MarketAxess Income Statement
MKTX / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MarketAxess reported $846M in revenue and $247M in net income for FY2025. Revenue has grown at a 12.1% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 26.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $846.3M | $817.1M | $752.5M | $689.1M | $511.4M | $689.1M | $511.4M | $435.6M | $397.5M | $369.9M | $303.1M | $190.8M | $238.7M | $190.8M | $171.9M |
| SG&A Expense | $26.6M | $22.7M | $23.0M | $12.7M | $15.7M | $12.7M | $15.7M | $11.4M | $11.1M | $9.2M | $9.7M | $7.7M | $8.9M | $7.7M | $6.3M |
| Operating Income | $341.8M | $340.9M | $315.0M | $374.7M | $250.9M | $374.7M | $250.9M | $212.6M | $199.6M | $190.0M | - | - | - | - | - |
| Interest Expense | - | - | $2.0M | $1.1M | $1.1M | $1.1M | - | - | - | - | - | - | - | - | - |
| Income Tax | $120.1M | $86.4M | $74.6M | $75.0M | $52.5M | $75.0M | $52.5M | $45.2M | $53.7M | $65.4M | $51.9M | $27.6M | $38.7M | $27.6M | $32.0M |
| Net Income | $246.6M | $274.2M | $258.1M | $299.4M | $204.9M | $299.4M | $204.9M | $172.9M | $148.1M | $126.2M | $96.0M | $60.1M | $76.0M | $60.1M | $47.7M |
| EPS (Basic) | $6.87 | $7.29 | $6.87 | $8.01 | $5.53 | $8.01 | $5.53 | $4.68 | $2.62 | $2.03 | $2.62 | $1.65 | $1.29 | $1.65 | $1.29 |
| EPS (Diluted) | $6.85 | $7.28 | $6.85 | $7.85 | $5.40 | $7.85 | $5.40 | $4.57 | $2.55 | $1.97 | $2.55 | $1.59 | $1.20 | $1.59 | $1.20 |
| Shares Outstanding | 37.6M | 37.6M | 37.9M | 37.9M | 38.0M | 38.0M | 37.9M | 37.6M | 37.5M | 37.4M | 37.4M | 37.7M | 39.6M | 37.8M | 39.6M |
| Operating Margin | 40.4% | 41.7% | 41.9% | 54.4% | 49.1% | 54.4% | 49.1% | 48.8% | 50.2% | 51.4% | - | - | - | - | - |
| Profit Margin | 29.1% | 33.6% | 34.3% | 43.4% | 40.1% | 43.4% | 40.1% | 39.7% | 37.3% | 34.1% | 31.7% | 31.5% | 31.8% | 31.5% | 27.8% |