Tradeweb Markets (TW) Revenue (2018 - 2026)
Tradeweb Markets (TW) recorded quarterly Revenue of $617.8 million in Q1 2026, up 18.53% quarter-over-quarter from $521.2 million in Q4 2025, and up 21.21% on a YoY basis from $509.7 million in Q1 2025.
Tradeweb Markets (TW) Revenue (2018 - 2026) Analysis & Trends
Tradeweb Markets' Revenue history runs 9 years deep, the most recent figure standing at $617.8 million for Q1 2026.
- In Q1 2026, Revenue rose 21.21% year-over-year to $617.8 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 18.26% YoY), while the FY2025 annual figure was $2.1 billion, up 18.92% from the prior year.
- Revenue was $617.8 million for Q1 2026 at Tradeweb Markets, up from $521.2 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $617.8 million in Q1 2026 to a low of $287.1 million in Q3 2022.
- Historically, Revenue has averaged $407.2 million across 5 years, with a median of $405.0 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Revenue climbed 4.53% in 2023, then surged 36.72% in 2024.
- A 5-year view of Revenue shows it stood at $293.0 million in 2022, then climbed by 26.26% to $370.0 million in 2023, then climbed by 25.23% to $463.3 million in 2024, then gained by 12.48% to $521.2 million in 2025, then climbed 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 20.58 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 17.23 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 6.48 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 1.07 Bn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 1.67 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 4.94 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 617.76 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 144.80 Mn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 41.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |