Tradeweb Markets (TW) Deferred Taxes (2018 - 2026)
Tradeweb Markets (TW) recorded quarterly Deferred Taxes of $21.4 million in Q1 2026, down 68.84% quarter-over-quarter from $68.7 million in Q4 2025, and up 122.77% on a YoY basis from $9.6 million in Q1 2025.
Tradeweb Markets (TW) Deferred Taxes (2018 - 2026) Analysis & Trends
Tradeweb Markets' Deferred Taxes history runs 9 years deep, the most recent figure standing at $21.4 million for 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 was $21.4 million for Q1 2026 at Tradeweb Markets, down from $68.7 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $68.7 million in Q4 2025 to a low of $2.0 million in Q4 2024.
- Historically, Deferred Taxes has averaged $17.0 million across 5 years, with a median of $13.3 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Deferred Taxes sank 90.12% in 2022, then soared 3369.65% in 2025.
- A 5-year view of Deferred Taxes shows it stood at $3.8 million in 2022, then surged by 423.78% to $19.8 million in 2023, then tumbled by 90.01% to $2.0 million in 2024, then jumped by 3369.65% to $68.7 million in 2025, then slumped 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 | 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 | - | -47.00 Mn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | -10.00 Mn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 34.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 1.00 Mn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | -21.92 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 21.41 Mn |
| 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 | 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 |