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
DateValue
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