Growth Metrics

Tradeweb Markets (TW) Accumulated Expenses (2019 - 2025)

Tradeweb Markets (TW) has 7 years of Accumulated Expenses data on record, last reported at $211.0 million in Q3 2025.

  • For Q3 2025, Accumulated Expenses rose 17.78% year-over-year to $211.0 million; the TTM value through Sep 2025 reached $211.0 million, up 17.78%, while the annual FY2024 figure was $223.0 million, 35.68% up from the prior year.
  • Accumulated Expenses reached $211.0 million in Q3 2025 per TW's latest filing, up from $158.4 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $223.0 million in Q4 2024 and bottomed at $65.0 million in Q1 2023.
  • Average Accumulated Expenses over 5 years is $123.6 million, with a median of $116.2 million recorded in 2021.
  • Peak YoY movement for Accumulated Expenses: fell 13.22% in 2023, then surged 47.77% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $154.8 million in 2021, then fell by 20.21% to $123.5 million in 2022, then soared by 33.03% to $164.3 million in 2023, then surged by 35.68% to $223.0 million in 2024, then dropped by 5.36% to $211.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Accumulated Expenses were $211.0 million in Q3 2025, $158.4 million in Q2 2025, and $103.5 million in Q1 2025.