Tradeweb Markets (TW) Deferred Taxes (2018 - 2026)
Tradeweb Markets' quarterly Deferred Taxes came in at $21.4 million in Q1 2026, up 122.77% year-on-year from $9.6 million in Q1 2025, and down 68.84% quarter-over-quarter from $68.7 million in Q4 2025.
Tradeweb Markets has reported Deferred Taxes for 9 years, with the latest figure at $21.4 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes rose 122.77% year-over-year to $21.4 million; the trailing twelve-month figure through Mar 2026 stood at $104.1 million (up 207.98% YoY), and the FY2025 full-year result was $92.3 million, up 185.69% from the prior year.
- Deferred Taxes for Q1 2026 stood at $21.4 million, 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.
- Year-over-year, Deferred Taxes sank 90.12% in 2022 and surged 3369.65% in 2025.
- Tracing TW's Deferred Taxes over 5 years: stood at $3.8 million in 2022, then soared by 423.78% to $19.8 million in 2023, then slumped by 90.01% to $2.0 million in 2024, then surged by 3369.65% to $68.7 million in 2025, then sank by 68.84% to $21.4 million in 2026.
- The last three Deferred Taxes figures came in at $21.4 million (Q1 2026), $68.7 million (Q4 2025), and $8.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -47.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | -10.00 Mn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 34.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 1.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | -21.92 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | - |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 21.41 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -52.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 16.00 Mn |
| Dec 31, 2020 | 30.45 Mn |
| Sep 30, 2020 | 12.53 Mn |
| Jun 30, 2020 | 14.98 Mn |
| Mar 31, 2020 | 7.23 Mn |
| Dec 31, 2019 | 12.42 Mn |
| Jun 30, 2019 | -3.56 Mn |
| Mar 31, 2019 | -39,000.00 |
| Sep 30, 2018 | 6.20 Mn |
| Mar 31, 2018 | 452,000.00 |