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

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

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

Tradeweb Markets (TW) has reported Change in Receivables for 9 consecutive years, with $95.9 million the latest figure, recorded in 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 came in at $95.9 million for Q1 2026 at Tradeweb Markets, up from -$13.6 million in the prior quarter.
  • The five-year high for Change in Receivables was $95.9 million in Q1 2026, with the low at -$21.3 million in Q4 2024.
  • Average Change in Receivables over 5 years is $12.3 million, with a median of $599000.0 recorded in 2024.
  • Across the five-year window, Change in Receivables slumped 1607.53% in 2024 and surged 1306.68% in 2025, its largest moves.
  • Year by year, Change in Receivables stood at -$12.7 million in 2022, then jumped by 90.17% to -$1.2 million in 2023, then plunged 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.
  • According to Business Quant data, Change in Receivables over the past three periods registered $95.9 million, -$13.6 million, and $8.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Receivables (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 24.61 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 44.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 160.03 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 95.86 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 12.60 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 67.36 Mn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn -7.10 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