Marketaxess Holdings (MKTX) Tax Provisions (2010 - 2026)

Marketaxess Holdings (MKTX) posted Tax Provisions of $25.8 million for Q1 2026, up 120.92% sequentially from -$123.2 million in Q4 2025, and down 68.21% YoY from $81.1 million in Q1 2025.

Marketaxess Holdings (MKTX) Tax Provisions (2010 - 2026) Analysis & Trends

Marketaxess Holdings has reported Tax Provisions for 17 years, with the latest figure at $25.8 million in Q1 2026.

  • Quarterly Tax Provisions fell 68.21% year-over-year to $25.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$45.8 million (down 131.96% YoY) and the FY2025 annual result came in at $9.5 million, down 88.99% from the prior year.
  • Tax Provisions rose to $25.8 million in Q1 2026 per MKTX's latest filing, from -$123.2 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $81.1 million in Q1 2025 and troughed at -$123.2 million in Q4 2025.
  • A 5-year average of $17.5 million and a median of $22.7 million in 2022 frame the typical range for Tax Provisions.
  • The widest YoY moves for Tax Provisions: up 236.44% in 2025, down 732.91% in 2025.
  • Over 5 years, Tax Provisions stood at $26.7 million in 2022, then retreated by 25.23% to $20.0 million in 2023, then decreased by 2.68% to $19.5 million in 2024, then slumped by 732.91% to -$123.2 million in 2025, then soared by 120.92% to $25.8 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $25.8 million, -$123.2 million, and $25.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 1.70 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 1.94 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 709.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -84.25 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 136.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -6.26 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 - 136.24 Mn
10 Marketaxess Holdings 6.70 Bn 6.28 Bn - 25.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 25.78 Mn
Dec 31, 2025 -123.19 Mn
Sep 30, 2025 25.40 Mn
Jun 30, 2025 26.20 Mn
Mar 31, 2025 81.09 Mn
Dec 31, 2024 19.46 Mn
Sep 30, 2024 21.40 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 19.39 Mn
Sep 30, 2021 16.54 Mn
Jun 30, 2021 18.77 Mn