Discontinued — last reported Q4 '23

Non-Current Assets

Capitalized Computer Software, Net

Tradeweb Markets Inc. Capitalized Computer Software, Net decreased by 59.8% to $264.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $288.37M to $264.11M. Over 5 years (FY 2020 to FY 2025), Capitalized Computer Software, Net shows an upward trend with a 22.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2023

How to read this metric

An increasing balance indicates a strong commitment to digital infrastructure, e-commerce capabilities, and operational automation.

Detailed definition

This represents the net book value of costs incurred to develop or purchase internal-use or external-use software. By ca...

Peer comparison

Modern retailers are increasingly showing higher capitalized software balances as they invest heavily in omnichannel and digital customer experiences.

Metric ID: capitalized_software_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$163.77M$160.25M$270.67M$152.24M$148.48M$144.69M$308.48M$138.48M$135.77M$134.28M$353.79M$155.01M$151.42M$305.09M$592.02M$288.37M$283.19M$278.01M$657.35M$264.11M
QoQ Change-2.1%+68.9%-43.8%-2.5%-2.6%+113.2%-55.1%-2.0%-1.1%+163.5%-56.2%-2.3%+101.5%+94.1%-51.3%-1.8%-1.8%+136.4%-59.8%
YoY Change-9.3%-9.7%+14.0%-9.0%-8.6%-7.2%+14.7%+11.9%+11.5%+127.2%+67.3%+86.0%+87.0%-8.9%+11.0%-8.4%
Range$134.28M$657.35M
CAGR+10.6%
Avg YoY Growth+23.1%
Median YoY Growth+11.3%

Frequently Asked Questions

What is Tradeweb Markets Inc.'s capitalized computer software, net?
Tradeweb Markets Inc. (TW) reported capitalized computer software, net of $264.11M in Q1 2026.
How has Tradeweb Markets Inc.'s capitalized computer software, net changed year-over-year?
Tradeweb Markets Inc.'s capitalized computer software, net decreased by 8.4% year-over-year, from $288.37M to $264.11M.
What is the long-term trend for Tradeweb Markets Inc.'s capitalized computer software, net?
Over 5 years (2020 to 2025), Tradeweb Markets Inc.'s capitalized computer software, net has grown at a 22.8% compound annual growth rate (CAGR), from $235.38M to $657.35M.
What does capitalized computer software, net mean?
The net value of software developed or purchased for internal business use.