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

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

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

Tradeweb Markets (TW) has reported Capital Expenditures for 9 consecutive years, with $254000.0 the latest figure, recorded in 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 came in at $254000.0 for Q1 2026 at Tradeweb Markets, down from $15.4 million in the prior quarter.
  • The five-year high for Capital Expenditures was $47.4 million in Q4 2024, with the low at -$15.6 million in Q4 2023.
  • Average Capital Expenditures over 5 years is $6.8 million, with a median of $9.1 million recorded in 2022.
  • Across the five-year window, Capital Expenditures tumbled 3371.12% in 2022 and soared 2077.19% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at -$14.3 million in 2022, then decreased by 9.12% to -$15.6 million in 2023, then soared by 403.19% to $47.4 million in 2024, then plunged by 67.52% to $15.4 million in 2025, then plunged by 98.35% to $254000.0 in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $254000.0, $15.4 million, and $46.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 754.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 565.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - 140.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 165.76 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 254,000.00
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 9.36 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 1.22 Bn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 3.10 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