What is MarketAxess's income tax?

MarketAxess (MKTX) reported income tax of $25.78M in Q1 2026.

How has MarketAxess's income tax changed year-over-year?

MarketAxess's income tax decreased by 68.2% year-over-year, from $81.09M to $25.78M.

What is the long-term trend for MarketAxess's income tax?

Over 3 years (2021 to 2024), MarketAxess's income tax has grown at a 4.3% compound annual growth rate (CAGR), from $76.04M to $86.37M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

MarketAxess MKTX Income Tax

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Other financials

Income statement

See full

Revenue$233.4M+11.9%

Operating income$100.9M+14.2%

Net income$77.9M+417%

EPS (diluted)$2.20+450%

Balance sheet

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Cash & equivalents$548.2M-14.9%

Total debt$292.0M+312%

Total equity$1.2B-11.6%

Total assets$2.3B+22.5%

Cash flow

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Operating cash flow-$75.3M-354%

CapEx$259.0K-86.6%

Free cash flow-$75.6M-373%

Valuation

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Market cap$4.28B-28.1%

Enterprise value$4.02B-26.0%

P/E13.8×-13.6×

P/S4.9×-2.4×

Profitability

See full

Operating margin40.7%-0.6pp

Net margin35.5%+9.0pp

FCF margin31.1%-19.1pp

Returns & leverage

See full

Return on equity24.4%+8.1pp

Debt / equity0.2×+0.2×

Where this comes from

Reported directly by MarketAxess in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: MarketAxess’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MarketAxess's income tax?: MarketAxess (MKTX) reported income tax of $25.78M in Q1 2026.
How has MarketAxess's income tax changed year-over-year?: MarketAxess's income tax decreased by 68.2% year-over-year, from $81.09M to $25.78M.
What is the long-term trend for MarketAxess's income tax?: Over 3 years (2021 to 2024), MarketAxess's income tax has grown at a 4.3% compound annual growth rate (CAGR), from $76.04M to $86.37M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.