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

Tradeweb Markets' Net Margin history runs 9 years deep, the most recent figure standing at 36.98% for Q2 2026.

• In Q2 2026, Net Margin rose 276.0% year-over-year to 36.98%; the TTM figure through Jun 2026 stood at 46.12% (up 1335.0% YoY), while the FY2025 annual figure was 44.9%, up 1187.0% from the prior year.
• Net Margin for Q2 2026 stood at 36.98%, down from 37.74% in the prior quarter.
• The five-year high for Net Margin was 70.44% in Q4 2025, with the low at 27.46% in Q2 2022.
• The 5-year median for Net Margin is 33.74% (2022), against an average of 35.16%.
• The sharpest annual moves came in 2023 and 2025: Net Margin plunged 575 bps in 2023, then jumped 3592 bps in 2025.
• Tradeweb Markets' Net Margin stood at 33.78% in 2022, then declined by 17 bps to 28.04% in 2023, then increased by 23 bps to 34.52% in 2024, then soared by 104 bps to 70.44% in 2025, then slumped by 48 bps to 36.98% in 2026.
• Business Quant data shows TW's Net Margin at 36.98% in Q2 2026, 37.74% in Q1 2026, and 70.44% in Q4 2025.