Tradeweb Markets (TW) Change in Accured Expenses (2018 - 2026)

Tradeweb Markets (TW) recorded quarterly Change in Accured Expenses of -$26.4 million in Q1 2026, down 620.63% quarter-over-quarter from $5.1 million in Q4 2025, and up 78.32% on a YoY basis from -$14.8 million in Q1 2025.

Tradeweb Markets (TW) Change in Accured Expenses (2018 - 2026) Analysis & Trends

Tradeweb Markets' Change in Accured Expenses history runs 9 years deep, the most recent figure standing at -$26.4 million for Q1 2026.

  • In Q1 2026, Change in Accured Expenses rose 78.32% year-over-year to -$26.4 million; the TTM figure through Mar 2026 stood at $182.4 million (up 248.78% YoY), while the FY2025 annual figure was $87.1 million, up 192.84% from the prior year.
  • Change in Accured Expenses was -$26.4 million for Q1 2026 at Tradeweb Markets, down from $5.1 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $149.6 million in Q3 2025 to a low of -$121.6 million in Q1 2025.
  • Historically, Change in Accured Expenses has averaged $5.4 million across 5 years, with a median of $5.1 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Change in Accured Expenses surged 19439.94% in 2022, then tumbled 1192.33% in 2023.
  • A 5-year view of Change in Accured Expenses shows it stood at $833000.0 in 2022, then soared by 4221.85% to $36.0 million in 2023, then tumbled by 118.89% to -$6.8 million in 2024, then jumped by 174.51% to $5.1 million in 2025, then tumbled by 620.63% to -$26.4 million in 2026.
  • The last three Change in Accured Expenses figures came in at -$26.4 million (Q1 2026), $5.1 million (Q4 2025), and $149.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (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 - -1.07 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 47.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - -931.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 223.68 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -26.38 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 53.86 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn -101.45 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -26.38 Mn
Mar 31, 2026 -26.38 Mn
Dec 31, 2025 5.07 Mn
Dec 31, 2025 5.07 Mn
Sep 30, 2025 149.58 Mn
Sep 30, 2025 149.58 Mn
Jun 30, 2025 54.15 Mn
Jun 30, 2025 54.15 Mn
Mar 31, 2025 -121.64 Mn
Mar 31, 2025 -121.64 Mn
Dec 31, 2024 -6.80 Mn
Dec 31, 2024 -6.80 Mn
Sep 30, 2024 15.71 Mn
Sep 30, 2024 15.71 Mn
Jun 30, 2024 -9.87 Mn
Jun 30, 2024 -9.87 Mn
Mar 31, 2024 30.72 Mn
Mar 31, 2024 30.72 Mn
Dec 31, 2023 36.00 Mn
Dec 31, 2023 36.00 Mn