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 | 333.21 Bn | 173.07 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 869.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 136.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 118.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 136.24 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 63.50 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.10 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -84.25 Mn |
| 10 | Marketaxess Holdings | 5.72 Bn | 5.42 Bn | - | 21.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.44 Mn |
| 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 |