Tradeweb Markets (TW) EBITDA Margin (2018 - 2026)

Tradeweb Markets' EBITDA Margin history runs 9 years deep, the most recent figure standing at 43.88% for Q2 2026.

• In Q2 2026, EBITDA Margin rose 492.0% year-over-year to 43.88%; the TTM figure through Jun 2026 stood at 43.68% (up 483.0% YoY), while the FY2025 annual figure was 40.7%, up 142.0% from the prior year.
• EBITDA Margin for Q2 2026 stood at 43.88%, down from 46.5% in the prior quarter.
• The five-year high for EBITDA Margin was 46.5% in Q1 2026, with the low at 31.24% in Q4 2022.
• The 5-year median for EBITDA Margin is 38.62% (2025), against an average of 38.9%.
• The sharpest annual moves came in 2023 and 2024: EBITDA Margin surged 704 bps in 2023, then sank 250 bps in 2024.
• Tradeweb Markets' EBITDA Margin stood at 31.24% in 2022, then gained by 23 bps to 38.28% in 2023, then rose by 6 bps to 40.69% in 2024, then gained by 4 bps to 42.41% in 2025, then rose by 3 bps to 43.88% in 2026.
• Business Quant data shows TW's EBITDA Margin at 43.88% in Q2 2026, 46.5% in Q1 2026, and 42.41% in Q4 2025.