Growth Metrics

Tradeweb Markets (TW) Operating Expenses (2018 - 2025)

Historic Operating Expenses for Tradeweb Markets (TW) over the last 8 years, with Q4 2025 value amounting to $300.2 million.

  • Tradeweb Markets' Operating Expenses rose 923.06% to $300.2 million in Q4 2025 from the same period last year, while for Dec 2025 it was $1.2 billion, marking a year-over-year increase of 1614.34%. This contributed to the annual value of $1.2 billion for FY2025, which is 1614.34% up from last year.
  • Latest data reveals that Tradeweb Markets reported Operating Expenses of $300.2 million as of Q4 2025, which was up 923.06% from $298.2 million recorded in Q3 2025.
  • Tradeweb Markets' 5-year Operating Expenses high stood at $313.1 million for Q2 2025, and its period low was $175.1 million during Q1 2021.
  • For the 5-year period, Tradeweb Markets' Operating Expenses averaged around $229.6 million, with its median value being $205.2 million (2023).
  • In the last 5 years, Tradeweb Markets' Operating Expenses soared by 196.66% in 2023 and then surged by 4222.59% in 2024.
  • Quarter analysis of 5 years shows Tradeweb Markets' Operating Expenses stood at $185.7 million in 2021, then increased by 8.5% to $201.5 million in 2022, then rose by 13.34% to $228.4 million in 2023, then grew by 20.33% to $274.8 million in 2024, then rose by 9.23% to $300.2 million in 2025.
  • Its Operating Expenses stands at $300.2 million for Q4 2025, versus $298.2 million for Q3 2025 and $313.1 million for Q2 2025.