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
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