Tradeweb Markets (TW) Operating Expenses (2018 - 2026)

Tradeweb Markets (TW) has reported Operating Expenses for 9 consecutive years, with $330.5 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 8.16% year-over-year to $330.5 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 11.65% YoY), while the FY2025 annual figure was $1.2 billion, up 16.14% from the prior year.
• Operating Expenses came in at $330.5 million for Q1 2026 at Tradeweb Markets, up from $300.2 million in the prior quarter.
• The five-year high for Operating Expenses was $330.5 million in Q1 2026, with the low at $184.3 million in Q3 2022.
• Average Operating Expenses over 5 years is $247.3 million, with a median of $241.1 million recorded in 2024.
• Across the five-year window, Operating Expenses advanced 1.97% in 2023 and surged 42.23% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $201.5 million in 2022, then increased by 13.34% to $228.4 million in 2023, then rose by 20.33% to $274.8 million in 2024, then gained by 9.23% to $300.2 million in 2025, then increased by 10.11% to $330.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $330.5 million, $300.2 million, and $298.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.