Tradeweb Markets (TW) Tax Provisions (2018 - 2026)

Tradeweb Markets (TW) recorded quarterly Tax Provisions of $69.8 million in Q1 2026, down 22.14% quarter-over-quarter from $89.6 million in Q4 2025, and up 30.93% on a YoY basis from $53.3 million in Q1 2025.

Tradeweb Markets (TW) Tax Provisions (2018 - 2026) Analysis & Trends

Tradeweb Markets' Tax Provisions history runs 9 years deep, the most recent figure standing at $69.8 million for Q1 2026.

  • In Q1 2026, Tax Provisions rose 30.93% year-over-year to $69.8 million; the TTM figure through Mar 2026 stood at $270.0 million (up 39.09% YoY), while the FY2025 annual figure was $253.5 million, up 37.43% from the prior year.
  • Tax Provisions was $69.8 million for Q1 2026 at Tradeweb Markets, down from $89.6 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $89.6 million in Q4 2025 to a low of $13.6 million in Q4 2022.
  • Historically, Tax Provisions has averaged $42.0 million across 5 years, with a median of $43.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Tax Provisions tumbled 68.73% in 2022, then soared 176.05% in 2023.
  • A 5-year view of Tax Provisions shows it stood at $13.6 million in 2022, then jumped by 176.05% to $37.6 million in 2023, then surged by 33.94% to $50.3 million in 2024, then surged by 78.09% to $89.6 million in 2025, then fell by 22.14% to $69.8 million in 2026.
  • The last three Tax Provisions figures came in at $69.8 million (Q1 2026), $89.6 million (Q4 2025), and $59.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.37 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 856.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - 709.00 Mn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 65.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 117.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 128.18 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 69.76 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -6.26 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 1.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 69.76 Mn
Dec 31, 2025 89.59 Mn
Sep 30, 2025 59.07 Mn
Jun 30, 2025 51.54 Mn
Mar 31, 2025 53.28 Mn
Dec 31, 2024 50.30 Mn
Sep 30, 2024 43.45 Mn
Jun 30, 2024 47.05 Mn
Mar 31, 2024 43.64 Mn
Dec 31, 2023 37.56 Mn
Sep 30, 2023 28.67 Mn
Jun 30, 2023 29.05 Mn
Mar 31, 2023 33.21 Mn
Dec 31, 2022 13.61 Mn
Sep 30, 2022 24.66 Mn
Jun 30, 2022 25.55 Mn
Mar 31, 2022 13.71 Mn
Dec 31, 2021 43.51 Mn
Sep 30, 2021 19.86 Mn
Jun 30, 2021 17.23 Mn