Tradeweb Markets (TW) Profit After Tax (2018 - 2026)
Tradeweb Markets' Profit After Tax was $206.69 million in Q2 2026, up 17.8% from $175.52 million a year earlier but down 11.4% from the prior quarter.
Tradeweb Markets (TW) Profit After Tax (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tradeweb Markets' Profit After Tax was $1.02 billion through Jun 30, 2026, up 60.5% year-over-year; for FY2025, it was $921.5 million, up 61.7% from FY2024.
- Profit After Tax has now increased for seven consecutive years, with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- In earlier years, Profit After Tax was $569.96 million in FY2024 (+35.9%), $419.5 million in FY2023 (+16.7%), $359.61 million in FY2022 (+31.7%) and $273.11 million in FY2021 (+25.1%).
- Quarterly Profit After Tax has moved between $60.01 million (Q4 2021) and $367.12 million (Q4 2025) over five years.
- Compared with a year earlier, Profit After Tax has increased for 18 straight quarters, with growth averaging 45.5% over the last eight quarters.
- The best year-over-year quarter for Profit After Tax over five years was Q4 2025 (growth of 129.5%); the worst was Q4 2021 (a decline of 9.7%).
- Per Business Quant data, TW's Profit After Tax in the three quarters before Q2 2026 was $233.17 million (Q1 2026), $367.12 million (Q4 2025) and $210.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 573.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 1.79 Bn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 1.04 Bn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 975.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 507.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 1.08 Bn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 1.34 Bn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 792.20 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 353.10 Mn |
| 10 | Tradeweb Markets | 23.61 Bn | 16.33 Bn | - | 206.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 206.69 Mn |
| Mar 31, 2026 | 233.17 Mn |
| Dec 31, 2025 | 367.12 Mn |
| Sep 30, 2025 | 210.55 Mn |
| Jun 30, 2025 | 175.52 Mn |
| Mar 31, 2025 | 168.31 Mn |
| Dec 31, 2024 | 159.94 Mn |
| Sep 30, 2024 | 130.22 Mn |
| Jun 30, 2024 | 136.42 Mn |
| Mar 31, 2024 | 143.38 Mn |
| Dec 31, 2023 | 103.74 Mn |
| Sep 30, 2023 | 111.63 Mn |
| Jun 30, 2023 | 101.94 Mn |
| Mar 31, 2023 | 102.19 Mn |
| Dec 31, 2022 | 99.00 Mn |
| Sep 30, 2022 | 81.57 Mn |
| Jun 30, 2022 | 81.60 Mn |
| Mar 31, 2022 | 97.45 Mn |
| Dec 31, 2021 | 60.01 Mn |
| Sep 30, 2021 | 65.31 Mn |
Tradeweb Markets Profit After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=TW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();