Tradeweb Markets Inc. Business Segments — Labor and Related Expense increased by 24.2% to $197.79M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $176.88M to $197.79M. Over 3 years (FY 2022 to FY 2025), Business Segments — Labor and Related Expense shows an upward trend with a 15.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal investment in talent or headcount growth, while a decrease could indicate cost-cutting or efficiency gains.
Includes all salaries, bonuses, equity-based compensation, and benefits provided to employees directly supporting the re...
Comparable to personnel expenses or compensation and benefits reported by peer financial technology firms.
tw_segment_reportable_segment_labor_and_related_expense| 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 | $108.11M | $108.11M | $108.11M | $108.11M | $115.08M | $115.08M | $115.08M | $115.08M | $143.09M | $137.24M | $160.16M | $152.21M | $176.88M | $169.69M | $164.99M | $159.27M | $197.79M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.4% | +0.0% | +0.0% | +0.0% | +24.3% | -4.1% | +16.7% | -5.0% | +16.2% | -4.1% | -2.8% | -3.5% | +24.2% |
| YoY Change | — | — | — | — | +6.4% | +6.4% | +6.4% | +6.4% | +24.3% | +19.3% | +39.2% | +32.3% | +23.6% | +23.7% | +3.0% | +4.6% | +11.8% |