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 | 333.21 Bn | 173.07 Bn | - | -160.14 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | -976.35 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | -73.59 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | -17.32 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | -47.96 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | -2.70 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | -1.35 Bn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | -1.73 Bn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -15.88 Bn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | -3.89 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |