MarketAxess Holdings 2Q 2026: Revenue $218.4M, EPS $1.93— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.MarketAxess Holdings reported Q2 2026 results with revenue of $218.4M, down 0.5% year-over-year, and diluted EPS of $1.93, up 1.0%. Net income was $68.1M, a 4.3% decline. Year-to-date revenues rose 5.6%, driven by increased commissions and information services growth. The company continues shifting toward electronic trading, expanding platforms like Open Trading® and X-Pro, while emerging market volumes grew despite a decline in U.S. rates.
MarketAxess Holdings reported second-quarter 2026 results with revenue of $218.4M, roughly flat year over year, net income available to common stockholders of $68.1M and diluted earnings per share of $1.93.
Financial Highlights
- Revenue: $218.4M for Q2 2026, down from $219.5M in the year-ago quarter (0.5%).
- Net income: $68.1M available to common stockholders for Q2 2026, down from $71.1M in the year-ago quarter (4.3%).
- Diluted EPS: $1.93 for Q2 2026, compared with $1.91 in the year-ago quarter (1.0%).
Business Highlights
- Revenues rose 5.6% year-to-date, driven by a 4.6% increase in commissions and strong growth in information services.
- Ongoing shift toward electronic and automated trading protocols continued, with portfolio trading growth contributing to lower average fees per million.
- Platform and product momentum included expansion of Open Trading® and X-Pro, integration of AI-driven CP+ capabilities and contributions from a new RFQ hub.
- Operational investment increased in technology, cloud and data to support automation, algorithmic trading and post-trade services.
- Geographic mix shifted: emerging markets and eurobond volumes rose significantly while U.S. rates volumes declined.
Original SEC Filing: MARKETAXESS HOLDINGS INC [ MKTX ] - 10-Q - Aug. 07, 2026