Growth Metrics

Tradeweb Markets (TW) Research & Development (2018 - 2025)

Tradeweb Markets (TW) has 8 years of Research & Development data on record, last reported at $30.2 million in Q2 2025.

  • For Q2 2025, Research & Development rose 24.69% year-over-year to $30.2 million; the TTM value through Jun 2025 reached $104.5 million, up 20.4%, while the annual FY2025 figure was $128.3 million, 30.19% up from the prior year.
  • Research & Development reached $30.2 million in Q2 2025 per TW's latest filing, up from $28.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $30.2 million in Q2 2025 and bottomed at $13.5 million in Q1 2021.
  • Average Research & Development over 5 years is $20.9 million, with a median of $20.9 million recorded in 2023.
  • Peak YoY movement for Research & Development: increased 6.4% in 2021, then skyrocketed 34.81% in 2025.
  • A 5-year view of Research & Development shows it stood at $13.9 million in 2021, then increased by 13.16% to $15.8 million in 2022, then skyrocketed by 36.31% to $21.5 million in 2023, then rose by 12.67% to $24.2 million in 2024, then increased by 24.69% to $30.2 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $30.2 million in Q2 2025, $28.7 million in Q1 2025, and $24.2 million in Q2 2024.