Tradeweb Markets (TW) Capital Expenditures (2018 - 2026)
Tradeweb Markets (TW) posted Capital Expenditures of $8.33 million for Q2 2026, up 52.5% from $5.47 million a year earlier but down 13.2% from the prior quarter.
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Analysis
Tradeweb Markets (TW) Capital Expenditures (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Tradeweb Markets was $51.37 million, up 40.2% year-over-year; for FY2025, it came in at $40.55 million, down 1.0% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 28.7% (FY2020 to FY2025).
- In prior years, Tradeweb Markets' Capital Expenditures was $40.96 million in FY2024 (+121.1%), $18.53 million in FY2023 (-20.2%), $23.21 million in FY2022 (+37.5%) and $16.88 million in FY2021 (+46.9%).
- Quarterly Capital Expenditures has run from a low of $1.06 million in Q4 2023 to a high of $25.23 million in Q4 2024 over five years.
- On a year-over-year basis, Capital Expenditures increased in four of the last seven quarters, with growth averaging 92.1%.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2026, with growth of 483.3%; the weakest was Q4 2023, with a decline of 79.8%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $9.6 million (Q1 2026), $19.41 million (Q4 2025) and $14.03 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 12.00 Mn |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 487.00 Mn |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 23.60 Mn |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 144.00 Mn |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 77.00 Mn |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 675.00 Mn |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 18.00 Mn |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 25.40 Mn |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 33.10 Mn |
| 10 | Tradeweb Markets | 23.59 Bn | 16.31 Bn | - | 8.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.33 Mn |
| Mar 31, 2026 | 9.60 Mn |
| Dec 31, 2025 | 19.41 Mn |
| Sep 30, 2025 | 14.03 Mn |
| Jun 30, 2025 | 5.47 Mn |
| Mar 31, 2025 | 1.65 Mn |
| Dec 31, 2024 | 25.23 Mn |
| Sep 30, 2024 | 4.31 Mn |
| Jun 30, 2024 | 4.83 Mn |
| Mar 31, 2024 | 6.59 Mn |
| Dec 31, 2023 | 1.06 Mn |
| Sep 30, 2023 | 6.30 Mn |
| Jun 30, 2023 | 4.29 Mn |
| Mar 31, 2023 | 6.88 Mn |
| Dec 31, 2022 | 5.26 Mn |
| Sep 30, 2022 | 3.14 Mn |
| Jun 30, 2022 | 5.76 Mn |
| Mar 31, 2022 | 9.06 Mn |
| Dec 31, 2021 | 7.16 Mn |
| Sep 30, 2021 | 1.17 Mn |
API Access
Tradeweb Markets Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();