MarketAxess (MKTX) Revenue & Revenue Breakdown
MarketAxess Revenue Highlights
Latest Revenue (Y)
$752.55M
Latest Revenue (Q)
$197.66M
Main Segment (Y)
Commission Revenue
Main Geography (Y)
Americas
MarketAxess Revenue by Period
MarketAxess Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $752.55M | 4.77% |
| 2022-12-31 | $718.30M | 2.77% |
| 2021-12-31 | $698.95M | 1.43% |
| 2020-12-31 | $689.13M | 34.77% |
| 2019-12-31 | $511.35M | 17.40% |
| 2018-12-31 | $435.56M | 9.58% |
| 2017-12-31 | $397.47M | 7.45% |
| 2016-12-31 | $369.92M | 22.05% |
| 2015-12-31 | $303.10M | 15.35% |
| 2014-12-31 | $262.77M | 10.07% |
| 2013-12-31 | $238.73M | 20.45% |
| 2012-12-31 | $198.20M | 9.45% |
| 2011-12-31 | $181.10M | 23.85% |
| 2010-12-31 | $146.23M | 27.78% |
| 2009-12-31 | $114.44M | 22.94% |
| 2008-12-31 | $93.08M | -0.60% |
| 2007-12-31 | $93.64M | 12.39% |
| 2006-12-31 | $83.32M | 6.05% |
| 2005-12-31 | $78.56M | 3.65% |
| 2004-12-31 | $75.80M | 29.66% |
| 2003-12-31 | $58.46M | 212.60% |
| 2002-12-31 | $18.70M | 183.44% |
| 2001-12-31 | $6.60M | - |
MarketAxess generated $752.55M in revenue during NA 2023, up 4.77% compared to the previous quarter, and up 172.77% compared to the same period a year ago.
MarketAxess Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $197.66M | -6.61% |
| 2024-03-31 | $211.66M | 7.58% |
| 2023-12-31 | $196.75M | 14.20% |
| 2023-09-30 | $172.28M | -4.20% |
| 2023-06-30 | $179.85M | -11.48% |
| 2023-03-31 | $203.17M | 14.20% |
| 2022-12-31 | $177.90M | 3.36% |
| 2022-09-30 | $172.11M | -5.55% |
| 2022-06-30 | $182.23M | -2.06% |
| 2022-03-31 | $186.06M | 12.72% |
| 2021-12-31 | $165.06M | 1.83% |
| 2021-09-30 | $162.09M | -8.08% |
| 2021-06-30 | $176.33M | -9.79% |
| 2021-03-31 | $195.46M | 14.08% |
| 2020-12-31 | $171.35M | 4.48% |
| 2020-09-30 | $164.01M | -11.25% |
| 2020-06-30 | $184.79M | 9.36% |
| 2020-03-31 | $168.98M | 30.21% |
| 2019-12-31 | $129.77M | -1.39% |
| 2019-09-30 | $131.60M | 4.87% |
| 2019-06-30 | $125.49M | 0.80% |
| 2019-03-31 | $124.49M | 10.71% |
| 2018-12-31 | $112.44M | 10.84% |
| 2018-09-30 | $101.44M | -6.37% |
| 2018-06-30 | $108.35M | -6.50% |
| 2018-03-31 | $115.88M | 16.39% |
| 2017-12-31 | $99.56M | 2.96% |
| 2017-09-30 | $96.70M | -0.63% |
| 2017-06-30 | $97.31M | -6.33% |
| 2017-03-31 | $103.89M | 10.01% |
| 2016-12-31 | $94.44M | 4.61% |
| 2016-09-30 | $90.27M | -6.59% |
| 2016-06-30 | $96.64M | 9.11% |
| 2016-03-31 | $88.57M | 15.56% |
| 2015-12-31 | $76.64M | 3.30% |
| 2015-09-30 | $74.19M | -1.72% |
| 2015-06-30 | $75.49M | -1.67% |
| 2015-03-31 | $76.77M | 9.41% |
| 2014-12-31 | $70.17M | 9.22% |
| 2014-09-30 | $64.25M | -1.11% |
| 2014-06-30 | $64.96M | 2.47% |
| 2014-03-31 | $63.40M | 4.89% |
| 2013-12-31 | $60.44M | -1.13% |
| 2013-09-30 | $61.13M | -6.75% |
| 2013-06-30 | $65.56M | 18.00% |
| 2013-03-31 | $55.56M | 10.26% |
| 2012-12-31 | $50.39M | 4.41% |
| 2012-09-30 | $48.26M | -1.16% |
| 2012-06-30 | $48.83M | -3.76% |
| 2012-03-31 | $50.73M | 12.41% |
| 2011-12-31 | $45.13M | -3.07% |
| 2011-09-30 | $46.56M | 1.69% |
| 2011-06-30 | $45.79M | 5.00% |
| 2011-03-31 | $43.61M | 12.96% |
| 2010-12-31 | $38.60M | 3.19% |
| 2010-09-30 | $37.41M | 5.91% |
| 2010-06-30 | $35.33M | 1.27% |
| 2010-03-31 | $34.88M | 2.72% |
| 2009-12-31 | $33.96M | 13.16% |
| 2009-09-30 | $30.01M | 16.14% |
| 2009-06-30 | $25.84M | 4.90% |
| 2009-03-31 | $24.63M | 12.85% |
| 2008-12-31 | $21.83M | -3.76% |
| 2008-09-30 | $22.68M | -11.53% |
| 2008-06-30 | $25.64M | 11.76% |
| 2008-03-31 | $22.94M | 2.52% |
| 2007-12-31 | $22.38M | - |
MarketAxess generated $197.66M in revenue during Q2 2024, up -6.61% compared to the previous quarter, and up 97.29% compared to the same period a year ago.
MarketAxess Revenue Breakdown
MarketAxess Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Commission Revenue | $662.96M | $641.18M | $621.01M | $634.45M | $463.86M |
| Technology Services | $3.02M | - | - | - | - |
| Post Trade Services | $40.18M | $15.88M | $15.80M | $15.86M | $13.14M |
| Information Services | $46.38M | $11.23M | $10.33M | $8.53M | $7.26M |
| Other Revenues | - | $926.00K | $846.00K | $879.00K | $1.00M |
MarketAxess's latest annual revenue breakdown by segment (product or service), as of Dec 23: Commission Revenue (88.10%), Information Services (6.16%), Post Trade Services (5.34%), and Technology Services (0.40%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Information Services | $11.88M | $28.47M | $11.80M | $3.11M | $3.00M | $2.96M | $2.81M | $2.75M | $2.71M | $2.72M | $2.65M | $2.51M | $2.45M | $2.25M | $2.00M | $1.84M | $1.82M | - | - | - |
| Commission Revenue | $184.87M | $171.89M | $150.50M | $158.59M | $181.99M | $158.44M | $153.16M | $163.46M | $166.11M | $145.91M | $142.83M | $156.43M | $175.84M | $155.81M | $150.59M | $172.09M | $155.95M | $117.10M | $119.87M | $114.12M |
| Technology Services | $2.83M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Post Trade Services | $10.73M | $10.97M | $17.34M | $4.99M | $6.87M | $5.34M | $3.04M | $3.50M | $4.00M | $4.06M | $3.68M | $4.05M | $4.00M | $4.03M | $3.47M | $3.73M | $3.96M | - | - | - |
| Other Revenues | - | - | $154.00K | $190.00K | $188.00K | $240.00K | $237.00K | $226.00K | $223.00K | $217.00K | $215.00K | $211.00K | $203.00K | $198.00K | $230.00K | $222.00K | $229.00K | $233.00K | $251.00K | $254.00K |
MarketAxess's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Commission Revenue (87.90%), Information Services (5.65%), Post Trade Services (5.10%), and Technology Services (1.35%).
MarketAxess Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Europe | $136.99M | $119.11M | $110.07M | $89.75M | - |
| Americas | $597.14M | $581.93M | $568.92M | $583.16M | - |
| Asia | $18.41M | $17.25M | $19.96M | $16.21M | - |
| UNITED STATES | - | - | - | - | $424.73M |
| Other Geographic Area | - | - | - | - | $2.54M |
MarketAxess's latest annual revenue breakdown by geography, as of Dec 23: Americas (79.35%), Europe (18.20%), and Asia (2.45%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | $37.73M | $35.33M | $31.40M | $33.52M | $36.74M | $32.45M | $28.12M | $27.80M | $30.74M | $26.22M | $25.99M | $28.32M | $29.54M | - | - | - | - | - | - | - |
| Asia | $5.76M | $4.74M | $4.49M | $4.33M | $4.86M | $3.45M | $3.97M | $5.07M | $4.76M | $4.59M | $4.80M | $4.78M | $5.80M | - | - | - | - | - | - | - |
| Other Geographic Area | $5.76M | $5.32M | $4.98M | $4.95M | $639.00K | $654.00K | $643.00K | $609.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Americas | $166.83M | $157.18M | $136.40M | $142.00M | $161.57M | $142.00M | $140.02M | $149.36M | $150.56M | $134.25M | $131.31M | $143.24M | $160.12M | - | - | - | - | - | - | - |
| UNITED STATES | - | - | - | - | - | - | - | - | - | - | - | - | - | $138.13M | $157.73M | $141.61M | $107.45M | $109.53M | $104.14M | $103.61M |
MarketAxess's latest quarterly revenue breakdown by geography, as of Mar 24: Americas (77.21%), Europe (17.46%), Asia (2.66%), and Other Geographic Area (2.66%).
MarketAxess Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| RJF | Raymond James Financial | $11.47B | $3.76B |
| LPLA | LPL Financial | $10.05B | $2.93B |
| IBKR | Interactive Brokers Group | $7.81B | $2.21B |
| SF | Stifel Financial | $5.16B | $1.47B |
| LAZ | Lazard | $2.59B | $707.99M |
| EVR | Evercore | $2.44B | $693.41M |
| HLI | Houlihan Lokey | $1.91B | $513.61M |
| PIPR | Piper Sandler Companies | $1.36B | $340.84M |
| PJT | PJT Partners | $1.15B | $360.18M |
| MC | Moelis & Company | $854.75M | $264.59M |
| MKTX | MarketAxess | $752.55M | $197.66M |
| PWP | Perella Weinberg Partners | $648.65M | $272.00M |
MKTX Revenue FAQ
What is MarketAxess’s yearly revenue?
MarketAxess's yearly revenue for 2023 was $752.55M, representing an increase of 4.77% compared to 2022. The company's yearly revenue for 2022 was $718.3M, representing an increase of 2.77% compared to 2021. MKTX's yearly revenue for 2021 was $698.95M, representing an increase of 1.43% compared to 2020.
What is MarketAxess’s quarterly revenue?
MarketAxess's quarterly revenue for Q2 2024 was $197.66M, a -6.61% decrease from the previous quarter (Q1 2024), and a 9.91% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $211.66M, a 7.58% increase from the previous quarter (Q4 2023), and a 4.18% increase year-over-year (Q1 2023). MKTX's quarterly revenue for Q4 2023 was $196.75M, a 14.20% increase from the previous quarter (Q3 2023), and a 10.59% increase year-over-year (Q4 2022).
What is MarketAxess’s revenue growth rate?
MarketAxess's revenue growth rate for the last 3 years (2021-2023) was 7.67%, and for the last 5 years (2019-2023) was 47.17%.
What are MarketAxess’s revenue streams?
MarketAxess's revenue streams in c 23 are Commission Revenue, Technology Services, Post Trade Services, and Information Services. Commission Revenue generated $662.96M in revenue, accounting 88.10% of the company's total revenue, up 3.40% year-over-year. Technology Services generated $3.02M in revenue, accounting 0.40% of the company's total revenue Post Trade Services generated $40.18M in revenue, accounting 5.34% of the company's total revenue, up 153.07% year-over-year. Information Services generated $46.38M in revenue, accounting 6.16% of the company's total revenue, up 313.10% year-over-year.
What is MarketAxess’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of MarketAxess was Commission Revenue. This segment made a revenue of $662.96M, representing 88.10% of the company's total revenue.