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Parent Company Information - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Net Income (Loss) $ 246,627 $ 274,181 $ 258,055
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 76,699 73,824 70,557
Amortization of operating lease right-of-use assets 7,523 6,639 5,853
Stock-based compensation expense 30,918 29,684 29,190
Deferred taxes 22,019 (3,878) (5,815)
Other (1,620) 7,042 (3,113)
Changes in operating assets and liabilities:      
(Increase)/decrease in accounts receivable (2,380) (3,730) (7,116)
Decrease in prepaid expenses and other assets 819 1,009 (11,898)
(Decrease) increase in accrued employee compensation 3,195 7,049 1,466
Increase (decrease) in income and other tax liabilities 23,510 (3,284) (14,691)
(Decrease)/increase in accounts payable, accrued expenses and other liabilities 4,000 3,543 (7,229)
(Decrease) in operating lease liabilities (9,019) (8,730) (6,735)
Net cash provided by operating activities 382,139 385,237 333,767
Cash flows from investing activities      
Acquisition of business (36,515) 0 (78,476)
Proceeds from maturities and sales 10,570 12,440 4,452
Purchases (12,968) (42,810) (28,818)
Purchases of furniture, equipment and leasehold improvements (8,204) (9,942) (9,326)
Net cash (used in) investing activities (96,927) (86,935) (155,290)
Cash flows from financing activities      
Cash dividends on common stock (115,199) (112,697) (109,658)
Exercise of stock options 0 2,988 940
Withholding tax payments on Full Value Awards vesting and stock option exercises (17,155) (16,194) (25,839)
Repurchases of common stock (420,015) (75,474) 0
Net cash (used in) financing activities (332,369) (201,377) (147,057)
Effect of exchange rate changes on cash and cash equivalents 22,549 (8,138) 7,588
Cash and cash equivalents including restricted cash      
Net increase/(decrease) for the period (24,608) 88,787 39,008
Beginning of period 700,459 611,672 572,664
End of period 675,851 700,459 611,672
Supplemental cash flow information:      
Cash paid for income taxes 62,834 96,932 94,814
Cash paid for interest 721 1,717 1,870
Non-cash investing and financing activity      
Excise tax on repurchases of common stock 3,361 0 0
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 783 1,840 1,183
Treasury stock used for acquisition of business 0 0 (43,841)
MarketAxess Holdings Inc. (Parent) [Member]      
Cash flows from operating activities      
Net Income (Loss) 246,912 274,181 258,055
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,200 2,186 2,153
Amortization of operating lease right-of-use assets 3,986 3,697 3,361
Stock-based compensation expense 7,042 7,130 9,725
Deferred taxes (625) 397 101
Equity in undistributed income of subsidiaries (284) (42,362) (2,221)
Other (550) 4,304 (4,675)
Changes in operating assets and liabilities:      
(Increase)/decrease in accounts receivable 130 526 (1,154)
Decrease in receivable from subsidiaries 26,332 12,694 5,474
Decrease in prepaid expenses and other assets 2,057 304 1,296
(Decrease) increase in accrued employee compensation (529) 1,118 (1,104)
(Increase) decrease in income and other tax receivables (1,526) (579) 3,800
Increase (decrease) in income and other tax liabilities (941) (2,278) 2,287
(Decrease)/increase in accounts payable, accrued expenses and other liabilities 8,495 4,809 (861)
(Decrease) in operating lease liabilities (5,015) (4,669) (3,624)
Net cash provided by operating activities 287,452 261,364 272,424
Cash flows from investing activities      
Acquisition of business (38,069) 0 (81,161)
Investments in subsidiaries (700) (30) (10,058)
Proceeds from maturities and sales 10,570 12,440 4,454
Purchases (12,968) (42,810) (28,818)
Purchases of furniture, equipment and leasehold improvements (44) (156) (239)
Net cash (used in) investing activities (41,211) (30,556) (115,822)
Cash flows from financing activities      
Cash dividends on common stock (115,199) (112,697) (109,658)
Exercise of stock options 0 2,988 940
Withholding tax payments on Full Value Awards vesting and stock option exercises (17,155) (16,194) (25,839)
Repurchases of common stock (420,015) (75,474) 0
Proceeds from borrowings 220,000 100,000 100,000
Repayments of borrowings 0 (100,000) (100,000)
Net cash (used in) financing activities (332,369) (201,377) (134,557)
Effect of exchange rate changes on cash and cash equivalents 0 0 (3)
Cash and cash equivalents including restricted cash      
Net increase/(decrease) for the period (86,128) 29,431 22,042
Beginning of period 95,382 65,951 43,909
End of period 9,254 95,382 65,951
Supplemental cash flow information:      
Cash paid for income taxes 44,179 53,999 55,784
Cash paid for interest 0 167 35
Non-cash investing and financing activity      
Exercise of stock options - cashless 0 1,735 0
Excise tax on repurchases of common stock 3,361 0 0
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 0 0 1,072
Treasury stock used for acquisition of business 0 0 43,841
Mutual Funds Held In Rabbi Trust [Member]      
Changes in operating assets and liabilities:      
(Increase)/decrease in trading investments (359) (621) (1,103)
Mutual Funds Held In Rabbi Trust [Member] | MarketAxess Holdings Inc. (Parent) [Member]      
Changes in operating assets and liabilities:      
(Increase)/decrease in trading investments (232) (94) (189)
Trading Investments [Member]      
Changes in operating assets and liabilities:      
(Increase)/decrease in trading investments $ 206 $ (629) $ (25,248)