Tradeweb Markets (TW) Net Margin (2018 - 2026)

Tradeweb Markets' Net Margin history runs 9 years deep, the most recent figure standing at 37.74% for Q1 2026.

• In Q1 2026, Net Margin rose 472.0% year-over-year to 37.74%; the TTM figure through Mar 2026 stood at 45.65% (up 1309.0% YoY), while the FY2025 annual figure was 44.9%, up 1187.0% from the prior year.
• Net Margin was 37.74% for Q1 2026 at Tradeweb Markets, down from 70.44% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 70.44% in Q4 2025 to a low of 27.46% in Q2 2022.
• Historically, Net Margin has averaged 35.06% across 5 years, with a median of 33.69% in 2024.
• The sharpest annual moves came in 2022 and 2023: Net Margin soared 25169 bps in 2022, then sank 575 bps in 2023.
• A 5-year view of Net Margin shows it stood at 33.78% in 2022, then fell by 17 bps to 28.04% in 2023, then rose by 23 bps to 34.52% in 2024, then jumped by 104 bps to 70.44% in 2025, then sank by 46 bps to 37.74% in 2026.
• The last three Net Margin figures came in at 37.74% (Q1 2026), 70.44% (Q4 2025), and 41.4% (Q3 2025), per Business Quant data.