Tradeweb Markets (TW) Accumulated Expenses (2018 - 2026)

Tradeweb Markets (TW) recorded quarterly Accumulated Expenses of $110.9 million in Q1 2026, down 55.85% quarter-over-quarter from $251.2 million in Q4 2025, and up 7.16% on a YoY basis from $103.5 million in Q1 2025.

Tradeweb Markets (TW) Accumulated Expenses (2018 - 2026) Analysis & Trends

Tradeweb Markets' Accumulated Expenses history runs 9 years deep, the most recent figure standing at $110.9 million for 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 was $110.9 million for Q1 2026 at Tradeweb Markets, down from $251.2 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $251.2 million in Q4 2025 to a low of $65.0 million in Q1 2023.
  • Historically, Accumulated Expenses has averaged $136.1 million across 5 years, with a median of $121.2 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Accumulated Expenses fell 13.22% in 2023, then surged 47.77% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $150.9 million in 2022, then increased by 8.91% to $164.3 million in 2023, then surged by 35.68% to $223.0 million in 2024, then gained by 12.65% to $251.2 million in 2025, then tumbled by 55.85% to $110.9 million in 2026.
  • The last three Accumulated Expenses figures came in at $110.9 million (Q1 2026), $251.2 million (Q4 2025), and $211.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn -
2 Morgan Stanley 349.82 Bn 216.29 Bn -
3 Goldman Sachs 333.85 Bn -603.70 Bn -
4 Schwab Charles 160.31 Bn 115.33 Bn -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn -
8 Tradeweb Markets 21.20 Bn 19.96 Bn -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn

Historic Data

Download Data
DateValue
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