q4 2011 | 2011-12-31 | $14.3M | — | — |
| Q3 2011 | 2011-09-30 | $24.3M | $379,000 | +1.59% |
| Q2 2011 | 2011-06-30 | $25.9M | $2.4M | +10.29% |
| Q1 2011 | 2011-03-31 | $25.9M | — | — |
| Q3 2010 | 2010-09-30 | $23.9M | — | — |
| Q2 2010 | 2010-06-30 | $23.5M | — | — |
Marketaxess Holdings operating expenses trends
Over the last five fiscal years, Marketaxess Holdings's operating expenses increased from $314.4M to $504.4M, a change of $190.0M. The latest reported quarter, Q2 2026, shows $128.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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