Tradeweb Markets (TW) Income After Tax (2018 - 2026)
Tradeweb Markets' Income 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.
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Analysis
Tradeweb Markets (TW) Income After Tax (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tradeweb Markets' Income 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.
- Income After Tax has now increased for six consecutive years, with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- In earlier years, Income 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 Income After Tax has moved between $60.01 million (Q4 2021) and $367.12 million (Q4 2025) over five years.
- Compared with a year earlier, Income 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 Income 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 Income 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.01 Bn | 97.34 Bn | - | 1.04 Bn |
| 2 | Bank of New York Mellon | 103.45 Bn | 37.08 Bn | - | 1.69 Bn |
| 3 | Intercontinental Exchange | 98.42 Bn | 91.31 Bn | - | 956.00 Mn |
| 4 | Robinhood Markets | 75.59 Bn | 55.13 Bn | - | 476.00 Mn |
| 5 | Nasdaq | 60.85 Bn | 58.29 Bn | 1.48 Bn | 539.00 Mn |
| 6 | State Street | 47.17 Bn | 47.17 Bn | - | 1.09 Bn |
| 7 | Cboe Global Markets | 37.22 Bn | 27.70 Bn | 712.20 Mn | 428.20 Mn |
| 8 | Interactive Brokers | 35.39 Bn | 11.70 Bn | - | 1.35 Bn |
| 9 | Northern Trust | 32.34 Bn | 32.34 Bn | - | 642.90 Mn |
| 10 | Tradeweb Markets | 26.96 Bn | 18.76 Bn | - | 224.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 224.91 Mn |
| 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 |
API Access
Tradeweb Markets Income 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_KEYimport 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();