Tradeweb Markets (TW) Change in Receivables (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Change in Receivables of -$42.1 million for Q2 2026, down 269.99% year-over-year from $24.8 million in Q2 2025, and down 143.95% quarter-over-quarter from $95.9 million in Q1 2026.
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 -$42.1 million for Q2 2026.
- In Q2 2026, Change in Receivables fell 269.99% year-over-year to -$42.1 million; the TTM figure through Jun 2026 stood at $48.5 million (up 234.36% YoY), while the FY2025 annual figure was $30.1 million, down 32.03% from the prior year.
- Change in Receivables for Q2 2026 stood at -$42.1 million, down from $95.9 million in the prior quarter.
- The five-year high for Change in Receivables was $95.9 million in Q1 2026, with the low at -$42.1 million in Q2 2026.
- The 5-year median for Change in Receivables is -$50500.0 (2022), against an average of $9.2 million.
- The sharpest annual moves came in 2024 and 2025: Change in Receivables plunged 1607.53% in 2024, then jumped 1306.68% in 2025.
- Tradeweb Markets' Change in Receivables stood at -$12.7 million in 2022, then soared by 90.17% to -$1.2 million in 2023, then slumped by 1607.53% to -$21.3 million in 2024, then jumped by 36.17% to -$13.6 million in 2025, then slumped by 209.46% to -$42.1 million in 2026.
- Business Quant data shows TW's Change in Receivables at -$42.1 million in Q2 2026, $95.9 million in Q1 2026, and -$13.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 15.59 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 4.43 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | -42.13 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 11.88 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -42.13 Mn |
| Jun 30, 2026 | -42.13 Mn |
| 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 |