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

Tradeweb Markets has reported Research & Development over the past 8 years, most recently at $35.5 million for Q4 2025.

  • Quarterly results put Research & Development at $35.5 million for Q4 2025, up 23.64% from a year ago — trailing twelve months through Dec 2025 was $128.3 million (up 30.19% YoY), and the annual figure for FY2025 was $128.3 million, up 30.19%.
  • Research & Development for Q4 2025 was $35.5 million at Tradeweb Markets, up from $33.9 million in the prior quarter.
  • Over the last five years, Research & Development for TW hit a ceiling of $35.5 million in Q4 2025 and a floor of $13.5 million in Q1 2021.
  • Median Research & Development over the past 5 years was $19.2 million (2023), compared with a mean of $21.3 million.
  • Biggest five-year swings in Research & Development: grew 6.4% in 2021 and later skyrocketed 39.37% in 2025.
  • Tradeweb Markets' Research & Development stood at $13.9 million in 2021, then grew by 23.6% to $17.2 million in 2022, then increased by 24.8% to $21.5 million in 2023, then skyrocketed by 33.59% to $28.7 million in 2024, then grew by 23.64% to $35.5 million in 2025.
  • The last three reported values for Research & Development were $35.5 million (Q4 2025), $33.9 million (Q3 2025), and $30.2 million (Q2 2025) per Business Quant data.