Tradeweb Markets (TW) Operating Leases (2019 - 2026)
Tradeweb Markets' quarterly Operating Leases came in at $142.8 million in Q1 2026, up 342.58% year-on-year from $32.3 million in Q1 2025, and up 2.63% quarter-over-quarter from $139.2 million in Q4 2025.
Tradeweb Markets has reported Operating Leases for 8 years, with the latest figure at $142.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 342.58% year-over-year to $142.8 million; the trailing twelve-month figure through Mar 2026 stood at $142.8 million (up 342.58% YoY), and the FY2025 full-year result was $139.2 million, up 289.3% from the prior year.
- Operating Leases for Q1 2026 stood at $142.8 million, up from $139.2 million in the prior quarter.
- The five-year high for Operating Leases was $142.8 million in Q1 2026, with the low at $22.0 million in Q3 2023.
- Average Operating Leases over 5 years is $46.1 million, with a median of $28.7 million recorded in 2022.
- Year-over-year, Operating Leases retreated 23.12% in 2023 and jumped 342.58% in 2026.
- Tracing TW's Operating Leases over 5 years: stood at $27.9 million in 2022, then dropped by 1.72% to $27.5 million in 2023, then soared by 30.17% to $35.7 million in 2024, then soared by 289.3% to $139.2 million in 2025, then increased by 2.63% to $142.8 million in 2026.
- The last three Operating Leases figures came in at $142.8 million (Q1 2026), $139.2 million (Q4 2025), and $103.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 142.83 Mn |
| Dec 31, 2025 | 139.17 Mn |
| Sep 30, 2025 | 103.50 Mn |
| Jun 30, 2025 | 32.32 Mn |
| Mar 31, 2025 | 32.27 Mn |
| Dec 31, 2024 | 35.75 Mn |
| Sep 30, 2024 | 28.59 Mn |
| Jun 30, 2024 | 28.11 Mn |
| Mar 31, 2024 | 24.70 Mn |
| Dec 31, 2023 | 27.46 Mn |
| Sep 30, 2023 | 22.04 Mn |
| Jun 30, 2023 | 23.29 Mn |
| Mar 31, 2023 | 25.81 Mn |
| Dec 31, 2022 | 27.94 Mn |
| Sep 30, 2022 | 28.67 Mn |
| Jun 30, 2022 | 29.92 Mn |
| Mar 31, 2022 | 31.93 Mn |
| Dec 31, 2021 | 24.33 Mn |
| Sep 30, 2021 | 26.77 Mn |
| Jun 30, 2021 | 28.77 Mn |
| Mar 31, 2021 | 31.20 Mn |
| Dec 31, 2020 | 34.46 Mn |
| Sep 30, 2020 | 33.24 Mn |
| Jun 30, 2020 | 30.31 Mn |
| Mar 31, 2020 | 33.37 Mn |
| Dec 31, 2019 | 30.96 Mn |
| Sep 30, 2019 | 33.13 Mn |
| Jun 30, 2019 | 34.53 Mn |
| Mar 31, 2019 | 37.31 Mn |