Tradeweb Markets (TW) Retained Earnings (2019 - 2026)
Tradeweb Markets (TW) reported Retained Earnings of $1.69 billion for Q2 2026, up 35.2% from $1.25 billion a year earlier but down 2.2% from the prior quarter.
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Analysis
Tradeweb Markets (TW) Retained Earnings (2019 - 2026) Analysis & Trends
At the end of FY2025, Tradeweb Markets posted Retained Earnings of $1.6 billion, up 60.6% from FY2024.
- Retained Earnings has increased for six consecutive years, with a five-year compound annual growth rate of 59.3% (FY2020 to FY2025).
- By year, Retained Earnings came in at $996.76 million in FY2024 (+55.7%), $640.38 million in FY2023 (+65.6%), $386.63 million in FY2022 (+59.4%) and $242.62 million in FY2021 (+55.5%).
- Five-year quarterly Retained Earnings spans a low of $221.95 million in Q3 2021 and a high of $1.73 billion in Q1 2026.
- Year over year, Retained Earnings has now increased in each of the last 24 quarters, with growth averaging 52.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Retained Earnings ran from 26.0% in Q1 2022 to 91.1% in Q3 2021.
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.73 billion (Q1 2026), $1.6 billion (Q4 2025) and $1.41 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | -1.24 Bn |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 48.91 Bn |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 5.46 Bn |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 22.06 Bn |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 10.29 Bn |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | - |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 3.87 Bn |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 17.71 Bn |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 4.13 Bn |
| 10 | Tradeweb Markets | 23.59 Bn | 16.31 Bn | - | 1.69 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.69 Bn |
| Mar 31, 2026 | 1.73 Bn |
| Dec 31, 2025 | 1.60 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.25 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Dec 31, 2024 | 996.76 Mn |
| Sep 30, 2024 | 910.75 Mn |
| Jun 30, 2024 | 843.16 Mn |
| Mar 31, 2024 | 745.24 Mn |
| Dec 31, 2023 | 640.38 Mn |
| Sep 30, 2023 | 570.15 Mn |
| Jun 30, 2023 | 495.48 Mn |
| Mar 31, 2023 | 433.05 Mn |
| Dec 31, 2022 | 386.63 Mn |
| Sep 30, 2022 | 348.33 Mn |
| Jun 30, 2022 | 304.90 Mn |
| Mar 31, 2022 | 261.92 Mn |
| Dec 31, 2021 | 242.62 Mn |
| Sep 30, 2021 | 221.95 Mn |
API Access
Tradeweb Markets Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "TW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();