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| 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 |