MarketAxess Forecasts Mid-Single-Digit Revenue Growth In 2026, Guides 2026 Expenses Up 8% With $65M–$75M Planned CapEx For Platform Upgrades
Benzinga Newsdesk 8 months ago
NewsGuidance
Full Year 2026 Guidance4For the full year 2026, the Company is providing the following guidance:Services revenue is expected to grow in the mid-single digits (percent).Expenses, excluding notable items, are expected to
Full Year 2026 Guidance4
For the full year 2026, the Company is providing the following guidance:
- Services revenue is expected to grow in the mid-single digits (percent).
- Expenses, excluding notable items, are expected to be in the range of $530.0 million to $545.0 million. Based on the midpoint of the stated guidance range, total expenses are expected to increase by 8%.
- The effective tax rate is expected to be between 24.0% and 26.0%.
- Capital expenditures to support new protocols, products and trading platform enhancements are expected to be in the range of $65.0 million to $75.0 million.