Growth Metrics

Tradeweb Markets (TW) Depreciation & Amortization (CF) (2018 - 2026)

Tradeweb Markets' quarterly Depreciation & Amortization (CF) came in at $60.7 million in Q1 2026, down 3.17% year-on-year from $62.7 million in Q1 2025, and up 1.03% quarter-over-quarter from $60.1 million in Q4 2025.

Tradeweb Markets has reported Depreciation & Amortization (CF) for 9 years, with the latest figure at $60.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Depreciation & Amortization (CF) fell 3.17% year-over-year to $60.7 million; the trailing twelve-month figure through Mar 2026 stood at $248.2 million (up 6.36% YoY), and the FY2025 full-year result was $250.2 million, up 13.72% from the prior year.
  • Depreciation & Amortization (CF) for Q1 2026 stood at $60.7 million, up from $60.1 million in the prior quarter.
  • The five-year high for Depreciation & Amortization (CF) was $64.4 million in Q3 2025, with the low at $44.4 million in Q1 2022.
  • Average Depreciation & Amortization (CF) over 5 years is $52.7 million, with a median of $49.3 million recorded in 2024.
  • Year-over-year, Depreciation & Amortization (CF) jumped 32.32% in 2024 and retreated 4.4% in 2025.
  • Tracing TW's Depreciation & Amortization (CF) over 5 years: stood at $44.9 million in 2022, then gained by 5.84% to $47.5 million in 2023, then soared by 32.32% to $62.9 million in 2024, then slipped by 4.4% to $60.1 million in 2025, then rose by 1.03% to $60.7 million in 2026.
  • The last three Depreciation & Amortization (CF) figures came in at $60.7 million (Q1 2026), $60.1 million (Q4 2025), and $64.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation & Amortization (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 714.00 Mn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 495.00 Mn
3 Schwab Charles 154.74 Bn 109.76 Bn - 201.00 Mn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 23.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 16.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 26.77 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 105.75 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 121.25 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 60.71 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn 37.60 Mn

Historic Data

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DateValue
Mar 31, 2026 60.71 Mn
Mar 31, 2026 60.71 Mn
Dec 31, 2025 60.09 Mn
Dec 31, 2025 60.09 Mn
Sep 30, 2025 64.35 Mn
Sep 30, 2025 64.35 Mn
Jun 30, 2025 63.05 Mn
Jun 30, 2025 63.05 Mn
Mar 31, 2025 62.70 Mn
Mar 31, 2025 62.70 Mn
Dec 31, 2024 62.85 Mn
Dec 31, 2024 62.85 Mn
Sep 30, 2024 57.87 Mn
Sep 30, 2024 57.87 Mn
Jun 30, 2024 49.94 Mn
Jun 30, 2024 49.94 Mn
Mar 31, 2024 49.34 Mn
Mar 31, 2024 49.34 Mn
Dec 31, 2023 47.50 Mn
Dec 31, 2023 47.50 Mn
Sep 30, 2023 46.56 Mn
Sep 30, 2023 46.56 Mn
Jun 30, 2023 45.89 Mn
Jun 30, 2023 45.89 Mn
Mar 31, 2023 45.40 Mn
Mar 31, 2023 45.40 Mn
Dec 31, 2022 44.88 Mn
Dec 31, 2022 44.88 Mn
Sep 30, 2022 44.78 Mn
Sep 30, 2022 44.78 Mn
Jun 30, 2022 44.77 Mn
Jun 30, 2022 44.77 Mn
Mar 31, 2022 44.45 Mn
Mar 31, 2022 44.45 Mn
Dec 31, 2021 43.65 Mn
Dec 31, 2021 43.65 Mn
Sep 30, 2021 44.82 Mn
Sep 30, 2021 44.82 Mn
Jun 30, 2021 41.87 Mn
Jun 30, 2021 41.87 Mn
Mar 31, 2021 40.97 Mn
Mar 31, 2021 40.97 Mn
Dec 31, 2020 39.84 Mn
Dec 31, 2020 39.84 Mn
Sep 30, 2020 38.86 Mn
Sep 30, 2020 38.86 Mn
Jun 30, 2020 37.92 Mn
Jun 30, 2020 37.92 Mn
Mar 31, 2020 37.18 Mn
Mar 31, 2020 37.18 Mn
Dec 31, 2019 36.40 Mn
Dec 31, 2019 36.40 Mn
Sep 30, 2019 35.13 Mn
Sep 30, 2019 35.13 Mn
Jun 30, 2019 34.29 Mn
Jun 30, 2019 34.29 Mn
Mar 31, 2019 33.50 Mn
Mar 31, 2019 33.50 Mn
Sep 30, 2018 16.36 Mn
Sep 30, 2018 16.36 Mn
Jun 30, 2018 16.18 Mn
Jun 30, 2018 16.18 Mn
Mar 31, 2018 16.27 Mn
Mar 31, 2018 16.27 Mn