Tradeweb Markets (TW) Interest Expenses (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Interest Expenses of $205.8 million for Q2 2026, up 484.66% year-over-year from $35.2 million in Q2 2025, and up 4.34% quarter-over-quarter from $197.3 million in Q1 2026.
Tradeweb Markets (TW) Interest Expenses (2018 - 2026) Analysis & Trends
Tradeweb Markets' Interest Expenses history runs 9 years deep, the most recent figure standing at $205.8 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 484.66% year-over-year to $205.8 million; the TTM figure through Jun 2026 stood at $205.8 million (up 484.66% YoY), while the FY2025 annual figure was $195.0 million, up 68.37% from the prior year.
- Interest Expenses for Q2 2026 stood at $205.8 million, up from $197.3 million in the prior quarter.
- The five-year high for Interest Expenses was $205.8 million in Q2 2026, with the low at -$1.1 million in Q4 2024.
- The 5-year median for Interest Expenses is $30.4 million (2022), against an average of $52.3 million.
- The sharpest annual moves came in 2024 and 2025: Interest Expenses plunged 110.14% in 2024, then soared 520.56% in 2025.
- Tradeweb Markets' Interest Expenses stood at $5.6 million in 2022, then soared by 100.54% to $11.2 million in 2023, then slumped by 110.14% to -$1.1 million in 2024, then surged by 135.6% to $403000.0 in 2025, then soared by 50974.19% to $205.8 million in 2026.
- Business Quant data shows TW's Interest Expenses at $205.8 million in Q2 2026, $197.3 million in Q1 2026, and $403000.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.12 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 18.09 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 789.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 102.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 1.18 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 101.50 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 505,000.00 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | -18.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 205.83 Mn |
| Jun 30, 2026 | 205.83 Mn |
| Mar 31, 2026 | 197.27 Mn |
| Mar 31, 2026 | 197.27 Mn |
| Dec 31, 2025 | 1.01 Mn |
| Dec 31, 2025 | 1.01 Mn |
| Sep 30, 2025 | 192.75 Mn |
| Sep 30, 2025 | 192.75 Mn |
| Jun 30, 2025 | 35.21 Mn |
| Jun 30, 2025 | 35.21 Mn |
| Mar 31, 2025 | 3.66 Mn |
| Mar 31, 2025 | 3.66 Mn |
| Dec 31, 2024 | 10.44 Mn |
| Dec 31, 2024 | 10.44 Mn |
| Sep 30, 2024 | 2.47 Mn |
| Sep 30, 2024 | 2.47 Mn |
| Jun 30, 2024 | 30.68 Mn |
| Jun 30, 2024 | 30.68 Mn |
| Mar 31, 2024 | 26.87 Mn |
| Mar 31, 2024 | 26.87 Mn |