Growth Metrics

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

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DateValue
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