Growth Metrics

Tradeweb Markets (TW) EBT (2018 - 2026)

Tradeweb Markets' quarterly EBT came in at $302.9 million in Q1 2026, up 36.71% year-on-year from $221.6 million in Q1 2025, and down 33.67% quarter-over-quarter from $456.7 million in Q4 2025.

Tradeweb Markets has reported EBT for 9 years, with the latest figure at $302.9 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT rose 36.71% year-over-year to $302.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 59.24% YoY), and the FY2025 full-year result was $1.2 billion, up 55.75% from the prior year.
  • EBT for Q1 2026 stood at $302.9 million, down from $456.7 million in the prior quarter.
  • The five-year high for EBT was $456.7 million in Q4 2025, with the low at $106.2 million in Q3 2022.
  • Average EBT over 5 years is $189.3 million, with a median of $173.7 million recorded in 2024.
  • Year-over-year, EBT increased 8.78% in 2022 and surged 117.23% in 2025.
  • Tracing TW's EBT over 5 years: stood at $112.6 million in 2022, then rose by 25.48% to $141.3 million in 2023, then surged by 48.8% to $210.2 million in 2024, then jumped by 117.23% to $456.7 million in 2025, then plunged 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 Morgan Stanley 330.71 Bn 197.18 Bn - 7.01 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 6.49 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 3.19 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 411.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 1.29 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 56.69 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 484.58 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -254.09 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 302.92 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn -302.08 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
Mar 31, 2021 97.83 Mn
Dec 31, 2020 82.63 Mn
Sep 30, 2020 58.17 Mn
Jun 30, 2020 55.35 Mn
Mar 31, 2020 78.31 Mn
Dec 31, 2019 88.17 Mn
Sep 30, 2019 58.89 Mn
Jun 30, 2019 31.13 Mn
Mar 31, 2019 47.14 Mn
Sep 30, 2018 53.49 Mn
Jun 30, 2018 40.74 Mn
Mar 31, 2018 47.83 Mn