MARKETAXESS HOLDINGS INC. (MKTX) FY2026 Q2 Statement of Cash Flows
2026-04-01 to 2026-06-30
Statement of Cash Flows
2026-04-01 to 2026-06-30
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Chart details
MARKETAXESS HOLDINGS INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026
Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.
- Beginning cash on Mar 31, 2026
- 548,236,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- Operating activities
- 26,812,000 US dollars. Net cash provided.
- Net income
- 68,323,000 US dollars
- Depreciation and amortization
- 19,309,000 US dollars
- Amortization of operating lease right-of-use assets
- 1,972,000 US dollars
- Stock-based compensation expense
- 8,677,000 US dollars
- Foreign currency transaction losses
- 978,000 US dollars
- Deferred taxes
- negative 849,000 US dollars
- Other
- 755,000 US dollars
- (Increase) in accounts receivable
- negative 5,727,000 US dollars
- (Increase) in receivables from broker-dealers, clearing organizations and customers
- negative 248,906,000 US dollars
- (Increase)/decrease in prepaid expenses and other assets
- 808,000 US dollars
- (Increase)/decrease in trading investments
- negative 1,320,000 US dollars
- (Decrease) in accrued employee compensation
- 10,558,000 US dollars
- Increase in payables to broker-dealers, clearing organizations and customers
- 165,185,000 US dollars
- (Decrease)/increase in income and other tax liabilities
- 6,007,000 US dollars
- Increase/(decrease) in accounts payable, accrued expenses and other liabilities
- 3,349,000 US dollars
- (Decrease) in operating lease liabilities
- negative 2,307,000 US dollars
- Investing activities
- negative 11,488,000 US dollars. Net cash used.
- Proceeds from maturities and sales
- 2,617,000 US dollars
- Purchases
- negative 2,096,000 US dollars
- Acquisition, net of cash acquired
- 0 US dollars
- Purchases of furniture, equipment and leasehold improvements
- negative 649,000 US dollars
- Capitalization of software development costs
- negative 11,360,000 US dollars
- Financing activities
- negative 143,607,000 US dollars. Net cash used.
- Payment of the excise tax on repurchases
- negative 3,361,000 US dollars
- Cash dividends on common stock
- negative 27,492,000 US dollars
- Withholding tax payments on Full Value Awards vesting and stock option exercises
- negative 418,000 US dollars
- Repurchases of common stock
- 0 US dollars
- Repayments of borrowings
- negative 116,250,000 US dollars
- Proceeds from borrowings
- 3,914,000 US dollars
- Operating adjustment reconciliation
- 259,109,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- financing gross reconciliation
- 147,521,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- investing gross reconciliation
- 14,105,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- Exchange-rate effect
- negative 232,000 US dollars
- Ending cash on Jun 30, 2026
- 419,721,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- Cash sources and uses
- 575,048,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- Net cash change
- negative 128,515,000 US dollars. Ending cash minus beginning cash.
- Cash flow / Net income
- 0.39×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- Operating cash flow
- 26,812,000 US dollars. Operating cash flow used in the free cash flow calculation.
- Cash purchases of property, plant and equipment
- 649,000 US dollars. These cash purchases are already included in investing activities above.
- Free cash flow
- 26,163,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.
Chart connections
- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income exceeds operating cash. The diagram allocates $26.81M of net income directly to operating cash and $41.51M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 26,812,000 US dollars minus 649,000 US dollars equals 26,163,000 US dollars.
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