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
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 |
| 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 |