Tradeweb Markets (TW) Shares Outstanding (Diluted Average) (2018 - 2026)
Tradeweb Markets' quarterly Shares Outstanding (Diluted Average) came in at $213.3 million in Q1 2026, down 0.73% year-on-year from $214.9 million in Q1 2025, and down 0.73% quarter-over-quarter from $214.9 million in Q4 2025.
Tradeweb Markets has reported Shares Outstanding (Diluted Average) for 9 years, with the latest figure at $213.3 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) fell 0.73% year-over-year to $213.3 million; the trailing twelve-month figure through Mar 2026 stood at $213.3 million (down 0.73% YoY), and the FY2025 full-year result was $214.9 million, changed 0.01% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $213.3 million, down from $214.9 million in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $215.1 million in Q3 2024, with the low at $207.4 million in Q2 2022.
- Average Shares Outstanding (Diluted Average) over 5 years is $212.6 million, with a median of $213.5 million recorded in 2023.
- Year-over-year, Shares Outstanding (Diluted Average) gained 2.79% in 2023 and dropped 0.73% in 2026.
- Tracing TW's Shares Outstanding (Diluted Average) over 5 years: stood at $208.4 million in 2022, then rose by 2.05% to $212.7 million in 2023, then rose by 1.06% to $214.9 million in 2024, then fell by 0.01% to $214.9 million in 2025, then fell by 0.73% to $213.3 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $213.3 million (Q1 2026), $214.9 million (Q4 2025), and $215.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.58 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 308.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 1.75 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 915.04 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 266.69 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 80.45 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 300.37 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 213.32 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 213.32 Mn |
| Dec 31, 2025 | 214.90 Mn |
| Sep 30, 2025 | 214.98 Mn |
| Jun 30, 2025 | 214.93 Mn |
| Mar 31, 2025 | 214.90 Mn |
| Dec 31, 2024 | 214.92 Mn |
| Sep 30, 2024 | 215.10 Mn |
| Jun 30, 2024 | 214.90 Mn |
| Mar 31, 2024 | 214.66 Mn |
| Dec 31, 2023 | 212.67 Mn |
| Sep 30, 2023 | 213.49 Mn |
| Jun 30, 2023 | 213.16 Mn |
| Mar 31, 2023 | 210.14 Mn |
| Dec 31, 2022 | 208.40 Mn |
| Sep 30, 2022 | 208.33 Mn |
| Jun 30, 2022 | 207.37 Mn |
| Mar 31, 2022 | 207.50 Mn |
| Dec 31, 2021 | 207.25 Mn |
| Sep 30, 2021 | 208.20 Mn |
| Jun 30, 2021 | 206.25 Mn |
| Mar 31, 2021 | 205.03 Mn |
| Dec 31, 2020 | 188.22 Mn |
| Sep 30, 2020 | 194.96 Mn |
| Jun 30, 2020 | 185.49 Mn |
| Mar 31, 2020 | 174.52 Mn |
| Dec 31, 2019 | 156.54 Mn |
| Sep 30, 2019 | 151.36 Mn |
| Jun 30, 2019 | 150.85 Mn |
| Mar 31, 2019 | 223.32 Mn |
| Dec 31, 2018 | 222.24 Mn |
| Sep 30, 2018 | 215.37 Mn |