Tradeweb Markets (TW) Non Operating Interest Expenses (2023 - 2026)
Tradeweb Markets' Non Operating Interest Expenses was $505,000 in Q2 2026, up 17.7% from $429,000 a year earlier but down 19.1% from the prior quarter.
Tradeweb Markets (TW) Non Operating Interest Expenses (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tradeweb Markets' Non Operating Interest Expenses was $2.05 million through Jun 30, 2026, down 32.3% year-over-year; for FY2025, it came in at $1.94 million, down 54.6% from FY2024.
- Non Operating Interest Expenses shows a three-year compound annual growth rate of 2.5% (FY2022 to FY2025).
- In earlier years, Non Operating Interest Expenses was $4.28 million in FY2024 (+109.0%), $2.05 million in FY2023 (+13.4%) and $1.81 million in FY2022.
- Quarterly Non Operating Interest Expenses has moved between $403,000 (Q4 2025) and $1.72 million (Q1 2024) over five years.
- Compared with a year earlier, Non Operating Interest Expenses was higher in three of the last eight quarters, with growth averaging 5.2%.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q1 2024 (growth of 282.6%); the worst was Q1 2025 (a decline of 65.8%).
- Per Business Quant data, TW's Non Operating Interest Expenses in the three quarters before Q2 2026 was $624,000 (Q1 2026), $403,000 (Q4 2025) and $522,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | - |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 43.60 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 205.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 86.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 13.20 Mn |
| 10 | Tradeweb Markets | 23.61 Bn | 16.33 Bn | - | 505,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 505,000.00 |
| Mar 31, 2026 | 624,000.00 |
| Dec 31, 2025 | 403,000.00 |
| Sep 30, 2025 | 522,000.00 |
| Jun 30, 2025 | 429,000.00 |
| Mar 31, 2025 | 587,000.00 |
| Dec 31, 2024 | 573,000.00 |
| Sep 30, 2024 | 1.45 Mn |
| Jun 30, 2024 | 542,000.00 |
| Mar 31, 2024 | 1.72 Mn |
| Dec 31, 2023 | 667,000.00 |
| Sep 30, 2023 | 464,000.00 |
| Jun 30, 2023 | 467,000.00 |
| Mar 31, 2023 | 449,000.00 |
Tradeweb Markets Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=TW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();