Tradeweb Markets (TW) Deferred Taxes (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Deferred Taxes of $17.0 million for Q2 2026, up 230.02% year-over-year from $5.2 million in Q2 2025, and down 20.55% quarter-over-quarter from $21.4 million in Q1 2026.
Analysis
Tradeweb Markets (TW) Deferred Taxes (2018 - 2026) Analysis & Trends
Tradeweb Markets' Deferred Taxes history runs 9 years deep, the most recent figure standing at $17.0 million for Q2 2026.
- In Q2 2026, Deferred Taxes rose 230.02% year-over-year to $17.0 million; the TTM figure through Jun 2026 stood at $116.0 million (up 285.67% YoY), while the FY2025 annual figure was $92.3 million, up 185.69% from the prior year.
- Deferred Taxes for Q2 2026 stood at $17.0 million, down from $21.4 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.
- The 5-year median for Deferred Taxes is $15.2 million (2024), against an average of $17.0 million.
- The sharpest annual moves came in 2022 and 2025: Deferred Taxes plunged 90.12% in 2022, then surged 3369.65% in 2025.
- Tradeweb Markets' Deferred Taxes stood at $3.8 million in 2022, then jumped by 423.78% to $19.8 million in 2023, then slumped by 90.01% to $2.0 million in 2024, then soared by 3369.65% to $68.7 million in 2025, then sank by 75.24% to $17.0 million in 2026.
- Business Quant data shows TW's Deferred Taxes at $17.0 million in Q2 2026, $21.4 million in Q1 2026, and $68.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 329.44 Bn | 169.31 Bn | - | - |
| 2 | Goldman Sachs | 300.90 Bn | -675.44 Bn | - | -441.00 Mn |
| 3 | Schwab Charles | 188.46 Bn | 114.86 Bn | - | -10.00 Mn |
| 4 | Robinhood Markets | 95.87 Bn | 78.49 Bn | 1.20 Bn | -32.00 Mn |
| 5 | Interactive Brokers | 39.89 Bn | -24.41 Bn | - | 10.00 Mn |
| 6 | LPL Financial Holdings | 28.30 Bn | 25.60 Bn | - | 26.65 Mn |
| 7 | Circle Internet | 22.04 Bn | 20.31 Bn | 288.85 Mn | 54,000.00 |
| 8 | Tradeweb Markets | 22.00 Bn | 19.94 Bn | - | 17.01 Mn |
| 9 | Futu Holdings | 16.48 Bn | -19,683,684.71 Bn | 792.50 Mn | - |
| 10 | UP Fintech Holding | 12.74 Bn | 12.74 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.01 Mn |
| 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 |