Discontinued — last reported Q4 '18
Accumulated Amortization on Capitalized Software
Tradeweb Markets Inc. Accumulated Amortization on Capitalized Software increased by 31.1% to $387.05M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 31.1%, from $295.30M to $387.05M. Over 5 years (FY 2020 to FY 2025), Accumulated Amortization on Capitalized Software shows an upward trend with a 41.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates the aging of the company's software portfolio, while a stable ratio relative to gross capitalized software suggests consistent investment and replacement cycles.
Detailed definition
This represents the total cumulative expense recognized for software development costs that were capitalized as assets....
Peer comparison
Common across technology and fintech firms; peers with higher R&D intensity will show larger balances.
capitalized_software_accumulated_amortizationHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $114.47M | $166.65M | $222.46M | $295.30M | $387.05M |
| QoQ Change | — | +45.6% | +33.5% | +32.7% | +31.1% |
| YoY Change | — | +45.6% | +33.5% | +32.7% | +31.1% |
Accumulated Amortization on Capitalized Software at Other Companies
Frequently Asked Questions
- What is Tradeweb Markets Inc.'s accumulated amortization on capitalized software?
- Tradeweb Markets Inc. (TW) reported accumulated amortization on capitalized software of $387.05M in Q4 2025.
- How has Tradeweb Markets Inc.'s accumulated amortization on capitalized software changed year-over-year?
- Tradeweb Markets Inc.'s accumulated amortization on capitalized software increased by 31.1% year-over-year, from $295.30M to $387.05M.
- What is the long-term trend for Tradeweb Markets Inc.'s accumulated amortization on capitalized software?
- Over 5 years (2020 to 2025), Tradeweb Markets Inc.'s accumulated amortization on capitalized software has grown at a 41.9% compound annual growth rate (CAGR), from $67.35M to $387.05M.
- What does accumulated amortization on capitalized software mean?
- The total amount of software development costs already expensed over time.