Tradeweb Markets (TW) Accumulated Expenses (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Accumulated Expenses of $110.9 million for Q1 2026, up 7.16% year-over-year from $103.5 million in Q1 2025, and down 55.85% on a QoQ basis from $251.2 million in Q4 2025.
Tradeweb Markets (TW) Accumulated Expenses (2018 - 2026) Analysis & Trends
Tradeweb Markets (TW) has reported Accumulated Expenses for 9 consecutive years, with $110.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses rose 7.16% year-over-year to $110.9 million; the TTM figure through Mar 2026 stood at $110.9 million (up 7.16% YoY), while the FY2025 annual figure was $251.2 million, up 12.65% from the prior year.
- Accumulated Expenses came in at $110.9 million for Q1 2026 at Tradeweb Markets, down from $251.2 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.
- Average Accumulated Expenses over 5 years is $136.1 million, with a median of $121.2 million recorded in 2023.
- Across the five-year window, Accumulated Expenses slipped 13.22% in 2023 and surged 47.77% in 2024, its largest moves.
- Year by year, Accumulated Expenses stood at $150.9 million in 2022, then advanced by 8.91% to $164.3 million in 2023, then surged by 35.68% to $223.0 million in 2024, then grew by 12.65% to $251.2 million in 2025, then plunged by 55.85% to $110.9 million in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $110.9 million, $251.2 million, and $211.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 85.64 Mn |