Tradeweb Markets Inc. Contract with Customer, Liability increased by 86.8% to $54.24M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $46.98M to $54.24M. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 4.6% CAGR.
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
other_contract_with_customer_liability| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.05M | $29.78M | $24.93M | $27.67M | $23.86M | $28.57M | $22.83M | $30.58M | $27.41M | $31.40M | $25.75M | $27.49M | $28.17M | $29.58M | $30.80M | $46.98M | $40.61M | $36.27M | $29.03M | $54.24M |
| QoQ Change | — | +6.2% | -16.3% | +11.0% | -13.8% | +19.7% | -20.1% | +34.0% | -10.4% | +14.6% | -18.0% | +6.8% | +2.5% | +5.0% | +4.1% | +52.5% | -13.6% | -10.7% | -20.0% | +86.8% |
| YoY Change | — | — | — | — | -14.9% | -4.1% | -8.4% | +10.5% | +14.9% | +9.9% | +12.8% | -10.1% | +2.8% | -5.8% | +19.6% | +70.9% | +44.2% | +22.6% | -5.7% | +15.5% |