Tradeweb Markets (TW) Change in Receivables (2018 - 2026)

Tradeweb Markets (TW) recorded quarterly Change in Receivables of $95.9 million in Q1 2026, up 804.16% quarter-over-quarter from -$13.6 million in Q4 2025, and up 105.56% on a YoY basis from $46.6 million in Q1 2025.

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

Tradeweb Markets' Change in Receivables history runs 9 years deep, the most recent figure standing at $95.9 million for Q1 2026.

  • In Q1 2026, Change in Receivables rose 105.56% year-over-year to $95.9 million; the TTM figure through Mar 2026 stood at $79.3 million (up 19.77% YoY), while the FY2025 annual figure was $30.1 million, down 32.03% from the prior year.
  • Change in Receivables was $95.9 million for Q1 2026 at Tradeweb Markets, up from -$13.6 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $95.9 million in Q1 2026 to a low of -$21.3 million in Q4 2024.
  • Historically, Change in Receivables has averaged $12.3 million across 5 years, with a median of $599000.0 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Change in Receivables sank 1607.53% in 2024, then surged 1306.68% in 2025.
  • A 5-year view of Change in Receivables shows it stood at -$12.7 million in 2022, then jumped by 90.17% to -$1.2 million in 2023, then tumbled by 1607.53% to -$21.3 million in 2024, then surged by 36.17% to -$13.6 million in 2025, then soared by 804.16% to $95.9 million in 2026.
  • The last three Change in Receivables figures came in at $95.9 million (Q1 2026), -$13.6 million (Q4 2025), and $8.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 24.61 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 44.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 251.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 160.03 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 95.86 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 67.36 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 12.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 95.86 Mn
Mar 31, 2026 95.86 Mn
Dec 31, 2025 -13.61 Mn
Dec 31, 2025 -13.61 Mn
Sep 30, 2025 8.43 Mn
Sep 30, 2025 8.43 Mn
Jun 30, 2025 -11.39 Mn
Jun 30, 2025 -11.39 Mn
Mar 31, 2025 46.63 Mn
Mar 31, 2025 46.63 Mn
Dec 31, 2024 -21.33 Mn
Dec 31, 2024 -21.33 Mn
Sep 30, 2024 599,000.00
Sep 30, 2024 599,000.00
Jun 30, 2024 40.29 Mn
Jun 30, 2024 40.29 Mn
Mar 31, 2024 24.66 Mn
Mar 31, 2024 24.66 Mn
Dec 31, 2023 -1.25 Mn
Dec 31, 2023 -1.25 Mn