Tradeweb Markets (TW) Net Income (2018 - 2026)
Tradeweb Markets' Net Income was $206.69 million in Q2 2026, up 17.8% from $175.52 million a year earlier but down 11.4% from the prior quarter.
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Analysis
Tradeweb Markets (TW) Net Income (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tradeweb Markets' Net Income was $1.02 billion through Jun 30, 2026, up 60.5% year-over-year; for FY2025, it came in at $921.5 million, up 61.7% from FY2024.
- Net Income has now increased for seven consecutive years, with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- In earlier years, Net Income was $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 Net Income has moved between $60.01 million (Q4 2021) and $367.12 million (Q4 2025) over five years.
- Compared with a year earlier, Net Income has increased for 18 straight quarters, with growth averaging 45.5% over the last eight quarters.
- The best year-over-year quarter for Net Income over five years was Q4 2025 (growth of 129.5%); the worst was Q4 2021 (a decline of 9.7%).
- Per Business Quant data, TW's Net Income in the three quarters before Q2 2026 was $233.17 million (Q1 2026), $367.12 million (Q4 2025) and $210.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.48 Bn | 85.58 Bn | - | 573.00 Mn |
| 2 | Bank of New York Mellon | 99.71 Bn | 39.09 Bn | - | 1.79 Bn |
| 3 | Cme | 94.57 Bn | 94.57 Bn | - | 1.04 Bn |
| 4 | Intercontinental Exchange | 85.38 Bn | 79.19 Bn | - | 975.00 Mn |
| 5 | Nasdaq | 51.62 Bn | 49.05 Bn | 1.50 Bn | 507.00 Mn |
| 6 | State Street | 48.84 Bn | 48.84 Bn | - | 1.08 Bn |
| 7 | Interactive Brokers | 38.83 Bn | 32.29 Bn | - | 1.34 Bn |
| 8 | Northern Trust | 31.65 Bn | 31.65 Bn | - | 792.20 Mn |
| 9 | Cboe Global Markets | 27.38 Bn | 19.03 Bn | 731.60 Mn | 353.10 Mn |
| 10 | Tradeweb Markets | 23.56 Bn | 16.27 Bn | - | 206.69 Mn |
Historic Data
Download Data
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 |
API Access
Tradeweb Markets Net Income 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=net-income&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();