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 Receivables (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 15.59 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 4.43 Bn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 67.36 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Tradeweb Markets 23.53 Bn 22.17 Bn - -42.13 Mn

Historic Data

Download Data
DateValue
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