Growth Metrics

Tradeweb Markets (TW) Revenue (2018 - 2026)

Tradeweb Markets' quarterly Revenue came in at $617.8 million in Q1 2026, up 21.21% year-on-year from $509.7 million in Q1 2025, and up 18.53% quarter-over-quarter from $521.2 million in Q4 2025.

Tradeweb Markets has reported Revenue for 9 years, with the latest figure at $617.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Revenue rose 21.21% year-over-year to $617.8 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (up 18.26% YoY), and the FY2025 full-year result was $2.1 billion, up 18.92% from the prior year.
  • Revenue for Q1 2026 stood at $617.8 million, up from $521.2 million in the prior quarter.
  • The five-year high for Revenue was $617.8 million in Q1 2026, with the low at $287.1 million in Q3 2022.
  • Average Revenue over 5 years is $407.2 million, with a median of $405.0 million recorded in 2024.
  • Year-over-year, Revenue increased 4.53% in 2023 and jumped 36.72% in 2024.
  • Tracing TW's Revenue over 5 years: stood at $293.0 million in 2022, then grew by 26.26% to $370.0 million in 2023, then grew by 25.23% to $463.3 million in 2024, then advanced by 12.48% to $521.2 million in 2025, then grew by 18.53% to $617.8 million in 2026.
  • The last three Revenue figures came in at $617.8 million (Q1 2026), $521.2 million (Q4 2025), and $508.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 20.58 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 17.23 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 6.48 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 1.07 Bn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 1.67 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 41.63 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 4.94 Bn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 144.80 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 617.76 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn 71.02 Mn

Historic Data

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DateValue
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
Jun 30, 2021 260.84 Mn
Mar 31, 2021 273.40 Mn
Dec 31, 2020 233.08 Mn
Sep 30, 2020 212.87 Mn
Jun 30, 2020 212.11 Mn
Mar 31, 2020 234.61 Mn
Dec 31, 2019 197.31 Mn
Sep 30, 2019 200.98 Mn
Jun 30, 2019 190.49 Mn
Mar 31, 2019 186.79 Mn
Sep 30, 2018 92.58 Mn
Jun 30, 2018 2.70 Mn
Mar 31, 2018 27.88 Mn