Tradeweb Markets (TW) EBT (2018 - 2026)
Tradeweb Markets (TW) posted quarterly EBT of $270.2 million for Q2 2026, up 18.99% year-over-year from $227.1 million in Q2 2025, and down 10.81% quarter-over-quarter from $302.9 million in Q1 2026.
Tradeweb Markets (TW) EBT (2018 - 2026) Analysis & Trends
Tradeweb Markets' EBT history runs 9 years deep, the most recent figure standing at $270.2 million for Q2 2026.
- In Q2 2026, EBT rose 18.99% year-over-year to $270.2 million; the TTM figure through Jun 2026 stood at $1.3 billion (up 56.08% YoY), while the FY2025 annual figure was $1.2 billion, up 55.75% from the prior year.
- EBT for Q2 2026 stood at $270.2 million, down from $302.9 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.
- The 5-year median for EBT is $178.6 million (2024), against an average of $193.8 million.
- The sharpest annual moves came in 2022 and 2025: EBT advanced 8.78% in 2022, then surged 117.23% in 2025.
- Tradeweb Markets' EBT stood at $112.6 million in 2022, then grew by 25.48% to $141.3 million in 2023, then soared by 48.8% to $210.2 million in 2024, then surged by 117.23% to $456.7 million in 2025, then slumped by 40.84% to $270.2 million in 2026.
- Business Quant data shows TW's EBT at $270.2 million in Q2 2026, $302.9 million in Q1 2026, and $456.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 7.35 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 8.56 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.67 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 709.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 1.46 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 515.50 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 270.19 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 52.31 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 514.30 Mn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | -16.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 270.19 Mn |
| 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 |