Tradeweb Markets (TW) Payables (2018 - 2026)

Tradeweb Markets (TW) recorded quarterly Payables of $130.7 million in Q1 2026, up 3786.41% quarter-over-quarter from $3.4 million in Q4 2025, and up 24.71% on a YoY basis from $104.8 million in Q1 2025.

Tradeweb Markets (TW) Payables (2018 - 2026) Analysis & Trends

Tradeweb Markets' Payables history runs 9 years deep, the most recent figure standing at $130.7 million for Q1 2026.

  • In Q1 2026, Payables rose 24.71% year-over-year to $130.7 million; the TTM figure through Mar 2026 stood at $130.7 million (up 24.71% YoY), while the FY2025 annual figure was $3.4 million, down 96.47% from the prior year.
  • Payables was $130.7 million for Q1 2026 at Tradeweb Markets, up from $3.4 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $646.6 million in Q1 2024 to a low of $855000.0 in Q3 2022.
  • Historically, Payables has averaged $149.0 million across 5 years, with a median of $95.3 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Payables soared 7686.44% in 2023, then sank 96.47% in 2025.
  • A 5-year view of Payables shows it stood at $46.7 million in 2022, then increased by 23.15% to $57.5 million in 2023, then jumped by 65.72% to $95.3 million in 2024, then tumbled by 96.47% to $3.4 million in 2025, then jumped by 3786.41% to $130.7 million in 2026.
  • The last three Payables figures came in at $130.7 million (Q1 2026), $3.4 million (Q4 2025), and $187.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - 1.29 Mn
2 Morgan Stanley 349.82 Bn 216.29 Bn - 427.97 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 642.14 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - 40.59 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 522.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 676.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 307.68 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 130.70 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 461.84 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 262.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 130.70 Mn
Dec 31, 2025 3.36 Mn
Sep 30, 2025 187.36 Mn
Jun 30, 2025 542.70 Mn
Mar 31, 2025 104.80 Mn
Dec 31, 2024 95.29 Mn
Sep 30, 2024 99.83 Mn
Jun 30, 2024 424.80 Mn
Mar 31, 2024 646.60 Mn
Dec 31, 2023 57.50 Mn
Sep 30, 2023 4.97 Mn
Jun 30, 2023 128.01 Mn
Mar 31, 2023 9.93 Mn
Dec 31, 2022 46.69 Mn
Sep 30, 2022 855,000.00
Jun 30, 2022 1.64 Mn
Mar 31, 2022 47.49 Mn
Dec 31, 2021 38.83 Mn
Sep 30, 2021 3.39 Mn
Jun 30, 2021 36.61 Mn