Tradeweb Markets Inc. Class A Common Stock (TW) Financial Statements
Historical financial data — 29 statements covering FY2019–FY2025
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the comp...
Tradeweb Markets Inc. Class A Common Stock's revenue increased 18.9% year over year, from $1.73B to $2.05B.
Net income increased 62.1% over the same period, from $501.5M to $812.8M.
Over the 6-year period from FY2019 to FY2025, revenue grew by 165% in total.
Operating cash flow grew 30.1% to $1.17B.
Tradeweb Markets Inc. Class A Common Stock maintains a strong net profit margin of 39.6%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q2 FY2024 | $405.0M-0.9% | $119.2M | $162.5M | $162.5M | $285.7M | $7.28B | N/A | $5.63B |
| Q3 FY2024 | $448.9M+10.9% | $113.9M | $159.3M | $159.3M | $292.1M | $7.34B | N/A | $5.70B |
| Q4 FY2024 | $463.3M+3.2% | $142.2M | $188.5M | $188.5M | $282.0M | $7.27B | N/A | $5.80B |
| Q1 FY2025 | $509.7M+10.0% | $148.4M | $204.1M | $204.1M | $60.2M | $7.37B | N/A | $5.94B |
| Q2 FY2025 | $513.0M+0.6% | $153.8M | $199.9M | $199.9M | $409.2M | $8.06B | N/A | $6.10B |
| Q3 FY2025 | $508.6M-0.9% | $185.6M | $210.4M | $210.4M | $342.3M | $8.00B | N/A | $6.28B |
| Q4 FY2025 | $521.2M+2.5% | $325.0M | $221.0M | $221.0M | $355.9M | $8.19B | N/A | $6.51B |
| Q1 FY2026 | $617.8M+18.5% | $205.3M | $287.3M | $287.3M | $103.8M | $8.30B | N/A | $6.62B |
Balance Sheet Summary (Latest Period)
Tradeweb Markets Inc. Class A Common Stock (TW) Financial Statements & Revenue History
Tradeweb Markets Inc. Class A Common Stock (TW) is a US-listed stock operating in the Financial Services sector, specifically the Security & Commodity Brokers, Dealers, Exchanges & Services industry trading at $101.19 with a market capitalization of $21. This page provides 29 historical financial statements for Tradeweb Markets Inc. Class A Common Stock, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Tradeweb Markets Inc. Class A Common Stock reported revenue of $2.1 billion, representing 18.9% year-over-year growth. The net profit margin of 39.6% reflects strong profitability..
TW Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Tradeweb Markets Inc. Class A Common Stock's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether TW is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track TW's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Tradeweb Markets Inc. Class A Common Stock converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of TW's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use TW Financial Data
Investors use Tradeweb Markets Inc. Class A Common Stock's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare TW's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how TW's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View TW's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Tradeweb Markets Inc. Class A Common Stock's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.TW trades on NYSE. This page is for informational purposes only and is not financial advice.