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MarketAxess MKTX Deferred Tax Assets Deferred Expense Capitalized Software

Deferred Tax Assets Deferred Expense Capitalized Software at other companies

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Other financials

Income statement

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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$4.2B-28.1%

Profitability

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Operating margin40.7%-0.6pp
Net margin35.5%+9.0pp
FCF margin31.1%-19.1pp

Returns & leverage

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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 mktx:DeferredTaxAssetsDeferredExpenseCapitalizedSoftware.

The official record: MarketAxess’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MarketAxess's deferred tax assets deferred expense capitalized software?
MarketAxess (MKTX) reported deferred tax assets deferred expense capitalized software of $0 in Q4 2025.
What is the long-term trend for MarketAxess's deferred tax assets deferred expense capitalized software?
Over 2 years (2023 to 2025), MarketAxess's deferred tax assets deferred expense capitalized software has grown at a -100.0% compound annual growth rate (CAGR), from $791K to $0.
What does deferred tax assets deferred expense capitalized software mean?
Represents the portion of capitalized software development costs that create a deferred tax asset due to temporary differences between book and tax accounting treatments. This metric reflects the future tax benefits expected to be realized as these software assets are amortized for financial reporting purposes versus tax deduction schedules.