Tradeweb Markets (TW) Net Income Attributable to Noncontrolling Interests (2019 - 2026)
Tradeweb Markets (TW) reported Net Income Attributable to Noncontrolling Interests of $27.45 million for Q3 2026, up 10.2% from $24.91 million a year earlier and up 8.2% from the prior quarter.
Tradeweb Markets (TW) Net Income Attributable to Noncontrolling Interests (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Tradeweb Markets' Net Income Attributable to Noncontrolling Interests came in at $122.83 million, up 45.7% year-over-year; for FY2025, it came in at $108.71 million, up 58.8% from FY2024.
- Net Income Attributable to Noncontrolling Interests has increased for four consecutive years, with a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- By year, Net Income Attributable to Noncontrolling Interests came in at $68.46 million in FY2024 (+25.3%), $54.64 million in FY2023 (+8.7%), $50.28 million in FY2022 (+8.6%) and $46.28 million in FY2021 (-11.2%).
- Five-year quarterly Net Income Attributable to Noncontrolling Interests spans a low of $10.06 million in Q4 2022 and a high of $42.13 million in Q4 2025.
- Year over year, Net Income Attributable to Noncontrolling Interests has now increased in each of the last 13 quarters, with growth averaging 40.3% over the last eight quarters.
- The high point for year-over-year Net Income Attributable to Noncontrolling Interests in five years was Q4 2025 (growth of 137.6%); the low point was Q4 2022 (a decline of 9.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $25.37 million (Q2 2026), $27.88 million (Q1 2026) and $42.13 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn | - |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - | -3.00 Mn |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn | 16.00 Mn |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - | 8.00 Mn |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn | -1.00 Mn |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - | - |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn | - |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - | 1.03 Bn |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - | - |
| 10 | Tradeweb Markets | 30.81 Bn | 23.33 Bn | - | 27.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.45 Mn |
| Jun 30, 2026 | 25.37 Mn |
| Mar 31, 2026 | 27.88 Mn |
| Dec 31, 2025 | 42.13 Mn |
| Sep 30, 2025 | 24.91 Mn |
| Jun 30, 2025 | 21.74 Mn |
| Mar 31, 2025 | 19.92 Mn |
| Dec 31, 2024 | 17.73 Mn |
| Sep 30, 2024 | 16.31 Mn |
| Jun 30, 2024 | 17.18 Mn |
| Mar 31, 2024 | 17.24 Mn |
| Dec 31, 2023 | 14.43 Mn |
| Sep 30, 2023 | 13.02 Mn |
| Jun 30, 2023 | 12.86 Mn |
| Mar 31, 2023 | 14.34 Mn |
| Dec 31, 2022 | 10.06 Mn |
| Sep 30, 2022 | 12.48 Mn |
| Jun 30, 2022 | 13.26 Mn |
| Mar 31, 2022 | 14.48 Mn |
| Dec 31, 2021 | 11.12 Mn |
Tradeweb Markets Net Income Attributable to Noncontrolling Interests 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-non-controlling-interests&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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-non-controlling-interests&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();