Tradeweb Markets (TW) Current Deferred Revenue (2018 - 2026)
Tradeweb Markets (TW) recorded quarterly Current Deferred Revenue of $54.2 million in Q1 2026, up 86.85% quarter-over-quarter from $29.0 million in Q4 2025, and up 15.46% on a YoY basis from $47.0 million in Q1 2025.
Tradeweb Markets (TW) Current Deferred Revenue (2018 - 2026) Analysis & Trends
Tradeweb Markets' Current Deferred Revenue history runs 9 years deep, the most recent figure standing at $54.2 million for Q1 2026.
- In Q1 2026, Current Deferred Revenue rose 15.46% year-over-year to $54.2 million; the TTM figure through Mar 2026 stood at $54.2 million (up 15.46% YoY), while the FY2025 annual figure was $29.0 million, down 5.75% from the prior year.
- Current Deferred Revenue was $54.2 million for Q1 2026 at Tradeweb Markets, up from $29.0 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $54.2 million in Q1 2026 to a low of $22.8 million in Q4 2022.
- Historically, Current Deferred Revenue has averaged $31.8 million across 5 years, with a median of $29.0 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Current Deferred Revenue decreased 14.94% in 2022, then surged 70.91% in 2025.
- A 5-year view of Current Deferred Revenue shows it stood at $22.8 million in 2022, then advanced by 12.79% to $25.7 million in 2023, then increased by 19.63% to $30.8 million in 2024, then retreated by 5.75% to $29.0 million in 2025, then soared by 86.85% to $54.2 million in 2026.
- The last three Current Deferred Revenue figures came in at $54.2 million (Q1 2026), $29.0 million (Q4 2025), and $36.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 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 |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.24 Mn |
| Dec 31, 2025 | 29.03 Mn |
| Sep 30, 2025 | 36.27 Mn |
| Jun 30, 2025 | 40.61 Mn |
| Mar 31, 2025 | 46.98 Mn |
| Dec 31, 2024 | 30.80 Mn |
| Sep 30, 2024 | 29.58 Mn |
| Jun 30, 2024 | 28.17 Mn |
| Mar 31, 2024 | 27.49 Mn |
| Dec 31, 2023 | 25.75 Mn |
| Sep 30, 2023 | 31.40 Mn |
| Jun 30, 2023 | 27.41 Mn |
| Mar 31, 2023 | 30.58 Mn |
| Dec 31, 2022 | 22.83 Mn |
| Sep 30, 2022 | 28.57 Mn |
| Jun 30, 2022 | 23.86 Mn |
| Mar 31, 2022 | 27.67 Mn |
| Dec 31, 2021 | 24.93 Mn |
| Sep 30, 2021 | 29.78 Mn |
| Jun 30, 2021 | 28.05 Mn |