Growth Metrics

Tradeweb Markets (TW) Shares Outstanding (2019 - 2026)

Tradeweb Markets' quarterly Shares Outstanding came in at $96.9 million in Q1 2026, up 438.52% year-on-year from $18.0 million in Q1 2025, and down 58.84% quarter-over-quarter from $235.5 million in Q4 2025.

Tradeweb Markets has reported Shares Outstanding for 8 years, with the latest figure at $96.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding rose 438.52% year-over-year to $96.9 million; the trailing twelve-month figure through Mar 2026 stood at $96.9 million (up 438.52% YoY), and the FY2025 full-year result was $235.5 million, up 103.05% from the prior year.
  • Shares Outstanding for Q1 2026 stood at $96.9 million, down from $235.5 million in the prior quarter.
  • The five-year high for Shares Outstanding was $234.7 million in Q2 2023, with the low at $5.1 million in Q4 2025.
  • Average Shares Outstanding over 5 years is $100.6 million, with a median of $111.4 million recorded in 2023.
  • Year-over-year, Shares Outstanding surged 6403.15% in 2022 and plunged 95.65% in 2025.
  • Tracing TW's Shares Outstanding over 5 years: stood at $110.7 million in 2022, then rose by 3.92% to $115.1 million in 2023, then increased by 0.77% to $116.0 million in 2024, then soared by 103.05% to $235.5 million in 2025, then tumbled by 58.84% to $96.9 million in 2026.
  • The last three Shares Outstanding figures came in at $96.9 million (Q1 2026), $235.5 million (Q4 2025), and $18.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 1.58 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 294.57 Mn
3 Schwab Charles 154.74 Bn 109.76 Bn - 2.07 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 901.22 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 445.47 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 233.55 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 136.81 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 340.98 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 116.04 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn 112.55 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 116.04 Mn
Mar 31, 2026 116.04 Mn
Mar 31, 2026 116.04 Mn
Mar 31, 2026 116.04 Mn
Mar 31, 2026 96.93 Mn
Mar 31, 2026 96.93 Mn
Mar 31, 2026 96.93 Mn
Mar 31, 2026 96.93 Mn
Dec 31, 2025 5.06 Mn
Dec 31, 2025 235.49 Mn
Dec 31, 2025 235.49 Mn
Dec 31, 2025 235.49 Mn
Dec 31, 2025 235.49 Mn
Dec 31, 2025 5.06 Mn
Dec 31, 2025 5.06 Mn
Dec 31, 2025 5.06 Mn
Sep 30, 2025 18.00 Mn
Sep 30, 2025 116.48 Mn
Sep 30, 2025 116.48 Mn
Sep 30, 2025 116.48 Mn
Sep 30, 2025 116.48 Mn
Sep 30, 2025 18.00 Mn
Sep 30, 2025 18.00 Mn
Sep 30, 2025 18.00 Mn
Jun 30, 2025 116.45 Mn
Jun 30, 2025 5.06 Mn
Jun 30, 2025 5.06 Mn
Jun 30, 2025 5.06 Mn
Jun 30, 2025 5.06 Mn
Jun 30, 2025 116.45 Mn
Jun 30, 2025 116.45 Mn
Jun 30, 2025 116.45 Mn
Mar 31, 2025 18.00 Mn
Mar 31, 2025 18.00 Mn
Mar 31, 2025 18.00 Mn
Mar 31, 2025 18.00 Mn
Mar 31, 2025 18.00 Mn
Mar 31, 2025 18.00 Mn
Mar 31, 2025 18.00 Mn
Mar 31, 2025 18.00 Mn
Dec 31, 2024 115.98 Mn
Dec 31, 2024 115.98 Mn
Dec 31, 2024 115.98 Mn
Dec 31, 2024 115.98 Mn
Dec 31, 2024 115.98 Mn
Dec 31, 2024 115.98 Mn
Dec 31, 2024 115.98 Mn
Dec 31, 2024 115.98 Mn
Sep 30, 2024 96.93 Mn
Sep 30, 2024 96.93 Mn
Sep 30, 2024 96.93 Mn
Sep 30, 2024 96.93 Mn
Sep 30, 2024 96.93 Mn
Sep 30, 2024 96.93 Mn
Sep 30, 2024 96.93 Mn
Sep 30, 2024 96.93 Mn
Jun 30, 2024 116.28 Mn
Jun 30, 2024 116.28 Mn
Jun 30, 2024 116.28 Mn
Jun 30, 2024 116.28 Mn
Jun 30, 2024 116.28 Mn
Jun 30, 2024 116.28 Mn
Jun 30, 2024 116.28 Mn
Jun 30, 2024 116.28 Mn
Mar 31, 2024 116.17 Mn
Mar 31, 2024 18.00 Mn
Mar 31, 2024 18.00 Mn
Mar 31, 2024 18.00 Mn
Mar 31, 2024 18.00 Mn
Mar 31, 2024 116.17 Mn
Mar 31, 2024 116.17 Mn
Mar 31, 2024 116.17 Mn
Dec 31, 2023 96.93 Mn
Dec 31, 2023 96.93 Mn
Dec 31, 2023 96.93 Mn
Dec 31, 2023 115.09 Mn
Dec 31, 2023 115.09 Mn
Dec 31, 2023 115.09 Mn
Dec 31, 2023 115.09 Mn
Dec 31, 2023 96.93 Mn
Sep 30, 2023 96.93 Mn
Sep 30, 2023 23.08 Mn
Sep 30, 2023 23.08 Mn
Sep 30, 2023 23.08 Mn
Sep 30, 2023 23.08 Mn
Sep 30, 2023 96.93 Mn
Sep 30, 2023 96.93 Mn
Sep 30, 2023 96.93 Mn
Jun 30, 2023 96.93 Mn
Jun 30, 2023 234.68 Mn
Jun 30, 2023 234.68 Mn
Jun 30, 2023 96.93 Mn
Jun 30, 2023 234.68 Mn
Jun 30, 2023 234.68 Mn
Jun 30, 2023 96.93 Mn
Jun 30, 2023 96.93 Mn
Mar 31, 2023 111.43 Mn
Mar 31, 2023 111.43 Mn
Mar 31, 2023 111.43 Mn
Mar 31, 2023 111.43 Mn
Mar 31, 2023 111.43 Mn
Mar 31, 2023 111.43 Mn
Mar 31, 2023 111.43 Mn
Mar 31, 2023 111.43 Mn
Dec 31, 2022 110.75 Mn
Dec 31, 2022 234.02 Mn
Dec 31, 2022 234.02 Mn
Dec 31, 2022 234.02 Mn
Dec 31, 2022 234.02 Mn
Dec 31, 2022 110.75 Mn
Dec 31, 2022 110.75 Mn
Dec 31, 2022 110.75 Mn
Sep 30, 2022 96.93 Mn
Sep 30, 2022 96.93 Mn
Sep 30, 2022 96.93 Mn
Sep 30, 2022 96.93 Mn
Sep 30, 2022 234.53 Mn
Sep 30, 2022 234.53 Mn
Sep 30, 2022 234.53 Mn
Sep 30, 2022 234.53 Mn
Jun 30, 2022 107.62 Mn
Jun 30, 2022 28.32 Mn
Jun 30, 2022 28.32 Mn
Jun 30, 2022 28.32 Mn
Jun 30, 2022 28.32 Mn
Jun 30, 2022 107.62 Mn
Jun 30, 2022 107.62 Mn
Jun 30, 2022 107.62 Mn
Mar 31, 2022 28.32 Mn
Mar 31, 2022 96.93 Mn
Mar 31, 2022 96.93 Mn
Mar 31, 2022 96.93 Mn
Mar 31, 2022 96.93 Mn
Mar 31, 2022 28.32 Mn
Mar 31, 2022 28.32 Mn
Mar 31, 2022 28.32 Mn
Dec 31, 2021 96.93 Mn
Dec 31, 2021 28.87 Mn
Dec 31, 2021 28.87 Mn
Dec 31, 2021 28.87 Mn
Dec 31, 2021 28.87 Mn
Dec 31, 2021 96.93 Mn
Dec 31, 2021 96.93 Mn
Dec 31, 2021 96.93 Mn
Sep 30, 2021 28.88 Mn
Sep 30, 2021 105.26 Mn
Sep 30, 2021 105.26 Mn
Sep 30, 2021 105.26 Mn
Sep 30, 2021 105.26 Mn
Sep 30, 2021 28.88 Mn
Sep 30, 2021 28.88 Mn
Sep 30, 2021 28.88 Mn
Jun 30, 2021 1.65 Mn
Jun 30, 2021 28.88 Mn
Jun 30, 2021 28.88 Mn
Jun 30, 2021 28.88 Mn
Jun 30, 2021 1.65 Mn
Jun 30, 2021 28.88 Mn
Jun 30, 2021 1.65 Mn
Jun 30, 2021 1.65 Mn
Mar 31, 2021 96.93 Mn
Mar 31, 2021 96.93 Mn
Mar 31, 2021 96.93 Mn
Mar 31, 2021 96.93 Mn
Mar 31, 2021 96.93 Mn
Mar 31, 2021 96.93 Mn
Mar 31, 2021 96.93 Mn
Mar 31, 2021 96.93 Mn
Dec 31, 2020 30.87 Mn
Dec 31, 2020 30.87 Mn
Dec 31, 2020 96.93 Mn
Dec 31, 2020 96.93 Mn
Dec 31, 2020 96.93 Mn
Dec 31, 2020 96.93 Mn
Dec 31, 2020 30.87 Mn
Dec 31, 2020 30.87 Mn
Sep 30, 2020 5.11 Mn
Sep 30, 2020 5.11 Mn
Sep 30, 2020 96.93 Mn
Sep 30, 2020 96.93 Mn
Sep 30, 2020 96.93 Mn
Sep 30, 2020 96.93 Mn
Sep 30, 2020 5.11 Mn
Sep 30, 2020 5.11 Mn
Jun 30, 2020 90.64 Mn
Jun 30, 2020 96.93 Mn
Jun 30, 2020 96.93 Mn
Jun 30, 2020 96.93 Mn
Jun 30, 2020 90.64 Mn
Jun 30, 2020 90.64 Mn
Jun 30, 2020 90.64 Mn
Jun 30, 2020 96.93 Mn
Mar 31, 2020 96.93 Mn
Mar 31, 2020 70.67 Mn
Mar 31, 2020 70.67 Mn
Mar 31, 2020 70.67 Mn
Mar 31, 2020 96.93 Mn
Mar 31, 2020 96.93 Mn
Mar 31, 2020 96.93 Mn
Mar 31, 2020 70.67 Mn
Dec 31, 2019 8.33 Mn
Dec 31, 2019 96.93 Mn
Dec 31, 2019 96.93 Mn
Dec 31, 2019 96.93 Mn
Dec 31, 2019 96.93 Mn
Dec 31, 2019 8.33 Mn
Dec 31, 2019 8.33 Mn
Dec 31, 2019 8.33 Mn
Sep 30, 2019 69.28 Mn
Sep 30, 2019 69.28 Mn
Sep 30, 2019 69.28 Mn
Sep 30, 2019 69.28 Mn
Sep 30, 2019 69.28 Mn
Sep 30, 2019 69.28 Mn
Sep 30, 2019 69.28 Mn
Sep 30, 2019 69.28 Mn
Jun 30, 2019 46.00 Mn
Jun 30, 2019 46.00 Mn
Jun 30, 2019 46.00 Mn
Jun 30, 2019 46.00 Mn
Jun 30, 2019 46.00 Mn
Jun 30, 2019 46.00 Mn
Jun 30, 2019 46.00 Mn
Jun 30, 2019 46.00 Mn