Marketaxess Holdings (MKTX) Change in Taxes (2013 - 2026)

Marketaxess Holdings (MKTX) posted Change in Taxes of -$14.0 million for Q1 2026, up 76.21% sequentially from -$58.7 million in Q4 2025, and down 118.07% YoY from $77.3 million in Q1 2025.

Marketaxess Holdings (MKTX) Change in Taxes (2013 - 2026) Analysis & Trends

Marketaxess Holdings has reported Change in Taxes for 14 years, with the latest figure at -$14.0 million in Q1 2026.

  • Quarterly Change in Taxes fell 118.07% year-over-year to -$14.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$67.8 million (down 186.85% YoY) and the FY2025 annual result came in at $23.5 million, up 815.9% from the prior year.
  • Change in Taxes improved to -$14.0 million in Q1 2026 per MKTX's latest filing, from -$58.7 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $77.3 million in Q1 2025 and troughed at -$58.7 million in Q4 2025.
  • A 5-year average of -$776529.4 and a median of $47000.0 in 2024 frame the typical range for Change in Taxes.
  • The widest YoY moves for Change in Taxes: up 2031.89% in 2025, down 19651.06% in 2025.
  • Over 5 years, Change in Taxes stood at $3.6 million in 2022, then slumped by 401.77% to -$10.8 million in 2023, then soared by 117.33% to $1.9 million in 2024, then plunged by 3246.14% to -$58.7 million in 2025, then surged by 76.21% to -$14.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$14.0 million, -$58.7 million, and -$9.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn -
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -7.43 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Marketaxess Holdings 6.70 Bn 6.28 Bn - -13.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.97 Mn
Mar 31, 2026 -13.97 Mn
Dec 31, 2025 -58.71 Mn
Dec 31, 2025 -58.71 Mn
Sep 30, 2025 -9.19 Mn
Sep 30, 2025 -9.19 Mn
Jun 30, 2025 14.11 Mn
Jun 30, 2025 14.11 Mn
Mar 31, 2025 77.30 Mn
Mar 31, 2025 77.30 Mn
Dec 31, 2024 1.87 Mn
Dec 31, 2024 1.87 Mn
Sep 30, 2024 47,000.00
Sep 30, 2024 47,000.00
Jun 30, 2024 -1.20 Mn
Jun 30, 2024 -1.20 Mn
Mar 31, 2024 -4.00 Mn
Mar 31, 2024 -4.00 Mn
Dec 31, 2023 -10.77 Mn
Dec 31, 2023 -10.77 Mn