Tradeweb Markets (TW) Other Working Capital Changes (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Other Working Capital Changes of $8.8 million for Q1 2026, down 45.04% year-over-year from $16.1 million in Q1 2025, and down 21.65% on a QoQ basis from $11.3 million in Q4 2025.
Tradeweb Markets (TW) Other Working Capital Changes (2018 - 2026) Analysis & Trends
Tradeweb Markets (TW) has reported Other Working Capital Changes for 9 consecutive years, with $8.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Other Working Capital Changes fell 45.04% year-over-year to $8.8 million; the TTM figure through Mar 2026 stood at $9.3 million (down 68.03% YoY), while the FY2025 annual figure was $16.5 million, up 44.23% from the prior year.
- Other Working Capital Changes came in at $8.8 million for Q1 2026 at Tradeweb Markets, down from $11.3 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $16.1 million in Q1 2025, with the low at -$25.6 million in Q3 2025.
- Average Other Working Capital Changes over 5 years is $2.5 million, with a median of $2.9 million recorded in 2023.
- The largest YoY upside for Other Working Capital Changes was 1187.61% in 2025 against a maximum downside of 581.13% in 2025.
- Year by year, Other Working Capital Changes stood at -$1.7 million in 2022, then plunged by 229.15% to -$5.7 million in 2023, then jumped by 269.48% to $9.7 million in 2024, then advanced by 16.36% to $11.3 million in 2025, then decreased by 21.65% to $8.8 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered $8.8 million, $11.3 million, and -$25.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.83 Mn |
| Mar 31, 2026 | 8.83 Mn |
| Dec 31, 2025 | 11.27 Mn |
| Dec 31, 2025 | 11.27 Mn |
| Sep 30, 2025 | -25.55 Mn |
| Sep 30, 2025 | -25.55 Mn |
| Jun 30, 2025 | 14.72 Mn |
| Jun 30, 2025 | 14.72 Mn |
| Mar 31, 2025 | 16.06 Mn |
| Mar 31, 2025 | 16.06 Mn |
| Dec 31, 2024 | 9.68 Mn |
| Dec 31, 2024 | 9.68 Mn |
| Sep 30, 2024 | 5.31 Mn |
| Sep 30, 2024 | 5.31 Mn |
| Jun 30, 2024 | -2.08 Mn |
| Jun 30, 2024 | -2.08 Mn |
| Mar 31, 2024 | -1.48 Mn |
| Mar 31, 2024 | -1.48 Mn |
| Dec 31, 2023 | -5.71 Mn |
| Dec 31, 2023 | -5.71 Mn |