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MarketAxess（MKTX）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Rapid7, Inc.的季度营收约是MarketAxess的1.0倍（$217.4M vs $209.4M），MarketAxess净利率更高（44.0% vs 1.4%，领先42.6%），MarketAxess同比增速更快（3.5% vs 0.5%），MarketAxess自由现金流更多（$373.9M vs $36.4M），过去两年Rapid7, Inc.的营收复合增速更高（3.0% vs -0.2%）
MarketAxess Holdings Inc.是一家国际金融科技企业，运营面向机构信贷市场的电子交易平台，同时提供市场数据及交易后服务，支持机构投资者、经纪自营商开展企业债券等各类固定收益类信用工具的交易。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
MKTX vs RPD — 直观对比
营收规模更大
RPD
是对方的1.0倍
$209.4M
营收增速更快
MKTX
高出2.9%
0.5%
净利率更高
MKTX
高出42.6%
1.4%
自由现金流更多
MKTX
多$337.5M
$36.4M
两年增速更快
RPD
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $209.4M | $217.4M |
| 净利润 | $92.2M | $3.1M |
| 毛利率 | — | 68.9% |
| 营业利润率 | 36.3% | 1.0% |
| 净利率 | 44.0% | 1.4% |
| 营收同比 | 3.5% | 0.5% |
| 净利润同比 | 41.6% | 44.1% |
| 每股收益（稀释后） | $2.49 | $0.05 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MKTXRPD
| Q4 25 | $209.4M | $217.4M | ||
| Q3 25 | $208.8M | $218.0M | ||
| Q2 25 | $219.5M | $214.2M | ||
| Q1 25 | $208.6M | $210.3M | ||
| Q4 24 | $202.4M | $216.3M | ||
| Q3 24 | $206.7M | $214.7M | ||
| Q2 24 | $197.7M | $208.0M | ||
| Q1 24 | $210.3M | $205.1M |
净利润MKTXRPD
| Q4 25 | $92.2M | $3.1M | ||
| Q3 25 | $68.2M | $9.8M | ||
| Q2 25 | $71.1M | $8.3M | ||
| Q1 25 | $15.1M | $2.1M | ||
| Q4 24 | $65.1M | $2.2M | ||
| Q3 24 | $71.5M | $15.4M | ||
| Q2 24 | $64.9M | $6.5M | ||
| Q1 24 | $72.6M | $1.4M |
毛利率MKTXRPD
| Q4 25 | — | 68.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | 71.7% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 70.7% | ||
| Q1 24 | — | 70.3% |
营业利润率MKTXRPD
| Q4 25 | 36.3% | 1.0% | ||
| Q3 25 | 41.0% | 2.7% | ||
| Q2 25 | 41.9% | 1.6% | ||
| Q1 25 | 42.4% | -0.0% | ||
| Q4 24 | 39.5% | 3.4% | ||
| Q3 24 | 42.1% | 6.0% | ||
| Q2 24 | 41.2% | 2.5% | ||
| Q1 24 | 44.0% | 4.7% |
净利率MKTXRPD
| Q4 25 | 44.0% | 1.4% | ||
| Q3 25 | 32.6% | 4.5% | ||
| Q2 25 | 32.4% | 3.9% | ||
| Q1 25 | 7.2% | 1.0% | ||
| Q4 24 | 32.2% | 1.0% | ||
| Q3 24 | 34.6% | 7.2% | ||
| Q2 24 | 32.9% | 3.1% | ||
| Q1 24 | 34.5% | 0.7% |
每股收益（稀释后）MKTXRPD
| Q4 25 | $2.49 | $0.05 | ||
| Q3 25 | $1.84 | $0.15 | ||
| Q2 25 | $1.91 | $0.13 | ||
| Q1 25 | $0.40 | $0.03 | ||
| Q4 24 | $1.74 | $0.08 | ||
| Q3 24 | $1.90 | $0.21 | ||
| Q2 24 | $1.72 | $0.09 | ||
| Q1 24 | $1.92 | $0.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $519.7M | $474.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $154.7M |
| 总资产 | $1.9B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MKTXRPD
| Q4 25 | $519.7M | $474.7M | ||
| Q3 25 | $473.3M | $407.1M | ||
| Q2 25 | $462.8M | $511.7M | ||
| Q1 25 | $486.2M | $493.5M | ||
| Q4 24 | $544.5M | $521.7M | ||
| Q3 24 | $446.3M | $443.7M | ||
| Q2 24 | $434.1M | $442.6M | ||
| Q1 24 | $376.7M | $411.7M |
股东权益MKTXRPD
| Q4 25 | $1.1B | $154.7M | ||
| Q3 25 | $1.4B | $127.2M | ||
| Q2 25 | $1.4B | $90.4M | ||
| Q1 25 | $1.3B | $52.7M | ||
| Q4 24 | $1.4B | $17.7M | ||
| Q3 24 | $1.4B | $-5.1M | ||
| Q2 24 | $1.3B | $-52.6M | ||
| Q1 24 | $1.3B | $-86.4M |
总资产MKTXRPD
| Q4 25 | $1.9B | $1.7B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $2.0B | $1.6B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.9B | $1.5B | ||
| Q1 24 | $1.9B | $1.5B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $382.1M | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $373.9M | $36.4M |
| 自由现金流率自由现金流/营收 | 178.6% | 16.8% |
| 资本支出强度资本支出/营收 | 3.9% | 0.5% |
| 现金转化率经营现金流/净利润 | 4.14× | 12.01× |
| 过去12个月自由现金流最近4个季度 | $592.8M | $146.2M |
8季度趋势，按日历期对齐
经营现金流MKTXRPD
| Q4 25 | $382.1M | $37.6M | ||
| Q3 25 | $90.2M | $39.0M | ||
| Q2 25 | $103.7M | $47.5M | ||
| Q1 25 | $29.6M | $29.8M | ||
| Q4 24 | $385.2M | $63.8M | ||
| Q3 24 | $95.1M | $44.0M | ||
| Q2 24 | $118.8M | $32.9M | ||
| Q1 24 | $-4.9M | $31.1M |
自由现金流MKTXRPD
| Q4 25 | $373.9M | $36.4M | ||
| Q3 25 | $88.7M | $34.8M | ||
| Q2 25 | $102.5M | $46.6M | ||
| Q1 25 | $27.7M | $28.4M | ||
| Q4 24 | $375.3M | $62.6M | ||
| Q3 24 | $94.3M | $42.6M | ||
| Q2 24 | $111.2M | $32.6M | ||
| Q1 24 | $-6.1M | $30.4M |
自由现金流率MKTXRPD
| Q4 25 | 178.6% | 16.8% | ||
| Q3 25 | 42.5% | 16.0% | ||
| Q2 25 | 46.7% | 21.8% | ||
| Q1 25 | 13.3% | 13.5% | ||
| Q4 24 | 185.4% | 28.9% | ||
| Q3 24 | 45.6% | 19.9% | ||
| Q2 24 | 56.2% | 15.7% | ||
| Q1 24 | -2.9% | 14.8% |
资本支出强度MKTXRPD
| Q4 25 | 3.9% | 0.5% | ||
| Q3 25 | 0.7% | 1.9% | ||
| Q2 25 | 0.5% | 0.4% | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | 4.9% | 0.5% | ||
| Q3 24 | 0.4% | 0.6% | ||
| Q2 24 | 3.9% | 0.1% | ||
| Q1 24 | 0.6% | 0.3% |
现金转化率MKTXRPD
| Q4 25 | 4.14× | 12.01× | ||
| Q3 25 | 1.32× | 3.97× | ||
| Q2 25 | 1.46× | 5.70× | ||
| Q1 25 | 1.97× | 14.14× | ||
| Q4 24 | 5.91× | 29.36× | ||
| Q3 24 | 1.33× | 2.85× | ||
| Q2 24 | 1.83× | 5.03× | ||
| Q1 24 | -0.07× | 22.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MKTX
| Commission Revenue | $181.3M | 87% |
| Information Services | $13.5M | 6% |
| Post Trade Services | $11.0M | 5% |
| Technology Services | $3.6M | 2% |
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
