MarketAxess Holdings Inc.

Our top performer in the third quarter was TVA Group, which gained 46.7%. TVA's first-half earnings reached levels not seen in over a decade. Intercontinental Exchange advanced 23.5% in Q3, validating our view in Scorecard 54 that the regulatory panic surrounding perpetual futures was overdone. Portfolio stalwart Visa Inc. was our third-best contributor in Q3, advancing 4.7% as payment volumes and revenues sustained their double-digit growth.

While the top- and bottom-line numbers for MarketAxess (MKTX) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

MarketAxess (MKTX) came out with quarterly earnings of $1.86 per share, missing the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.84 per share a year ago.

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the third quarter ended September 30, 2026. 3Q26 Select Financial and Operational Highlights (All comparisons vs 3Q25) Total revenues of $210.4 million increased 1%. Total commission revenue of $179.9 million was flat compared to the prior year. 6% growth in services revenue2 to $30.5 million. 6% growth in r.