Tradeweb Markets (TW) Accumulated Expenses (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Accumulated Expenses of $158.8 million for Q2 2026, little changed year-over-year from $158.4 million in Q2 2025, and up 43.16% quarter-over-quarter from $110.9 million in Q1 2026.
Tradeweb Markets (TW) Accumulated Expenses (2018 - 2026) Analysis & Trends
Tradeweb Markets' Accumulated Expenses history runs 9 years deep, the most recent figure standing at $158.8 million for Q2 2026.
- In Q2 2026, Accumulated Expenses changed 0.24% year-over-year to $158.8 million; the TTM figure through Jun 2026 stood at $158.8 million (changed 0.24% YoY), while the FY2025 annual figure was $251.2 million, up 12.65% from the prior year.
- Accumulated Expenses for Q2 2026 stood at $158.8 million, up from $110.9 million in the prior quarter.
- The five-year high for Accumulated Expenses was $251.2 million in Q4 2025, with the low at $65.0 million in Q1 2023.
- The 5-year median for Accumulated Expenses is $122.4 million (2022), against an average of $137.4 million.
- The sharpest annual moves came in 2023 and 2024: Accumulated Expenses declined 13.22% in 2023, then jumped 47.77% in 2024.
- Tradeweb Markets' Accumulated Expenses stood at $150.9 million in 2022, then grew by 8.91% to $164.3 million in 2023, then jumped by 35.68% to $223.0 million in 2024, then rose by 12.65% to $251.2 million in 2025, then sank by 36.79% to $158.8 million in 2026.
- Business Quant data shows TW's Accumulated Expenses at $158.8 million in Q2 2026, $110.9 million in Q1 2026, and $251.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 158.77 Mn |
| Mar 31, 2026 | 110.90 Mn |
| Dec 31, 2025 | 251.17 Mn |
| Sep 30, 2025 | 211.00 Mn |
| Jun 30, 2025 | 158.39 Mn |
| Mar 31, 2025 | 103.49 Mn |
| Dec 31, 2024 | 222.96 Mn |
| Sep 30, 2024 | 179.14 Mn |
| Jun 30, 2024 | 119.27 Mn |
| Mar 31, 2024 | 81.77 Mn |
| Dec 31, 2023 | 164.33 Mn |
| Sep 30, 2023 | 121.23 Mn |
| Jun 30, 2023 | 84.88 Mn |
| Mar 31, 2023 | 65.04 Mn |
| Dec 31, 2022 | 150.88 Mn |
| Sep 30, 2022 | 123.53 Mn |
| Jun 30, 2022 | 90.77 Mn |
| Mar 31, 2022 | 74.94 Mn |
| Dec 31, 2021 | 154.82 Mn |
| Sep 30, 2021 | 113.04 Mn |