Tradeweb Markets (TW) Payables (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Payables of $175.2 million for Q2 2026, down 67.71% year-over-year from $542.7 million in Q2 2025, and up 15.57% quarter-over-quarter from $151.6 million in Q1 2026.
Tradeweb Markets (TW) Payables (2018 - 2026) Analysis & Trends
Tradeweb Markets' Payables history runs 9 years deep, the most recent figure standing at $175.2 million for Q2 2026.
- In Q2 2026, Payables fell 67.71% year-over-year to $175.2 million; the TTM figure through Jun 2026 stood at $175.2 million (down 67.71% YoY), while the FY2025 annual figure was $184.0 million, up 93.06% from the prior year.
- Payables for Q2 2026 stood at $175.2 million, up from $151.6 million in the prior quarter.
- The five-year high for Payables was $646.6 million in Q1 2024, with the low at $37.4 million in Q3 2022.
- The 5-year median for Payables is $139.8 million (2023), against an average of $199.5 million.
- The sharpest annual moves came in 2024 and 2025: Payables surged 1111.83% in 2024, then sank 81.11% in 2025.
- Tradeweb Markets' Payables stood at $46.7 million in 2022, then soared by 653.69% to $351.9 million in 2023, then sank by 72.92% to $95.3 million in 2024, then jumped by 93.06% to $184.0 million in 2025, then retreated by 4.74% to $175.2 million in 2026.
- Business Quant data shows TW's Payables at $175.2 million in Q2 2026, $151.6 million in Q1 2026, and $184.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 446.07 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 647.87 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 263.63 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 646.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 832.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 812.16 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 175.24 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 418.59 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 1.66 Bn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | 1.79 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 175.24 Mn |
| Mar 31, 2026 | 130.65 Mn |
| Dec 31, 2025 | 183.97 Mn |
| Sep 30, 2025 | 79.66 Mn |
| Jun 30, 2025 | 542.70 Mn |
| Mar 31, 2025 | 104.80 Mn |
| Dec 31, 2024 | 67.80 Mn |
| Sep 30, 2024 | 99.83 Mn |
| Jun 30, 2024 | 77.15 Mn |
| Mar 31, 2024 | 87.30 Mn |
| Dec 31, 2023 | 351.86 Mn |
| Sep 30, 2023 | 46.67 Mn |
| Jun 30, 2023 | 40.91 Mn |
| Mar 31, 2023 | 9.93 Mn |
| Dec 31, 2022 | 46.69 Mn |
| Sep 30, 2022 | 4.81 Mn |
| Jun 30, 2022 | 3.36 Mn |
| Mar 31, 2022 | 4.57 Mn |
| Dec 31, 2021 | 4.86 Mn |
| Sep 30, 2021 | 38.65 Mn |