Marketaxess Holdings (MKTX) Tax Provisions (2010 - 2026)
Marketaxess Holdings (MKTX) posted Tax Provisions of $25.8 million for Q1 2026, up 304.49% sequentially from -$12.6 million in Q4 2025, and down 68.18% YoY from $81.1 million in Q1 2025.
Marketaxess Holdings (MKTX) Tax Provisions (2010 - 2026) Analysis & Trends
Marketaxess Holdings (MKTX) has 17 years of Tax Provisions data on file, last reported at $25.8 million in Q1 2026.
- Quarterly Tax Provisions fell 68.18% year-over-year to $25.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $64.7 million (down 56.02% YoY) and the FY2025 annual result came in at $120.1 million, up 33.07% from the prior year.
- Tax Provisions improved to $25.8 million in Q1 2026 per MKTX's latest filing, from -$12.6 million in the prior quarter.
- The five-year high for Tax Provisions was $81.1 million in Q1 2025, with the low at -$12.6 million in Q4 2025.
- Average Tax Provisions over 5 years is $24.2 million, with a median of $23.3 million recorded in 2024.
- The widest YoY moves for Tax Provisions: up 236.47% in 2025, down 154.05% in 2025.
- Marketaxess Holdings' Tax Provisions stood at $26.7 million in 2022, then decreased by 25.23% to $20.0 million in 2023, then advanced by 16.72% to $23.3 million in 2024, then tumbled by 154.05% to -$12.6 million in 2025, then jumped by 304.49% to $25.8 million in 2026.
- Business Quant data shows MKTX's Tax Provisions at $25.8 million in Q1 2026, -$12.6 million in Q4 2025, and $25.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 65.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 128.18 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 69.76 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.40 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.26 Mn |
| 10 | Marketaxess Holdings | 14.20 Mn | -349.59 Mn | - | 25.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.80 Mn |
| Dec 31, 2025 | -12.62 Mn |
| Sep 30, 2025 | 25.37 Mn |
| Jun 30, 2025 | 26.20 Mn |
| Mar 31, 2025 | 81.09 Mn |
| Dec 31, 2024 | 23.34 Mn |
| Sep 30, 2024 | 21.41 Mn |
| Jun 30, 2024 | 21.40 Mn |
| Mar 31, 2024 | 24.10 Mn |
| Dec 31, 2023 | 20.00 Mn |
| Sep 30, 2023 | 16.80 Mn |
| Jun 30, 2023 | 19.09 Mn |
| Mar 31, 2023 | 24.57 Mn |
| Dec 31, 2022 | 26.75 Mn |
| Sep 30, 2022 | 19.56 Mn |
| Jun 30, 2022 | 22.66 Mn |
| Mar 31, 2022 | 25.65 Mn |
| Dec 31, 2021 | 16.27 Mn |
| Sep 30, 2021 | 16.54 Mn |
| Jun 30, 2021 | 18.77 Mn |