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Cash Flow Overview

Change in Cash
-$128,515K
Free Cash flow
$26,163K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Increase in payables to broker-d...
    • Net income
    • Depreciation and amortization
    • Others
Negative Cash Flow Breakdown
    • (increase) in receivables from b...
    • Repayments of borrowings
    • Cash dividends on common stock
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
68,323
78,107
92,394
68,273
Depreciation and amortization
19,309
19,210
19,606
19,662
Amortization of operating lease right-of-use assets
1,972
1,934
1,979
1,918
Stock-based compensation expense
8,677
9,153
7,201
8,372
Deferred taxes
-849
211
5,860
16,865
Foreign currency transaction losses
-978
1,612
-661
1,159
Other
-755
-4,523
1,332
-2,538
(increase) in accounts receivable
5,727
28,800
-8,768
-1,998
(increase) in receivables from broker-dealers, clearing organizations and customers
248,906
479,333
-103,698
67,061
(increase)/decrease in prepaid expenses and other assets
-808
2,629
3,539
-1,532
(increase)/decrease in trading investments-Trading Investments
0
-
-8
-264
Decrease in mutual funds held in rabbi trust
-
-740
-
-
(increase)/decrease in trading investments-Mutual Funds Held In Rabbi Trust
580
-
244
-68
(decrease) in accrued employee compensation
10,558
-34,854
12,036
10,855
Increase in payables to broker-dealers, clearing organizations and customers
165,185
376,039
-39,960
39,164
(decrease)/increase in income and other tax liabilities
6,007
-13,968
-58,707
-9,189
Increase/(decrease) in accounts payable, accrued expenses and other liabilities
3,349
-1,749
12,557
-1,644
(decrease) in operating lease liabilities
-2,307
-2,301
-2,354
-2,292
Net cash (used in)/provided by operating activities
26,812
-75,329
158,632
90,164
Proceeds from maturities and sales
2,617
4,274
2,150
1,174
Purchases
2,096
6,190
3,737
0
Acquisition, net of cash acquired
0
-
0
0
Purchases of furniture, equipment and leasehold improvements
649
259
3,572
1,496
Capitalization of software development costs
11,360
17,089
11,775
11,494
Net cash (used in) investing activities
-11,488
-19,264
-16,934
-11,816
Payment of the excise tax on repurchases
3,361
-
-
-
Cash dividends on common stock
27,492
28,398
28,048
29,446
Exercise of stock options
-
-
0
0
Withholding tax payments on full value awards vesting and stock option exercises
418
8,517
394
6,915
Repurchases of common stock
0
0
300,000
45,251
Payment of contingent consideration
-
-
0
-
Proceeds from borrowings
3,914
126,250
220,000
0
Repayments of borrowings
116,250
118,000
0
0
Net cash (used in) financing activities
-143,607
-28,665
-108,442
-81,612
Effect of exchange rate changes on cash and cash equivalents
-232
-4,357
-179
-4,416
Net decrease for the period
-128,515
-127,615
33,077
-7,680
Beginning of period
548,236
675,851
642,774
700,459
End of period
419,721
548,236
675,851
642,774
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Increase in payables tobroker-dealers, clearing...$165,185K (4372.92%↑ Y/Y)Net income$68,323K (-20.78%↓ Y/Y)Depreciation andamortization$19,309K (0.59%↑ Y/Y)(decrease) in accruedemployee compensation$10,558K (-27.75%↓ Y/Y)Stock-based compensationexpense$8,677K (8.30%↑ Y/Y)(decrease)/increase in income andother tax liabilities$6,007K (-57.43%↓ Y/Y)Increase/(decrease) in accountspayable, accrued...$3,349K (1337.34%↑ Y/Y)Amortization of operatinglease right-of-use...$1,972K (5.85%↑ Y/Y)Foreign currencytransaction losses-$978K (59.06%↑ Y/Y)(increase)/decrease in prepaidexpenses and other assets-$808K (-129.45%↓ Y/Y)Other-$755K (61.93%↑ Y/Y)Net cash (usedin)/provided by operating...$26,812K (-74.15%↓ Y/Y)Canceled cashflow$258,369K Net decrease for theperiod-$128,515K (-2241.92%↓ Y/Y)Canceled cashflow$26,812K Proceeds from borrowings$3,914K Proceeds from maturitiesand sales$2,617K (32.51%↑ Y/Y)(increase) in receivablesfrom...$248,906K (725.09%↑ Y/Y)(increase) in accountsreceivable$5,727K (275.24%↑ Y/Y)(decrease) in operatinglease liabilities-$2,307K (-2.62%↓ Y/Y)Deferred taxes-$849K (-45.88%↓ Y/Y)(increase)/decrease in tradinginvestments-Mutual Funds Held In...$580K (-43.14%↓ Y/Y)Net cash (used in)financing activities-$143,607K (-120.09%↓ Y/Y)Canceled cashflow$3,914K Net cash (used in)investing activities-$11,488K (77.49%↑ Y/Y)Effect of exchange ratechanges on cash and cash...-$232K (-101.25%↓ Y/Y)Canceled cashflow$2,617K Repayments of borrowings$116,250K Cash dividends oncommon stock$27,492K (-2.65%↓ Y/Y)Payment of the excise taxon repurchases$3,361K Withholding tax payments onfull value awards...$418K (30.22%↑ Y/Y)Capitalization of softwaredevelopment costs$11,360K (-1.30%↓ Y/Y)Purchases$2,096K (-44.45%↓ Y/Y)Purchases of furniture,equipment and leasehold...$649K (-46.19%↓ Y/Y)
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MARKETAXESS HOLDINGS INC (MKTX)

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MARKETAXESS HOLDINGS INC (MKTX)