Tradeweb Markets (TW) Income from Continuing Operations (2018 - 2026)
Tradeweb Markets (TW) recorded Income from Continuing Operations of $206.69 million in Q2 2026, up 17.8% from $175.52 million a year earlier but down 11.4% from the prior quarter.
Tradeweb Markets (TW) Income from Continuing Operations (2018 - 2026) Analysis & Trends
On a TTM basis, Tradeweb Markets' Income from Continuing Operations came in at $1.02 billion as of Jun 30, 2026, up 60.5% year-over-year; for FY2025, it came in at $921.5 million, up 61.7% from FY2024.
- Annual Income from Continuing Operations has increased for seven straight years, with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- Across earlier years, Income from Continuing Operations came in at $569.96 million in FY2024 (+35.9%), $419.5 million in FY2023 (+16.7%), $359.61 million in FY2022 (+31.7%) and $273.11 million in FY2021 (+25.1%).
- Quarterly Income from Continuing Operations has ranged from $60.01 million in Q4 2021 to $367.12 million in Q4 2025 over the past five years.
- On a year-over-year basis, Income from Continuing Operations has increased for 18 consecutive quarters, with growth averaging 45.5% over the last eight quarters.
- Peak year-over-year performance for Income from Continuing Operations in the last five years was growth of 129.5% in Q4 2025, against a decline of 9.7% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $233.17 million (Q1 2026), $367.12 million (Q4 2025) and $210.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 573.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 1.79 Bn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 1.04 Bn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 975.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 507.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 1.08 Bn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 1.34 Bn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 792.20 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 353.10 Mn |
| 10 | Tradeweb Markets | 23.61 Bn | 16.33 Bn | - | 206.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 206.69 Mn |
| Mar 31, 2026 | 233.17 Mn |
| Dec 31, 2025 | 367.12 Mn |
| Sep 30, 2025 | 210.55 Mn |
| Jun 30, 2025 | 175.52 Mn |
| Mar 31, 2025 | 168.31 Mn |
| Dec 31, 2024 | 159.94 Mn |
| Sep 30, 2024 | 130.22 Mn |
| Jun 30, 2024 | 136.42 Mn |
| Mar 31, 2024 | 143.38 Mn |
| Dec 31, 2023 | 103.74 Mn |
| Sep 30, 2023 | 111.63 Mn |
| Jun 30, 2023 | 101.94 Mn |
| Mar 31, 2023 | 102.19 Mn |
| Dec 31, 2022 | 99.00 Mn |
| Sep 30, 2022 | 81.57 Mn |
| Jun 30, 2022 | 81.60 Mn |
| Mar 31, 2022 | 97.45 Mn |
| Dec 31, 2021 | 60.01 Mn |
| Sep 30, 2021 | 65.31 Mn |
Tradeweb Markets Income from Continuing Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-continuing-operations&ticker=TW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=income-from-continuing-operations&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();