Tradeweb Markets (TW) Tax Provisions (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Tax Provisions of $69.8 million for Q1 2026, up 30.93% year-over-year from $53.3 million in Q1 2025, and down 22.14% on a QoQ basis from $89.6 million in Q4 2025.
Tradeweb Markets (TW) Tax Provisions (2018 - 2026) Analysis & Trends
Tradeweb Markets (TW) has reported Tax Provisions for 9 consecutive years, with $69.8 million the latest figure, recorded in 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 came in at $69.8 million for Q1 2026 at Tradeweb Markets, down from $89.6 million in the prior quarter.
- The five-year high for Tax Provisions was $89.6 million in Q4 2025, with the low at $13.6 million in Q4 2022.
- Average Tax Provisions over 5 years is $42.0 million, with a median of $43.4 million recorded in 2024.
- Across the five-year window, Tax Provisions plunged 68.73% in 2022 and soared 176.05% in 2023, its largest moves.
- Year by year, Tax Provisions 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 slipped by 22.14% to $69.8 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $69.8 million, $89.6 million, and $59.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 65.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 128.18 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 69.76 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.40 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.26 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 9.06 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 |