Tradeweb Markets (TW) Change in Cash (2018 - 2026)
Tradeweb Markets' quarterly Change in Cash came in at -$147.4 million in Q1 2026, down 335.6% year-on-year from $62.6 million in Q1 2025, and down 183.38% quarter-over-quarter from $176.8 million in Q4 2025.
Tradeweb Markets has reported Change in Cash for 9 years, with the latest figure at -$147.4 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Cash fell 335.6% year-over-year to -$147.4 million; the trailing twelve-month figure through Mar 2026 stood at $630.8 million (up 364.59% YoY), and the FY2025 full-year result was $744.4 million, up 303.31% from the prior year.
- Change in Cash for Q1 2026 stood at -$147.4 million, down from $176.8 million in the prior quarter.
- The five-year high for Change in Cash was $323.7 million in Q2 2025, with the low at -$544.5 million in Q3 2024.
- Average Change in Cash over 5 years is $56.8 million, with a median of $147.0 million recorded in 2022.
- Peak annual rise in Change in Cash reached 202.29% in 2022, while the deepest fall reached 871.72% in 2022.
- Tracing TW's Change in Cash over 5 years: stood at $147.0 million in 2022, then jumped by 44.94% to $213.1 million in 2023, then decreased by 21.82% to $166.6 million in 2024, then climbed by 6.15% to $176.8 million in 2025, then tumbled by 183.38% to -$147.4 million in 2026.
- The last three Change in Cash figures came in at -$147.4 million (Q1 2026), $176.8 million (Q4 2025), and $277.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 21.83 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 15.27 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 3.62 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 1.93 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 3.20 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 1.79 Bn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | -148.79 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -1.05 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | -147.44 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 112.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -147.44 Mn |
| Dec 31, 2025 | 176.82 Mn |
| Sep 30, 2025 | 277.80 Mn |
| Jun 30, 2025 | 323.67 Mn |
| Mar 31, 2025 | -33.85 Mn |
| Dec 31, 2024 | 166.57 Mn |
| Sep 30, 2024 | -544.50 Mn |
| Jun 30, 2024 | 173.35 Mn |
| Mar 31, 2024 | -161.59 Mn |
| Dec 31, 2023 | 213.06 Mn |
| Sep 30, 2023 | 97.01 Mn |
| Jun 30, 2023 | 163.73 Mn |
| Mar 31, 2023 | -24.55 Mn |
| Dec 31, 2022 | 147.00 Mn |
| Sep 30, 2022 | 150.51 Mn |
| Jun 30, 2022 | 131.66 Mn |
| Mar 31, 2022 | -143.99 Mn |
| Dec 31, 2021 | 150.14 Mn |
| Sep 30, 2021 | 140.68 Mn |
| Jun 30, 2021 | -128.71 Mn |
| Mar 31, 2021 | 18.66 Mn |
| Dec 31, 2020 | 113.93 Mn |
| Sep 30, 2020 | 117.46 Mn |
| Jun 30, 2020 | 135.53 Mn |
| Mar 31, 2020 | -36.35 Mn |
| Dec 31, 2019 | 52.82 Mn |
| Jun 30, 2019 | -48.03 Mn |
| Mar 31, 2019 | -48.50 Mn |
| Sep 30, 2018 | 94.11 Mn |
| Mar 31, 2018 | -44.86 Mn |