Tradeweb Markets (TW) Depreciation and Depletion (2020 - 2026)
Tradeweb Markets (TW) recorded quarterly Depreciation and Depletion of $7.2 million in Q1 2026, up 1.41% quarter-over-quarter from $7.1 million in Q4 2025, and up 18.03% on a YoY basis from $6.1 million in Q1 2025.
Tradeweb Markets (TW) Depreciation and Depletion (2020 - 2026) Analysis & Trends
Tradeweb Markets' Depreciation and Depletion history runs 7 years deep, the most recent figure standing at $7.2 million for Q1 2026.
- In Q1 2026, Depreciation and Depletion rose 18.03% year-over-year to $7.2 million; the TTM figure through Mar 2026 stood at $26.6 million (up 13.19% YoY), while the FY2025 annual figure was $25.6 million, up 12.78% from the prior year.
- Depreciation and Depletion was $7.2 million for Q1 2026 at Tradeweb Markets, up from $7.1 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $7.2 million in Q1 2026 to a low of $4.7 million in Q1 2022.
- Historically, Depreciation and Depletion has averaged $5.7 million across 5 years, with a median of $5.4 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Depreciation and Depletion declined 14.04% in 2022, then grew 22.22% in 2024.
- A 5-year view of Depreciation and Depletion shows it stood at $4.9 million in 2022, then grew by 10.2% to $5.4 million in 2023, then grew by 22.22% to $6.6 million in 2024, then gained by 7.58% to $7.1 million in 2025, then rose by 1.41% to $7.2 million in 2026.
- The last three Depreciation and Depletion figures came in at $7.2 million (Q1 2026), $7.1 million (Q4 2025), and $6.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (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 | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 7.20 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | - |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.20 Mn |
| Mar 31, 2026 | 7.20 Mn |
| Dec 31, 2025 | 7.10 Mn |
| Dec 31, 2025 | 7.10 Mn |
| Sep 30, 2025 | 6.40 Mn |
| Sep 30, 2025 | 6.40 Mn |
| Jun 30, 2025 | 5.90 Mn |
| Jun 30, 2025 | 5.90 Mn |
| Mar 31, 2025 | 6.10 Mn |
| Mar 31, 2025 | 6.10 Mn |
| Dec 31, 2024 | 6.60 Mn |
| Dec 31, 2024 | 6.60 Mn |
| Sep 30, 2024 | 5.60 Mn |
| Sep 30, 2024 | 5.60 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Mar 31, 2024 | 5.30 Mn |
| Mar 31, 2024 | 5.30 Mn |
| Dec 31, 2023 | 5.40 Mn |
| Dec 31, 2023 | 5.40 Mn |