Tradeweb Markets (TW) Receivables (2018 - 2026)
Tradeweb Markets (TW) recorded quarterly Receivables of $354.2 million in Q1 2026, up 33.1% quarter-over-quarter from $266.1 million in Q4 2025, and up 29.95% on a YoY basis from $272.6 million in Q1 2025.
Tradeweb Markets (TW) Receivables (2018 - 2026) Analysis & Trends
Tradeweb Markets' Receivables history runs 9 years deep, the most recent figure standing at $354.2 million for Q1 2026.
- In Q1 2026, Receivables rose 29.95% year-over-year to $354.2 million; the TTM figure through Mar 2026 stood at $354.2 million (up 29.95% YoY), while the FY2025 annual figure was $266.1 million, up 15.53% from the prior year.
- Receivables was $354.2 million for Q1 2026 at Tradeweb Markets, up from $266.1 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $354.2 million in Q1 2026 to a low of $145.4 million in Q4 2022.
- Historically, Receivables has averaged $213.8 million across 5 years, with a median of $195.1 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Receivables grew 3.86% in 2023, then surged 46.13% in 2024.
- A 5-year view of Receivables shows it stood at $145.4 million in 2022, then increased by 15.95% to $168.6 million in 2023, then soared by 36.63% to $230.4 million in 2024, then climbed by 15.53% to $266.1 million in 2025, then soared by 33.1% to $354.2 million in 2026.
- The last three Receivables figures came in at $354.2 million (Q1 2026), $266.1 million (Q4 2025), and $271.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | -445,794.07 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 18.12 Bn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 92.49 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 354.24 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 114.76 Mn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 72.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 354.24 Mn |
| Dec 31, 2025 | 266.15 Mn |
| Sep 30, 2025 | 271.79 Mn |
| Jun 30, 2025 | 265.56 Mn |
| Mar 31, 2025 | 272.61 Mn |
| Dec 31, 2024 | 230.36 Mn |
| Sep 30, 2024 | 248.71 Mn |
| Jun 30, 2024 | 236.06 Mn |
| Mar 31, 2024 | 195.14 Mn |
| Dec 31, 2023 | 168.60 Mn |
| Sep 30, 2023 | 170.20 Mn |
| Jun 30, 2023 | 167.66 Mn |
| Mar 31, 2023 | 171.34 Mn |
| Dec 31, 2022 | 145.40 Mn |
| Sep 30, 2022 | 150.30 Mn |
| Jun 30, 2022 | 155.43 Mn |
| Mar 31, 2022 | 164.97 Mn |
| Dec 31, 2021 | 130.21 Mn |
| Sep 30, 2021 | 133.53 Mn |
| Jun 30, 2021 | 141.90 Mn |