Tradeweb Markets (TW) Research & Development (2018 - 2026)

Tradeweb Markets' Research & Development history runs 9 years deep, the most recent figure standing at $42.0 million for Q2 2026.

• In Q2 2026, Research & Development rose 38.94% year-over-year to $42.0 million; the TTM figure through Jun 2026 stood at $150.9 million (up 34.78% YoY), while the FY2025 annual figure was $128.3 million, up 30.19% from the prior year.
• Research & Development for Q2 2026 stood at $42.0 million, up from $39.5 million in the prior quarter.
• The five-year high for Research & Development was $42.0 million in Q2 2026, with the low at $15.8 million in Q1 2022.
• The 5-year median for Research & Development is $22.9 million (2023), against an average of $25.1 million.
• The sharpest annual moves came in 2023 and 2025: Research & Development rose 11.35% in 2023, then jumped 39.37% in 2025.
• Tradeweb Markets' Research & Development stood at $17.2 million in 2022, then climbed by 24.8% to $21.5 million in 2023, then surged by 33.59% to $28.7 million in 2024, then increased by 23.64% to $35.5 million in 2025, then advanced by 18.18% to $42.0 million in 2026.
• Business Quant data shows TW's Research & Development at $42.0 million in Q2 2026, $39.5 million in Q1 2026, and $35.5 million in Q4 2025.