TWNasdaqSecurity & Commodity Brokers, Dealers, Exchanges & ServicesFiscal year ends December 31
Tradeweb Markets Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$114.70+1.21 (+1.07%)
Close on Oct 19, 2026
- Market cap
- $24.41B
- P/E (TTM)
- 27.4
- Dividend yield
- 0.42%
Tradeweb Markets Inc. revenue by segment
By business segment
By product or service
| Revenue | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Transaction fees and commissions | $1.84B | $1.80B | $1.70B | $1.66B | $1.61B | $1.51B | $1.42B | $1.34B | $1.23B | $1.15B | $1.08B | $1.01B | 83.3% | +14.3% |
| Subscription fees | $242.85M | $238.51M | $234.02M | $229.03M | $219.40M | $212.76M | $206.66M | $199.12M | $194.28M | $189.28M | $183.97M | $178.07M | 11.0% | +10.7% |
| LSEG market data fees | $96.94M | $91.01M | $93.20M | $90.58M | $90.56M | $90.57M | $82.15M | $79.41M | $74.36M | $69.24M | $64.34M | $62.88M | 4.4% | +7.0% |
| Other | $28.22M | $28.07M | $24.79M | $18.44M | $16.22M | $14.12M | $13.60M | $12.85M | $12.20M | $11.99M | $11.57M | $10.99M | 1.3% | +74.0% |
By region
| Revenue | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.26B | $1.24B | $1.19B | $1.17B | $1.15B | $1.10B | $1.06B | $1.02B | $946.96M | $895.73M | $850.34M | $812.57M | 56.9% | +9.2% |
| International | $950.59M | $920.68M | $858.37M | $826.72M | $784.77M | $722.41M | $665.25M | $613.78M | $565.09M | $521.98M | $487.88M | $448.70M | 43.1% | +21.1% |
From the segment and revenue-disaggregation notes of Tradeweb Markets's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.