Tradeweb Markets (TW) Deferred Taxes (2018 - 2026)

Tradeweb Markets (TW) posted quarterly Deferred Taxes of $21.4 million for Q1 2026, up 122.77% year-over-year from $9.6 million in Q1 2025, and down 68.84% on a QoQ basis from $68.7 million in Q4 2025.

Tradeweb Markets (TW) Deferred Taxes (2018 - 2026) Analysis & Trends

Tradeweb Markets (TW) has reported Deferred Taxes for 9 consecutive years, with $21.4 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Deferred Taxes rose 122.77% year-over-year to $21.4 million; the TTM figure through Mar 2026 stood at $104.1 million (up 207.98% YoY), while the FY2025 annual figure was $92.3 million, up 185.69% from the prior year.
  • Deferred Taxes came in at $21.4 million for Q1 2026 at Tradeweb Markets, down from $68.7 million in the prior quarter.
  • The five-year high for Deferred Taxes was $68.7 million in Q4 2025, with the low at $2.0 million in Q4 2024.
  • Average Deferred Taxes over 5 years is $17.0 million, with a median of $13.3 million recorded in 2024.
  • Across the five-year window, Deferred Taxes slumped 90.12% in 2022 and soared 3369.65% in 2025, its largest moves.
  • Year by year, Deferred Taxes stood at $3.8 million in 2022, then surged by 423.78% to $19.8 million in 2023, then plunged by 90.01% to $2.0 million in 2024, then jumped by 3369.65% to $68.7 million in 2025, then tumbled by 68.84% to $21.4 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered $21.4 million, $68.7 million, and $8.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -47.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - -10.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 34.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -21.92 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 21.41 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 1.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 21.41 Mn
Dec 31, 2025 68.70 Mn
Sep 30, 2025 8.86 Mn
Jun 30, 2025 5.15 Mn
Mar 31, 2025 9.61 Mn
Dec 31, 2024 1.98 Mn
Sep 30, 2024 13.33 Mn
Jun 30, 2024 8.89 Mn
Mar 31, 2024 8.12 Mn
Dec 31, 2023 19.83 Mn
Sep 30, 2023 20.81 Mn
Jun 30, 2023 25.04 Mn
Mar 31, 2023 24.22 Mn
Dec 31, 2022 3.79 Mn
Sep 30, 2022 18.53 Mn
Jun 30, 2022 18.91 Mn
Mar 31, 2022 11.64 Mn
Dec 31, 2021 38.33 Mn
Sep 30, 2021 18.33 Mn
Jun 30, 2021 12.75 Mn