Tradeweb Markets (TW) Revenue (2017 - 2025)

Tradeweb Markets (TW) recorded annual Revenue of $2.1 billion in FY2025, up 18.92% year-over-year from $1.7 billion in FY2024.

Tradeweb Markets (TW) Revenue (2017 - 2025) Analysis & Trends

Tradeweb Markets' Revenue history runs 9 years deep, the most recent figure standing at $2.1 billion for FY2025.

  • 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 $2.1 billion for FY2025 at Tradeweb Markets, up from $1.7 billion in the prior year.
  • In the past five years, Revenue ranged from a high of $2.1 billion in FY2025 to a low of $1.1 billion in FY2021.
  • Historically, Revenue has averaged $1.5 billion across 5 years, with a median of $1.3 billion in 2023.
  • The sharpest annual moves came in 2022 and 2024: Revenue climbed 10.44% in 2022, then advanced 28.97% in 2024.
  • A 5-year view of Revenue shows it stood at $1.1 billion in 2021, then grew by 10.44% to $1.2 billion in 2022, then increased by 12.57% to $1.3 billion in 2023, then increased by 28.97% to $1.7 billion in 2024, then rose by 18.92% to $2.1 billion in 2025.
  • The last three Revenue figures came in at $2.1 billion (FY2025), $1.7 billion (FY2024), and $1.3 billion (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Yr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - -
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn -
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 2.05 Bn
Dec 31, 2024 1.73 Bn
Dec 31, 2023 1.34 Bn
Dec 31, 2022 1.19 Bn
Dec 31, 2021 1.08 Bn
Dec 31, 2020 892.66 Mn
Dec 31, 2019 775.57 Mn
Dec 31, 2018 178.64 Mn
Dec 31, 2017 562.97 Mn