Tradeweb Markets (TW) Capital Expenditures (2018 - 2026)

Tradeweb Markets (TW) recorded quarterly Capital Expenditures of $254000.0 in Q1 2026, down 98.35% quarter-over-quarter from $15.4 million in Q4 2025, and down 98.07% on a YoY basis from $13.2 million in Q1 2025.

Tradeweb Markets (TW) Capital Expenditures (2018 - 2026) Analysis & Trends

Tradeweb Markets' Capital Expenditures history runs 9 years deep, the most recent figure standing at $254000.0 for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 98.07% year-over-year to $254000.0; the TTM figure through Mar 2026 stood at $49.6 million (down 17.95% YoY), while the FY2025 annual figure was $62.5 million, up 30.54% from the prior year.
  • Capital Expenditures was $254000.0 for Q1 2026 at Tradeweb Markets, down from $15.4 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $47.4 million in Q4 2024 to a low of -$15.6 million in Q4 2023.
  • Historically, Capital Expenditures has averaged $6.8 million across 5 years, with a median of $9.1 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Capital Expenditures slumped 3371.12% in 2022, then soared 2077.19% in 2025.
  • A 5-year view of Capital Expenditures shows it stood at -$14.3 million in 2022, then declined by 9.12% to -$15.6 million in 2023, then soared by 403.19% to $47.4 million in 2024, then tumbled by 67.52% to $15.4 million in 2025, then tumbled by 98.35% to $254000.0 in 2026.
  • The last three Capital Expenditures figures came in at $254000.0 (Q1 2026), $15.4 million (Q4 2025), and $46.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 754.00 Mn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 565.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - 140.00 Mn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 9.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 26.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 165.76 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 254,000.00
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 1.22 Bn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 9.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 254,000.00
Mar 31, 2026 254,000.00
Dec 31, 2025 15.40 Mn
Dec 31, 2025 15.40 Mn
Sep 30, 2025 46.22 Mn
Sep 30, 2025 46.22 Mn
Jun 30, 2025 -12.25 Mn
Jun 30, 2025 -12.25 Mn
Mar 31, 2025 13.17 Mn
Mar 31, 2025 13.17 Mn
Dec 31, 2024 47.40 Mn
Dec 31, 2024 47.40 Mn
Sep 30, 2024 -10.91 Mn
Sep 30, 2024 -10.91 Mn
Jun 30, 2024 10.81 Mn
Jun 30, 2024 10.81 Mn
Mar 31, 2024 605,000.00
Mar 31, 2024 605,000.00
Dec 31, 2023 -15.63 Mn
Dec 31, 2023 -15.63 Mn