Growth Metrics

Tradeweb Markets (TW) Current Deferred Revenue (2018 - 2026)

Tradeweb Markets' quarterly Current Deferred Revenue came in at $54.2 million in Q1 2026, up 15.46% year-on-year from $47.0 million in Q1 2025, and up 86.85% quarter-over-quarter from $29.0 million in Q4 2025.

Tradeweb Markets has reported Current Deferred Revenue for 9 years, with the latest figure at $54.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Deferred Revenue rose 15.46% year-over-year to $54.2 million; the trailing twelve-month figure through Mar 2026 stood at $54.2 million (up 15.46% YoY), and the FY2025 full-year result was $29.0 million, down 5.75% from the prior year.
  • Current Deferred Revenue for Q1 2026 stood at $54.2 million, up from $29.0 million in the prior quarter.
  • The five-year high for Current Deferred Revenue was $54.2 million in Q1 2026, with the low at $22.8 million in Q4 2022.
  • Average Current Deferred Revenue over 5 years is $31.8 million, with a median of $29.0 million recorded in 2025.
  • Year-over-year, Current Deferred Revenue dropped 14.94% in 2022 and jumped 70.91% in 2025.
  • Tracing TW's Current Deferred Revenue over 5 years: stood at $22.8 million in 2022, then climbed by 12.79% to $25.7 million in 2023, then rose by 19.63% to $30.8 million in 2024, then decreased by 5.75% to $29.0 million in 2025, then jumped 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 Morgan Stanley 330.71 Bn 197.18 Bn -
2 Goldman Sachs 318.59 Bn -618.96 Bn -
3 Schwab Charles 154.74 Bn 109.76 Bn -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn -
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 27.19 Mn
Dec 31, 2020 23.19 Mn
Sep 30, 2020 29.86 Mn
Jun 30, 2020 27.43 Mn
Mar 31, 2020 26.27 Mn
Dec 31, 2019 23.99 Mn
Sep 30, 2019 28.56 Mn
Jun 30, 2019 25.27 Mn
Mar 31, 2019 28.49 Mn
Dec 31, 2018 27.88 Mn