Growth Metrics

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

Tradeweb Markets has reported Research & Development over the past 9 years, most recently at $39.5 million for Q1 2026.

  • For Q1 2026, Research & Development rose 37.67% year-over-year to $39.5 million; the TTM value through Mar 2026 reached $139.1 million, up 31.29%, while the annual FY2025 figure was $128.3 million, 30.19% up from the prior year.
  • Research & Development for Q1 2026 was $39.5 million at Tradeweb Markets, up from $35.5 million in the prior quarter.
  • Over five years, Research & Development peaked at $39.5 million in Q1 2026 and troughed at $15.8 million in Q1 2022.
  • A 5-year average of $24.1 million and a median of $21.5 million in 2023 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: grew 11.35% in 2023 and later surged 39.37% in 2025.
  • Year by year, Research & Development stood at $17.2 million in 2022, then rose 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 rose by 11.34% to $39.5 million in 2026.
  • Business Quant data shows Research & Development for TW at $39.5 million in Q1 2026, $35.5 million in Q4 2025, and $33.9 million in Q3 2025.