Growth Metrics

Tradeweb Markets (TW) Goodwill & Intangibles (2018 - 2026)

Tradeweb Markets' quarterly Goodwill & Intangibles came in at $4.3 billion in Q1 2026, down 2.9% year-on-year from $4.4 billion in Q1 2025, and up 24.81% quarter-over-quarter from $3.4 billion in Q4 2025.

Tradeweb Markets has reported Goodwill & Intangibles for 9 years, with the latest figure at $4.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Goodwill & Intangibles fell 2.9% year-over-year to $4.3 billion; the trailing twelve-month figure through Mar 2026 stood at $4.3 billion (down 2.9% YoY), and the FY2025 full-year result was $3.4 billion, down 22.81% from the prior year.
  • Goodwill & Intangibles for Q1 2026 stood at $4.3 billion, up from $3.4 billion in the prior quarter.
  • The five-year high for Goodwill & Intangibles was $4.4 billion in Q4 2024, with the low at $2.9 billion in Q4 2022.
  • Average Goodwill & Intangibles over 5 years is $3.7 billion, with a median of $3.8 billion recorded in 2023.
  • Year-over-year, Goodwill & Intangibles retreated 26.65% in 2022 and soared 50.36% in 2024.
  • Tracing TW's Goodwill & Intangibles over 5 years: stood at $2.9 billion in 2022, then grew by 0.85% to $2.9 billion in 2023, then soared by 50.36% to $4.4 billion in 2024, then slipped by 22.81% to $3.4 billion in 2025, then increased by 24.81% to $4.3 billion in 2026.
  • The last three Goodwill & Intangibles figures came in at $4.3 billion (Q1 2026), $3.4 billion (Q4 2025), and $4.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn -
2 Goldman Sachs 318.59 Bn -618.96 Bn -
3 Schwab Charles 154.74 Bn 109.76 Bn -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn -
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 4.27 Bn
Dec 31, 2025 3.42 Bn
Sep 30, 2025 4.33 Bn
Jun 30, 2025 4.36 Bn
Mar 31, 2025 4.40 Bn
Dec 31, 2024 4.43 Bn
Sep 30, 2024 3.46 Bn
Jun 30, 2024 3.86 Bn
Mar 31, 2024 3.89 Bn
Dec 31, 2023 2.95 Bn
Sep 30, 2023 3.85 Bn
Jun 30, 2023 3.80 Bn
Mar 31, 2023 3.83 Bn
Dec 31, 2022 2.92 Bn
Sep 30, 2022 2.92 Bn
Jun 30, 2022 3.91 Bn
Mar 31, 2022 2.93 Bn
Dec 31, 2021 3.96 Bn
Sep 30, 2021 3.99 Bn
Jun 30, 2021 2.95 Bn
Mar 31, 2021 2.86 Bn
Dec 31, 2020 2.86 Bn
Sep 30, 2020 3.91 Bn
Jun 30, 2020 3.93 Bn
Mar 31, 2020 3.02 Bn
Dec 31, 2019 3.98 Bn
Sep 30, 2019 3.02 Bn
Jun 30, 2019 3.02 Bn
Mar 31, 2019 2.85 Bn
Dec 31, 2018 2.87 Bn