Tradeweb Markets (TW) Non Operating Income (2023 - 2026)

Tradeweb Markets (TW) posted quarterly Non Operating Income of -$1.2 million for Q1 2026, down 127.39% year-over-year from $4.2 million in Q1 2025, and down 100.56% on a QoQ basis from $207.1 million in Q4 2025.

Tradeweb Markets (TW) Non Operating Income (2023 - 2026) Analysis & Trends

Tradeweb Markets (TW) has reported Non Operating Income for 4 consecutive years, with -$1.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Non Operating Income fell 127.39% year-over-year to -$1.2 million; the TTM figure through Mar 2026 stood at $258.0 million (up 8204.06% YoY), while the FY2025 annual figure was $263.4 million, up 23743.09% from the prior year.
  • Non Operating Income came in at -$1.2 million for Q1 2026 at Tradeweb Markets, down from $207.1 million in the prior quarter.
  • The five-year high for Non Operating Income was $207.1 million in Q4 2025, with the low at -$11.1 million in Q4 2023.
  • Average Non Operating Income over 4 years is $22.5 million, with a median of $10000.0 recorded in 2024.
  • Across the five-year window, Non Operating Income jumped 394100.0% in 2025 and tumbled 127.39% in 2026, its largest moves.
  • Year by year, Non Operating Income stood at -$11.1 million in 2023, then soared by 89.87% to -$1.1 million in 2024, then soared by 18523.31% to $207.1 million in 2025, then sank by 100.56% to -$1.2 million in 2026.
  • According to Business Quant data, Non Operating Income over the past three periods registered -$1.2 million, $207.1 million, and $39.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - 222.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 64.38 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -1.16 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 11.68 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -20.56 Mn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.16 Mn
Dec 31, 2025 207.08 Mn
Sep 30, 2025 39.42 Mn
Jun 30, 2025 12.67 Mn
Mar 31, 2025 4.22 Mn
Dec 31, 2024 -1.12 Mn
Sep 30, 2024 10,000.00
Dec 31, 2023 -11.10 Mn
Sep 30, 2023 -1.91 Mn
Jun 30, 2023 -456,000.00
Mar 31, 2023 341,000.00