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
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