MarketAxess Q1 Revenue Rises 11.9% to $233.4 Million, Beating Estimates

StockStory··Read original
2▲2 ▼1Impact / 5
Summary · why it matters

MarketAxess reported first-quarter revenues of $233.4 million, up 11.9% year on year and exceeding analysts' expectations by 0.6%. The electronic bond-trading platform also delivered a solid beat on EBITDA estimates. Among the ten financial exchanges and data stocks tracked, the group overall posted a satisfactory quarter with revenues beating consensus by 1.1%, though share prices have fallen an average of 7.4% since reporting. Morningstar was the best performer against estimates with revenues of $644.8 million, up 10.8% and beating by 2.9%, while CME Group was the weakest, with revenues of $1.88 billion missing estimates by 1.4%. MarketAxess shares have declined 19.2% since the report and currently trade at $120.33.

Impact on assets 5

Financials▲ · 2 stocks
Morningstar Inc
MORN
▲ PositiveCapitalrelevance

Morningstar was the best performer against estimates with revenues of $644.8M, up 10.8% and beating by 2.9%.

Carbon Removal (DAC)▼ · 2 stocks
CME Group Inc
CME
▼ NegativeCapitalrelevance

CME Group missed revenue estimates, reported as weakest performer among peers.

Digital Finance & Tokenization▲ · 1 stocks
© 2026 MarketIVNews