MarketAxess Quarterly Cash Flow Statement
NASDAQ: MKTXFinanceInvestment Bankers/Brokers/ServiceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MarketAxess free cash flow
In the quarter ended Jun 30, 2026, MarketAxess generated $26.8 million of operating cash flow and spent $649,000 on capital expenditures. That left free cash flow of $26.2 million, a free-cash-flow margin of 12.0% of revenue. Free cash flow was down 74.5% from the prior year's $102.5 million.
MarketAxess returned $27.5 million to shareholders through dividends, equal to 105% of free cash flow. Free cash flow covered dividend payments 1.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
MarketAxess cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 68.32M | 78.11M | 92.39M | 68.27M | 71.18M | 15.06M | 65.14M | 71.49M | 64.94M | 72.61M | 69.63M | 54.94M |
| Net Income growth (YoY) | -4.01% | +418.47% | +41.84% | -4.50% | +9.61% | -79.25% | -6.45% | +30.12% | +8.48% | -1.38% | +17.56% | -7.36% |
| Depreciation & Amortization | 19.31M | 19.21M | 19.61M | 19.66M | 19.20M | 18.24M | 18.54M | 18.73M | 18.36M | 18.20M | 19.53M | 17.56M |
| Stock-Based Compensation | 8.68M | 9.15M | 7.20M | 8.37M | 8.01M | 7.33M | 6.62M | 7.98M | 7.98M | 7.10M | 7.33M | 7.48M |
| Change in Working Capital | -1.57M | -33.18M | 17.79M | 1.89M | 757.00K | -17.99M | 11.38M | -8.52M | 18.16M | -20.20M | 11.14M | -2.13M |
| Operating Cash Flow | 26.81M | -75.33M | 158.63M | 90.16M | 103.71M | 29.63M | 176.25M | 95.09M | 118.85M | -4.95M | 141.69M | 79.16M |
| Capital Expenditures | -649.00K | -259.00K | -3.57M | -1.50M | -1.21M | -1.93M | -215.00K | -835.00K | -7.70M | -1.20M | -2.07M | -5.98M |
| Investing Cash Flow | -11.49M | -19.26M | -16.93M | -11.82M | -51.03M | -17.15M | -11.67M | -41.52M | -17.92M | -15.83M | -91.67M | -15.85M |
| Dividends Paid | -27.49M | -28.40M | -28.05M | -29.45M | -28.24M | -29.46M | -27.70M | -27.70M | -27.82M | -29.48M | -27.52M | -26.89M |
| Share Repurchases | 0 | 0 | -300.00M | -45.25M | -36.69M | -38.08M | -16.84M | -15.03M | -33.45M | -10.15M | 0 | 0 |
| Financing Cash Flow | -143.61M | -28.66M | -108.44M | -81.61M | -65.25M | -77.07M | -44.91M | -42.45M | -61.47M | -52.54M | -36.27M | -23.11M |
| Net Change in Cash | -128.51M | -127.61M | 33.08M | -7.68M | 6.00M | -56.01M | 100.45M | 25.88M | 38.97M | -76.51M | 22.78M | 31.57M |
| Free Cash Flow | 26.16M | -75.59M | 155.06M | 88.67M | 102.51M | 27.70M | 176.03M | 94.25M | 111.15M | -6.15M | 139.61M | 73.18M |
This table shows 12 quarterly periods of MarketAxess's cash flow statement, from Q2 2026 back to Q3 2023, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MKTX's reporting calendar. What is a cash flow statement?