Operating Expenses

Professional fees

Tradeweb Markets Inc. Professional fees decreased by 19.4% to $12.32M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $12.46M to $12.32M. Over 4 years (FY 2021 to FY 2025), Professional fees shows an upward trend with a 10.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.

Detailed definition

Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...

Peer comparison

Standard operating expense line item found in the SG&A section of the income statement.

Metric ID: professional_fees

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$10.37M$8.90M$7.19M$7.86M$8.58M$9.40M$11.93M$11.18M$10.67M$10.48M$10.04M$11.80M$13.32M$21.43M$13.57M$12.46M$14.16M$11.48M$15.29M$12.32M
QoQ Change-14.2%-19.2%+9.3%+9.1%+9.6%+26.9%-6.3%-4.6%-1.8%-4.2%+17.5%+12.9%+60.9%-36.7%-8.2%+13.7%-18.9%+33.2%-19.4%
YoY Change-17.3%+5.7%+66.0%+42.2%+24.4%+11.5%-15.8%+5.6%+24.9%+104.5%+35.2%+5.6%+6.3%-46.4%+12.6%-1.1%
Range$7.19M$21.43M
CAGR+3.7%
Avg YoY Growth+16.5%
Median YoY Growth+8.9%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reportable Segment$12.46M$14.16M$11.48M$15.29M$12.32M
Total$12.46M$14.16M$11.48M$15.29M$12.32M

Frequently Asked Questions

What is Tradeweb Markets Inc.'s professional fees?
Tradeweb Markets Inc. (TW) reported professional fees of $12.32M in Q1 2026.
How has Tradeweb Markets Inc.'s professional fees changed year-over-year?
Tradeweb Markets Inc.'s professional fees decreased by 1.1% year-over-year, from $12.46M to $12.32M.
What is the long-term trend for Tradeweb Markets Inc.'s professional fees?
Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s professional fees has grown at a 10.2% compound annual growth rate (CAGR), from $36.18M to $53.39M.
What does professional fees mean?
The total cost of external legal, accounting, and consulting services.