Tradeweb Markets (TW) Other Working Capital Changes (2018 - 2026)
Tradeweb Markets (TW) recorded quarterly Other Working Capital Changes of $8.8 million in Q1 2026, down 21.65% quarter-over-quarter from $11.3 million in Q4 2025, and down 45.04% on a YoY basis from $16.1 million in Q1 2025.
Tradeweb Markets (TW) Other Working Capital Changes (2018 - 2026) Analysis & Trends
Tradeweb Markets' Other Working Capital Changes history runs 9 years deep, the most recent figure standing at $8.8 million for 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 was $8.8 million for Q1 2026 at Tradeweb Markets, down from $11.3 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $16.1 million in Q1 2025 to a low of -$25.6 million in Q3 2025.
- Historically, Other Working Capital Changes has averaged $2.5 million across 5 years, with a median of $2.9 million in 2023.
- Biggest YoY gain for Other Working Capital Changes was 1187.61% in 2025; the steepest drop was 581.13% in 2025.
- A 5-year view of Other Working Capital Changes shows it stood at -$1.7 million in 2022, then tumbled by 229.15% to -$5.7 million in 2023, then jumped by 269.48% to $9.7 million in 2024, then increased by 16.36% to $11.3 million in 2025, then declined by 21.65% to $8.8 million in 2026.
- The last three Other Working Capital Changes figures came in at $8.8 million (Q1 2026), $11.3 million (Q4 2025), and -$25.6 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 | 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 |