Tradeweb Markets (TW) reported $2.1B in revenue for fiscal 2025, +18.9% year on year. That ranks #1324 by revenue among 2853 SEC filers and #145 in Financials. Net income was $813M, a net margin of 39.6%. Revenue has grown 17.6% a year on average since 2017 ($563M then). The fiscal 2025 balance sheet shows $8.2B in total assets and $2.1B in cash.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $2.1B | +18.9% | FY20252025-12-31 |
| Gross profit | Not reported | — | |
| Operating incomeOperatingIncomeLoss | $835M | +23.2% | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $813M | +62.1% | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $1.2B | +30.1% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $40.6M | −1.0% | FY20252025-12-31 |
| Total assetsAssets | $8.2B | +12.7% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $6.5B | +12.2% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $2.1B | +55.5% | FY20252025-12-31 |
| Long-term debt | Not reported | — |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $618M | $205M | Open → |
| Q2 20262026-06-30 | $559M | $181M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 14 of 191 companies compared | 39.6% | |
| Operating marginRank 18 of 174 companies compared | 40.7% | |
| Cash as share of revenueRank 31 of 186 companies compared | 101.6% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Tradeweb Markets Inc.
- Ticker
- TW
- Exchange
- Nasdaq
- SIC classification
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- Fiscal year end
- 12-31
- CIK
- 0001758730
Filings
- 10-QJul 30, 2026Open filing →
- 10-QApr 29, 2026Open filing →
- 10-KFeb 5, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| Chime FinancialCHYM | $2.2B | −$1.0B |
| Green DotGDOT | $2.1B | −$98.9M |
| Affiliated ManagersAMG | $2.1B | $717M |
| Tradeweb MarketsTW | $2.1B | $813M |
| Marex GroupMRX | $2.0B | $294M |
| Stepstone GroupSTEP | $2.0B | −$743M |
| Atlanticus HoldingsATLCP | $2.0B | $121M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Tradeweb Markets — Key figures |url=https://companiesranked.com/en/company/tradeweb-markets |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Tradeweb Markets — Key figures. CompaniesRanked. https://companiesranked.com/en/company/tradeweb-marketsBibTeX
@misc{companiesranked-en-company-tradeweb-markets-2026,
author = {{CompaniesRanked}},
title = {{Tradeweb Markets — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/tradeweb-markets}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001758730-26-000015 · February 5, 2026
{{cite web |title=Tradeweb Markets — Key figures — 10-K (0001758730-26-000015) |url=https://www.sec.gov/Archives/edgar/data/1758730/000175873026000015/tw-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-05}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.