Tradeweb Markets (TW) Enterprise Value (2018 - 2026)

Tradeweb Markets (TW) posted quarterly Enterprise Value of -$1.4 billion for Q2 2026, down 35.21% year-over-year from -$2.1 billion in Q2 2025, and down 8.53% quarter-over-quarter from -$1.2 billion in Q1 2026.

Tradeweb Markets (TW) Enterprise Value (2018 - 2026) Analysis & Trends

Tradeweb Markets' Enterprise Value history runs 9 years deep, the most recent figure standing at -$1.4 billion for Q2 2026.

  • In Q2 2026, Enterprise Value fell 35.21% year-over-year to -$1.4 billion; the TTM figure through Jun 2026 stood at -$1.4 billion (down 35.21% YoY), while the FY2025 annual figure was -$1.4 billion, down 89.22% from the prior year.
  • Enterprise Value for Q2 2026 stood at -$1.4 billion, down from -$1.2 billion in the prior quarter.
  • The five-year high for Enterprise Value was -$182.9 million in Q1 2022, with the low at -$1.4 billion in Q4 2025.
  • The 5-year median for Enterprise Value is -$904.2 million (2023), against an average of -$870.9 million.
  • The sharpest annual moves came in 2022 and 2024: Enterprise Value sank 884.46% in 2022, then surged 37.94% in 2024.
  • Tradeweb Markets' Enterprise Value stood at -$664.7 million in 2022, then plunged by 72.83% to -$1.1 billion in 2023, then soared by 35.45% to -$741.6 million in 2024, then sank by 89.22% to -$1.4 billion in 2025, then increased by 3.49% to -$1.4 billion in 2026.
  • Business Quant data shows TW's Enterprise Value at -$1.4 billion in Q2 2026, -$1.2 billion in Q1 2026, and -$1.4 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -160.14 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - -976.35 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - -84.75 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -15.88 Bn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn -17.32 Bn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -2.21 Bn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -1.52 Mn
8 Interactive Brokers 39.54 Bn -3.28 Bn - -42.82 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -2.70 Bn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - -1.35 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.35 Bn
Mar 31, 2026 -1.25 Bn
Dec 31, 2025 -1.40 Bn
Sep 30, 2025 -1.25 Bn
Jun 30, 2025 -1.00 Bn
Mar 31, 2025 -698.16 Mn
Dec 31, 2024 -741.61 Mn
Sep 30, 2024 -587.99 Mn
Jun 30, 2024 -1.14 Bn
Mar 31, 2024 -977.65 Mn
Dec 31, 2023 -1.15 Bn
Sep 30, 2023 -947.48 Mn
Jun 30, 2023 -860.99 Mn
Mar 31, 2023 -634.71 Mn
Dec 31, 2022 -664.70 Mn
Sep 30, 2022 -525.55 Mn
Jun 30, 2022 -303.85 Mn
Mar 31, 2022 -182.95 Mn
Dec 31, 2021 -308.70 Mn
Sep 30, 2021 -163.85 Mn