Tradeweb Markets revenue and financials

TW · NASDAQ · USD

$107.54+0.40%+$0.43

Close · October 6, 2026

In the fiscal year ended December 2025, Tradeweb Markets reported revenue of $2.05B (+18.92% year over year). Net income was $812.79M, a net margin of 39.6%.

Annual revenue · 2025: $2.05B
  1. $504.45M2017
  2. $775.57M2019
  3. $892.66M2020
  4. $1.08B2021
  5. $1.19B2022
  6. $1.34B2023
  7. $1.73B2024
  8. $2.05B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+18.92%
2025 vs 2024
Net income growth
+62.07%
2025 vs 2024
Net margin
39.6%
2024: 29.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets8,2518,2968,1907,9968,0567,3707,2687,3377,2857,3967,0606,505
Current assets2,4422,4812,4192,3372,507———————
Cash and equivalents2,0581,9372,0851,9081,6301,3061,3401,1741,7181,5451,7061,493
Receivables328485275363809———————
Net property, plant and equipment21020420119770.373.779.558.858.155.558.855.6
Goodwill3,1503,1503,1503,1503,1503,1503,1503,1502,8582,8582,8162,815
Other intangible assets1,3521,3861,4181,4581,4981,5381,5811,6231,1581,1901,1391,169
Long-term investments292296292—————————
Current liabilities5506815606701,096———————
Accounts payable18328218726768922516038450073340847.5
Total debt15014313913632.3———————
Total liabilities9139861,0001,0611,3308238691,0501,0771,3201,128693
Total equity (incl. minority)7,3387,3106,9356,9356,7266,5476,3996,2866,2076,0765,9315,812
Retained earnings1,6871,7261,6011,4081,2481,120997911843745640570
Minority interest704689681654629608599586577567558546