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

Tradeweb Markets has reported Operating Expenses over the past 9 years, most recently at $330.5 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 8.16% year-over-year to $330.5 million; the TTM value through Mar 2026 reached $1.2 billion, up 11.65%, while the annual FY2025 figure was $1.2 billion, 16.14% up from the prior year.
  • Operating Expenses for Q1 2026 was $330.5 million at Tradeweb Markets, up from $300.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $330.5 million in Q1 2026 and troughed at $184.3 million in Q3 2022.
  • A 5-year average of $247.3 million and a median of $241.1 million in 2024 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: increased 1.97% in 2023 and later surged 42.23% in 2024.
  • Year by year, Operating Expenses stood at $201.5 million in 2022, then grew by 13.34% to $228.4 million in 2023, then increased by 20.33% to $274.8 million in 2024, then rose by 9.23% to $300.2 million in 2025, then grew by 10.11% to $330.5 million in 2026.
  • Business Quant data shows Operating Expenses for TW at $330.5 million in Q1 2026, $300.2 million in Q4 2025, and $298.2 million in Q3 2025.