Marketaxess Holdings (MKTX) Tax Provisions (2010 - 2026)
Marketaxess Holdings (MKTX) recorded Tax Provisions of $21.44 million in Q2 2026, down 18.3% from $26.24 million a year earlier and down 16.9% from the prior quarter.
Marketaxess Holdings (MKTX) Tax Provisions (2010 - 2026) Analysis & Trends
On a TTM basis, Marketaxess Holdings' Tax Provisions came in at $60.02 million as of Jun 30, 2026, down 59.5% year-over-year; for FY2025, it came in at $120.08 million, up 39.0% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $86.37 million in FY2024 (+15.7%), $74.65 million in FY2023 (-15.2%), $88.06 million in FY2022 (+15.8%) and $76.04 million in FY2021 (+1.4%).
- Quarterly Tax Provisions has ranged from -$12.62 million in Q4 2025 to $81.1 million in Q1 2025 over the past five years.
- On a year-over-year basis, Tax Provisions rose in five of the last seven quarters, with growth averaging 36.5%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 236.5% in Q1 2025, against a decline of 68.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $25.8 million (Q1 2026), -$12.62 million (Q4 2025) and $25.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 136.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 475.00 Mn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 285.90 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 312.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 146.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 305.00 Mn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 118.00 Mn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 272.50 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 141.60 Mn |
| 10 | Marketaxess Holdings | 5.77 Bn | 4.17 Bn | - | 21.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.44 Mn |
| Mar 31, 2026 | 25.80 Mn |
| Dec 31, 2025 | -12.62 Mn |
| Sep 30, 2025 | 25.40 Mn |
| Jun 30, 2025 | 26.24 Mn |
| Mar 31, 2025 | 81.10 Mn |
| Dec 31, 2024 | 19.46 Mn |
| Sep 30, 2024 | 21.41 Mn |
| Jun 30, 2024 | 21.40 Mn |
| Mar 31, 2024 | 24.10 Mn |
| Dec 31, 2023 | 14.19 Mn |
| Sep 30, 2023 | 16.80 Mn |
| Jun 30, 2023 | 19.09 Mn |
| Mar 31, 2023 | 24.57 Mn |
| Dec 31, 2022 | 20.20 Mn |
| Sep 30, 2022 | 19.56 Mn |
| Jun 30, 2022 | 22.66 Mn |
| Mar 31, 2022 | 25.65 Mn |
| Dec 31, 2021 | 19.39 Mn |
| Sep 30, 2021 | 16.54 Mn |
Marketaxess Holdings Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=MKTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "MKTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=MKTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();