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| Date | Value |
|---|---|
| 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 |