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

Tradeweb Markets has reported Operating Income over the past 8 years, most recently at $221.0 million for Q4 2025.

  • Quarterly results put Operating Income at $221.0 million for Q4 2025, up 17.22% from a year ago — trailing twelve months through Dec 2025 was $835.3 million (up 23.2% YoY), and the annual figure for FY2025 was $835.3 million, up 23.2%.
  • Operating Income for Q4 2025 was $221.0 million at Tradeweb Markets, up from $210.4 million in the prior quarter.
  • Over the last five years, Operating Income for TW hit a ceiling of $221.0 million in Q4 2025 and a floor of $83.8 million in Q2 2021.
  • Median Operating Income over the past 5 years was $123.7 million (2023), compared with a mean of $139.5 million.
  • Biggest five-year swings in Operating Income: increased 0.41% in 2022 and later surged 54.7% in 2023.
  • Tradeweb Markets' Operating Income stood at $91.2 million in 2021, then grew by 0.41% to $91.6 million in 2022, then skyrocketed by 54.7% to $141.6 million in 2023, then skyrocketed by 33.12% to $188.5 million in 2024, then rose by 17.22% to $221.0 million in 2025.
  • The last three reported values for Operating Income were $221.0 million (Q4 2025), $210.4 million (Q3 2025), and $199.9 million (Q2 2025) per Business Quant data.