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