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| Date | Value |
|---|---|
| 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 |