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| Date | Value |
|---|---|
| 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 |