Tradeweb Markets (TW) Free Cash Flow (2018 - 2026)

Tradeweb Markets (TW) posted quarterly Free Cash Flow of $375.2 million for Q2 2026, down 4.43% year-over-year from $392.6 million in Q2 2025, and up 334.7% quarter-over-quarter from $86.3 million in Q1 2026.

Tradeweb Markets (TW) Free Cash Flow (2018 - 2026) Analysis & Trends

Tradeweb Markets' Free Cash Flow history runs 9 years deep, the most recent figure standing at $375.2 million for Q2 2026.

  • In Q2 2026, Free Cash Flow fell 4.43% year-over-year to $375.2 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 14.03% YoY), while the FY2025 annual figure was $1.1 billion, up 30.04% from the prior year.
  • Free Cash Flow for Q2 2026 stood at $375.2 million, up from $86.3 million in the prior quarter.
  • The five-year high for Free Cash Flow was $392.6 million in Q2 2025, with the low at $27.2 million in Q1 2024.
  • The 5-year median for Free Cash Flow is $204.1 million (2023), against an average of $206.4 million.
  • The sharpest annual moves came in 2024 and 2026: Free Cash Flow sank 55.35% in 2024, then jumped 83.51% in 2026.
  • Tradeweb Markets' Free Cash Flow stood at $198.6 million in 2022, then climbed by 17.65% to $233.6 million in 2023, then advanced by 15.27% to $269.3 million in 2024, then gained by 26.46% to $340.6 million in 2025, then increased by 10.18% to $375.2 million in 2026.
  • Business Quant data shows TW's Free Cash Flow at $375.2 million in Q2 2026, $86.3 million in Q1 2026, and $340.6 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -3.57 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 5.60 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.20 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 708.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -873.83 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 3.59 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 202.51 Mn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 375.21 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 375.21 Mn
Jun 30, 2026 375.21 Mn
Mar 31, 2026 103.58 Mn
Mar 31, 2026 103.58 Mn
Dec 31, 2025 325.59 Mn
Dec 31, 2025 325.59 Mn
Sep 30, 2025 339.22 Mn
Sep 30, 2025 339.22 Mn
Jun 30, 2025 403.04 Mn
Jun 30, 2025 403.04 Mn
Mar 31, 2025 59.24 Mn
Mar 31, 2025 59.24 Mn
Dec 31, 2024 276.25 Mn
Dec 31, 2024 276.25 Mn
Sep 30, 2024 279.43 Mn
Sep 30, 2024 279.43 Mn
Jun 30, 2024 263.80 Mn
Jun 30, 2024 263.80 Mn
Mar 31, 2024 37.31 Mn
Mar 31, 2024 37.31 Mn