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
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