Tradeweb Markets (TW) Revenue (2018 - 2026)
Tradeweb Markets (TW) posted Revenue of $558.95 million for Q2 2026, up 9.0% from $512.97 million a year earlier but down 9.5% from the prior quarter.
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Analysis
Tradeweb Markets (TW) Revenue (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Revenue at Tradeweb Markets was $2.21 billion, up 14.0% year-over-year; for FY2025, it came in at $2.05 billion, up 18.9% from FY2024.
- Annual Revenue has increased for seven consecutive years, with a five-year compound annual growth rate of 18.1% (FY2020 to FY2025).
- In prior years, Tradeweb Markets' Revenue was $1.73 billion in FY2024 (+29.0%), $1.34 billion in FY2023 (+12.6%), $1.19 billion in FY2022 (+10.4%) and $1.08 billion in FY2021 (+20.6%).
- Quarterly Revenue has run from a low of $265.33 million in Q3 2021 to a high of $617.76 million in Q1 2026 over five years.
- On a year-over-year basis, Revenue has increased in each of the last 26 quarters, with growth averaging 21.2% over the last eight quarters.
- The year-over-year growth in Revenue has ranged between 4.5% (Q2 2023) and 36.7% (Q3 2024) over the last five years.
- According to Business Quant data, Revenue for the three prior quarters was $617.76 million (Q1 2026), $521.18 million (Q4 2025) and $508.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 1.31 Bn |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 5.67 Bn |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 1.71 Bn |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 3.61 Bn |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 2.53 Bn |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 4.05 Bn |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 1.90 Bn |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 1.35 Bn |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 1.44 Bn |
| 10 | Tradeweb Markets | 23.59 Bn | 16.31 Bn | - | 558.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 558.95 Mn |
| Mar 31, 2026 | 617.76 Mn |
| Dec 31, 2025 | 521.18 Mn |
| Sep 30, 2025 | 508.60 Mn |
| Jun 30, 2025 | 512.97 Mn |
| Mar 31, 2025 | 509.68 Mn |
| Dec 31, 2024 | 463.34 Mn |
| Sep 30, 2024 | 448.92 Mn |
| Jun 30, 2024 | 404.95 Mn |
| Mar 31, 2024 | 408.74 Mn |
| Dec 31, 2023 | 370.00 Mn |
| Sep 30, 2023 | 328.36 Mn |
| Jun 30, 2023 | 310.61 Mn |
| Mar 31, 2023 | 329.25 Mn |
| Dec 31, 2022 | 293.04 Mn |
| Sep 30, 2022 | 287.12 Mn |
| Jun 30, 2022 | 297.14 Mn |
| Mar 31, 2022 | 311.49 Mn |
| Dec 31, 2021 | 276.88 Mn |
| Sep 30, 2021 | 265.33 Mn |
API Access
Tradeweb Markets Revenue 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=revenue&ticker=TW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=TW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();