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

Tradeweb Markets (TW) recorded quarterly Other Operating Expenses of $263.6 million in Q1 2026, up 15.85% quarter-over-quarter from $227.6 million in Q4 2025, and up 7.19% on a YoY basis from $245.9 million in Q1 2025.

Tradeweb Markets (TW) Other Operating Expenses (2018 - 2026) Analysis & Trends

Tradeweb Markets' Other Operating Expenses history runs 9 years deep, the most recent figure standing at $263.6 million for Q1 2026.

  • In Q1 2026, Other Operating Expenses rose 7.19% year-over-year to $263.6 million; the TTM figure through Mar 2026 stood at $966.6 million (up 7.74% YoY), while the FY2025 annual figure was $948.8 million, up 11.61% from the prior year.
  • Other Operating Expenses was $263.6 million for Q1 2026 at Tradeweb Markets, up from $227.6 million in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of $263.6 million in Q1 2026 to a low of -$1.9 million in Q3 2023.
  • Historically, Other Operating Expenses has averaged $170.9 million across 5 years, with a median of $210.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Other Operating Expenses retreated 0.1% in 2022, then surged 58235.48% in 2024.
  • A 5-year view of Other Operating Expenses shows it stood at $153.7 million in 2022, then climbed by 15.79% to $178.0 million in 2023, then gained by 24.73% to $222.0 million in 2024, then climbed by 2.48% to $227.6 million in 2025, then climbed by 15.85% to $263.6 million in 2026.
  • The last three Other Operating Expenses figures came in at $263.6 million (Q1 2026), $227.6 million (Q4 2025), and $234.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn -
2 Morgan Stanley 349.82 Bn 216.29 Bn -
3 Goldman Sachs 333.85 Bn -603.70 Bn -
4 Schwab Charles 160.31 Bn 115.33 Bn -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn -
8 Tradeweb Markets 21.20 Bn 19.96 Bn -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 263.63 Mn
Dec 31, 2025 227.55 Mn
Sep 30, 2025 234.43 Mn
Jun 30, 2025 241.00 Mn
Mar 31, 2025 245.93 Mn
Dec 31, 2024 222.03 Mn
Sep 30, 2024 233.87 Mn
Jun 30, 2024 195.30 Mn
Mar 31, 2024 198.92 Mn
Dec 31, 2023 178.02 Mn
Sep 30, 2023 -1.91 Mn
Jun 30, 2023 -456,000.00
Mar 31, 2023 341,000.00
Dec 31, 2022 153.73 Mn
Dec 31, 2021 153.89 Mn
Sep 30, 2021 146.06 Mn
Jun 30, 2021 144.98 Mn
Mar 31, 2021 148.92 Mn
Dec 31, 2020 129.11 Mn
Sep 30, 2020 125.51 Mn