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| Date | Value |
|---|---|
| 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 |