MarketAxess Holdings Inc

MKTX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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MarketAxess Earnings: Volatile Markets Drive Strong Results; Shares Undervalued

Michael Miller

May 7, 2026

MarketAxess reported a strong start to 2026 as first-quarter earnings benefited from high trading volume industrywide. Net revenue increased 12% from last year, while adjusted earnings per share rose 20% to $2.25.

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MarketAxess Holdings Inc

MarketAxess Earnings: Volatile Markets Drive Strong Results; Shares Undervalued

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