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MarketAxess MKTX Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued

Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued at other companies

Tradeweb Markets Inc. logo
Tradeweb Markets Inc.TW
$2.6M+52.9%
Blackrock logo
BlackrockBLK
$173M-14.8%

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 us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued.

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 unrecognized tax benefits - income tax penalties and interest accrued?
MarketAxess (MKTX) reported unrecognized tax benefits - income tax penalties and interest accrued of $11.7M in Q4 2025.
What is the long-term trend for MarketAxess's unrecognized tax benefits - income tax penalties and interest accrued?
Over 5 years (2020 to 2025), MarketAxess's unrecognized tax benefits - income tax penalties and interest accrued has grown at a 19.0% compound annual growth rate (CAGR), from $4.9M to $11.7M.
What does unrecognized tax benefits - income tax penalties and interest accrued mean?
This metric tracks the accrued interest and penalties associated with the company's unrecognized tax benefits. It represents the additional cost the company would incur if its uncertain tax positions were disallowed by tax authorities. It serves as a proxy for the financial risk associated with the company's tax strategy.