Tradeweb Markets (TW) EBT (2018 - 2026)

Tradeweb Markets (TW) recorded quarterly EBT of $302.9 million in Q1 2026, down 33.67% quarter-over-quarter from $456.7 million in Q4 2025, and up 36.71% on a YoY basis from $221.6 million in Q1 2025.

Tradeweb Markets (TW) EBT (2018 - 2026) Analysis & Trends

Tradeweb Markets' EBT history runs 9 years deep, the most recent figure standing at $302.9 million for Q1 2026.

  • In Q1 2026, EBT rose 36.71% year-over-year to $302.9 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 59.24% YoY), while the FY2025 annual figure was $1.2 billion, up 55.75% from the prior year.
  • EBT was $302.9 million for Q1 2026 at Tradeweb Markets, down from $456.7 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $456.7 million in Q4 2025 to a low of $106.2 million in Q3 2022.
  • Historically, EBT has averaged $189.3 million across 5 years, with a median of $173.7 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: EBT climbed 8.78% in 2022, then soared 117.23% in 2025.
  • A 5-year view of EBT shows it stood at $112.6 million in 2022, then increased by 25.48% to $141.3 million in 2023, then jumped by 48.8% to $210.2 million in 2024, then soared by 117.23% to $456.7 million in 2025, then sank by 33.67% to $302.9 million in 2026.
  • The last three EBT figures came in at $302.9 million (Q1 2026), $456.7 million (Q4 2025), and $269.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -65.54 Mn
2 Morgan Stanley 349.82 Bn 216.29 Bn - 7.01 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 6.49 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - 3.19 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 411.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 1.29 Bn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 484.58 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 302.92 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -254.09 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 56.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 302.92 Mn
Dec 31, 2025 456.71 Mn
Sep 30, 2025 269.62 Mn
Jun 30, 2025 227.06 Mn
Mar 31, 2025 221.58 Mn
Dec 31, 2024 210.25 Mn
Sep 30, 2024 173.67 Mn
Jun 30, 2024 183.46 Mn
Mar 31, 2024 187.02 Mn
Dec 31, 2023 141.30 Mn
Sep 30, 2023 140.30 Mn
Jun 30, 2023 130.99 Mn
Mar 31, 2023 135.40 Mn
Dec 31, 2022 112.61 Mn
Sep 30, 2022 106.22 Mn
Jun 30, 2022 107.15 Mn
Mar 31, 2022 111.16 Mn
Dec 31, 2021 103.52 Mn
Sep 30, 2021 85.17 Mn
Jun 30, 2021 83.47 Mn