What are Tradeweb Markets Inc.'s total assets?

Tradeweb Markets Inc. (TW) holds $8.3B in total assets, up 12.6% year over year.

How much debt does Tradeweb Markets Inc. have?

Tradeweb Markets Inc. carries $142.8M in total debt against $6.6B of shareholders' equity, a debt-to-equity ratio of 0.02.

How much cash does Tradeweb Markets Inc. have?

Tradeweb Markets Inc. holds $1.9B in cash and equivalents.

Where does Tradeweb Markets Inc.'s balance sheet data come from?

Every line is extracted from Tradeweb Markets Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Tradeweb Markets Inc. TW Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$1.94B-7.1%	$2.09B+9.3%	$1.91B+17.0%	$1.63B+24.8%	$1.31B-2.5%
Restricted cash	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Derivative assets	$2.98M—	——	——	——	——
Property and equipment, net	$79.41M+1.6%	$78.19M+4.1%	$75.1M+84.6%	$40.68M-7.2%	$43.84M-4.6%
Accumulated depreciation	$828.8M+3.6%	$799.7M+3.8%	$770.6M+4.7%	$736M+4.9%	$701.4M+5.2%
Operating lease right-of-use assets	$124.43M+1.1%	$123.07M+1.0%	$121.82M+311%	$29.64M-0.6%	$29.81M+60,842,857,043%
Goodwill	$3.15B0.0%	$3.15B0.0%	$3.15B0.0%	$3.15B0.0%	$3.15B0.0%
Intangible assets, net	$1.12B-2.5%	$1.15B-2.5%	$1.18B-2.9%	$1.21B-2.8%	$1.25B+30.1%
Deferred tax assets	$50.96M+1.9%	$50.01M+13.5%	$44.07M+2.8%	$42.86M+0.3%	$42.74M+1,750%
Other non-current assets	$198.48M+41.5%	$140.25M-34.8%	$215.12M+18.1%	$182.17M+37.0%	$132.95M+38.2%
Equity method investments	$24.1M-46.2%	$44.8M+796%	$5M-84.6%	$32.4M+82.0%	$17.8M0.0%
Long-term investments	$296.16M+1.4%	$292M—	——	——	——
Gross loans	——	$24.41M—	——	——	——
Allowance for credit losses	$0—	$0—	$0—	$0—	——
Equity securities	$26.59M—	——	——	——	——
Total assets	$8.3B+1.3%	$8.19B+2.4%	$8B-0.7%	$8.06B+9.3%	$7.37B+1.4%
Accounts payable	$151.63M-17.6%	$183.97M-1.8%	$187.36M+27.6%	$146.78M+20.2%	$122.13M+28.2%
Accrued expenses	——	$200K—	——	——	——
Accrued compensation	$110.9M-55.8%	$251.17M+19.0%	$211M+33.2%	$158.39M+53.1%	$103.49M-53.6%
Operating lease liabilities, current	$142.83M+2.6%	$139.17M+2.6%	$135.63M+320%	$32.32M+0.2%	$32.27M-9.7%
Contract liabilities	$54.24M+86.8%	$29.03M-20.0%	$36.27M-10.7%	$40.61M-13.6%	$46.98M+52.5%
Deferred tax liabilities	——	$22.61M—	——	——	——
Operating Lease Liabilities (Total)	$142.83M+2.6%	$139.17M+2.6%	$135.63M+320%	$32.32M+0.2%	$32.27M-9.7%
Other non-current liabilities	$9.11M+28.4%	$7.09M-54.5%	$15.6M+6.2%	$14.69M+2,458%	$574K-24.8%
Total liabilities	$986.11M+14,713%	$6.66M-99.4%	$1.06B-20.2%	$1.33B+61.6%	$822.76M-5.3%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Additional paid-in capital	$4.89B-0.2%	$4.9B+0.6%	$4.87B+0.5%	$4.84B+0.5%	$4.82B+0.2%
Retained earnings	$1.73B+7.8%	$1.6B+13.7%	$1.41B+12.8%	$1.25B+11.4%	$1.12B+12.3%
Accumulated other comprehensive income (loss)	$7.93M-27.2%	$10.9M+40.7%	$7.75M+10.2%	$7.03M+488%	-$1.81M+81.9%
Noncontrolling interests	$689.38M+1.2%	$681.48M+4.2%	$654.27M+4.1%	$628.51M+3.3%	$608.29M+1.6%
Total stockholders' equity	$6.62B+1.7%	$6.51B+3.6%	$6.28B+3.0%	$6.1B+2.7%	$5.94B+2.4%
Total liabilities and stockholders' equity	$8.3B+1.3%	$8.19B+2.4%	$8B-0.7%	$8.06B+9.3%	$7.37B+1.4%
Available-for-Sale Debt Securities - Amortized Cost	$11M+0.9%	$10.9M+1.9%	$10.7M+0.9%	$10.6M+1.0%	$10.5M+1.0%
Allowance for Doubtful Accounts	$366K-37.6%	$587K+97.0%	$298K+0.3%	$297K+3.1%	$288K-35.6%
Allowance for Doubtful Accounts Receivable (Current)	$366K-37.6%	$587K+97.0%	$298K+0.3%	$297K+3.1%	$288K-35.6%
Cash, Cash Equivalents, and Marketable Securities	$26.08M+4.9%	$24.86M+23.1%	$20.2M+42.9%	$14.13M+3.7%	$13.63M+31.6%
Deposits with clearing organizations	$57.35M-1.6%	$58.28M-10.2%	$64.94M-3.0%	$66.93M-34.4%	$102.05M+86.6%
Digital Assets	$243.5M+0.3%	$242.73M+335%	$55.76M+121%	$25.2M+369%	$5.38M+531%
Other Receivables	$3.23M-61.1%	$8.3M+1,418%	$547K-25.7%	$736K-33.1%	$1.1M-86.4%
Accumulated Amortization on Capitalized Software	——	$387.05M—	——	——	——
Capitalized Computer Software, Net	$264.11M-59.8%	$657.35M+136%	$278.01M-1.8%	$283.19M-1.8%	$288.37M-51.3%
Deferred Tax Assets and Other Non-Current Assets	——	$614K—	——	——	——
Deferred Tax Assets - Investments	——	$414.97M—	——	——	——
Deferred Tax Assets - Tax Credit Carryforwards	——	$5.87M—	——	——	——
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments	$22.7M-49.3%	$44.8M—	——	$32.4M+82.0%	$17.8M0.0%
Equity Securities Without Readily Determinable Fair Value - Cumulative Impairment Loss	$22.7M—	——	——	——	——
Equity Securities Without Readily Determinable Fair Value - Cumulative Upward Adjustments	$4.3M—	——	——	——	——
Investments - Amortized Cost Basis	$11M-75.4%	$44.8M+319%	$10.7M-67.0%	$32.4M+82.0%	$17.8M0.0%
Net Investment in Lease	$124.43M+1.1%	$123.07M+1.0%	$121.82M+311%	$29.64M-0.6%	$29.81M-11.1%
Capitalized software licenses	$264.11M-2.3%	$270.3M-2.8%	$278.01M-1.8%	$283.19M-1.8%	$288.37M-2.8%
Crypto Asset, Fair Value	$243.5M+0.3%	$242.73M+335%	$55.76M+121%	$25.2M+369%	$5.38M+531%
Deferred tax assets	$582.98M+2.5%	$568.83M-11.3%	$641.4M-1.6%	$651.84M-1.3%	$660.72M+0.2%
Other intangible assets—net	$1.12B-2.5%	$1.15B-2.5%	$1.18B-2.9%	$1.21B-2.8%	$1.25B-2.7%
Investments	$296.16M+1.4%	$292M—	——	——	——
Operating lease right-of-use assets	$124.43M+1.1%	$123.07M+1.0%	$121.82M+311%	$29.64M-0.6%	$29.81M-11.1%
Other Assets	$198.48M+41.5%	$140.25M-34.8%	$215.12M+18.1%	$182.17M+37.0%	$132.95M+38.2%
Operating Lease Right-of-Use Assets in Other Assets	$124.43M+1.1%	$123.07M+1.0%	$121.82M+311%	$29.64M-0.6%	$29.81M-11.1%
Software and Technology Licenses, Net	$264.11M-59.8%	$657.35M+136%	$278.01M-1.8%	$283.19M-1.8%	$288.37M-51.3%
Tax Credit Carryforward Valuation Allowance	——	$3.02M—	——	——	——
Derivative Liabilities - Fair Value	——	$6.66M-42.8%	$11.63M-6.0%	$12.38M+2,072%	$570K—
Lease Liability Payments - 2020 (Remaining Three Months)	$15.95M—	——	$3.15M-50.9%	$6.41M-30.8%	$9.27M—
Operating Lease Liability Payments - 2024 (Lessee)	$17.72M-20.7%	$22.35M+7.5%	$20.79M+106%	$10.1M+11.1%	$9.09M-5.0%
Operating Lease Liability Payments - 2025 (Lessee)	$10.08M-28.8%	$14.16M+6.8%	$13.26M+286%	$3.44M+2.4%	$3.36M-7.4%
Lease Liability Payments - Due Year Two	$17.72M-20.7%	$22.35M+7.5%	$20.79M+106%	$10.1M+11.1%	$9.09M-5.0%
Lease Liability Payments - Due Year Three	$15.54M-3.1%	$16.04M+11.0%	$14.45M+246%	$4.17M+13.9%	$3.66M-59.3%
Lease Liability Payments - Due Year Four	$10.08M-28.8%	$14.16M+6.8%	$13.26M+286%	$3.44M+2.4%	$3.36M-7.4%
Lease Liability Payments - Remainder of Fiscal Year	$23.94M+31.0%	$18.27M+7.8%	$16.96M+56.2%	$10.85M+11.9%	$9.7M-27.8%
Operating Lease Liability Payments Due	$197.27M+1.2%	$194.96M+1.1%	$192.75M+448%	$35.21M-0.2%	$35.29M-9.9%
Operating Lease Liability - Undiscounted Excess Amount	$54.45M-2.4%	$55.79M-2.3%	$57.12M+1,881%	$2.88M-4.4%	$3.02M-11.5%
Payables to Broker Dealers and Clearing Organizations	$131.25M+1,421%	$8.63M-90.6%	$91.64M-83.1%	$543.11M+300%	$135.76M+100%
Operating Lease Liability Payments - 2027 (Lessee)	$15.54M+54.0%	$10.09M-30.2%	$14.45M+246%	$4.17M+13.9%	$3.66M+10.4%
Operating Lease Liability Payments - 2028 (Lessee)	$10.08M-28.8%	$14.16M+6.8%	$13.26M+286%	$3.44M+2.4%	$3.36M-7.4%
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)	$151.63M-17.6%	$183.97M-1.8%	$187.36M+27.6%	$146.78M+20.2%	$122.13M+28.2%
Payables to customers and broker-dealers	$130.65M+3,785%	$3.36M-95.8%	$79.66M-85.3%	$542.74M+418%	$104.8M+54.5%
Unrecognized Tax Benefits	——	$29.94M—	——	——	——
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	——	$2.6M—	——	——	——
Common Stock Shares Outstanding	——	$28.8M—	——	——	——
Convertible Preferred Stock Authorized Shares	250M0.0%	250M0.0%	250M0.0%	250M0.0%	250M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share-Based Payment Award Options Outstanding - Number	——	331K—	——	——	——
Weighted Average Exercise Price of Outstanding Options	——	$20.59—	——	——	——
Components	$4.3M—	——	——	——	——
Cumulative Cost Basis	$11M+0.9%	$10.9M+1.9%	$10.7M+0.9%	$10.6M+1.0%	$10.5M+1.0%
Gross Assets/Liabilities	——	$6.66M-42.8%	$11.63M-6.0%	$12.38M+2,072%	$570K—
Accounts receivable, net of allowance for credit losses of $366 and $587 at March 31, 2026 and December 31, 2025, respectively	$351.01M+36.1%	$257.85M-4.9%	$271.24M+2.4%	$264.83M-2.5%	$271.51M+22.2%
Accounts Receivable, Allowance for Credit Loss	$366K-37.6%	$587K+97.0%	$298K+0.3%	$297K+3.1%	$288K-35.6%
Total	$11M+0.9%	$10.9M+1.9%	$10.7M+0.9%	$10.6M+1.0%	$10.5M+1.0%
Available for sale investments	$26.08M+4.9%	$24.86M+23.1%	$20.2M+42.9%	$14.13M+3.7%	$13.63M+31.6%
Broker-dealer, self-funded remaining difference between the fail to deliver and fail to receive	$600K-88.7%	$5.3M-55.8%	$12M+2,900%	$400K-98.7%	$31M—
Contract with Customer, Liability	$54.24M+86.8%	$29.03M-20.0%	$36.27M-10.7%	$40.61M-13.6%	$46.98M+52.5%
Debt Securities, Available-for-Sale, Allowance for Credit Loss	$0—	$0—	$0—	$0—	——
Deferred Tax Liabilities, Gross	——	$22.61M—	——	——	——
Deferred income taxes	$50.96M+1.9%	$50.01M+13.5%	$44.07M+2.8%	$42.86M+0.3%	$42.74M-0.4%
Deferred Tax Assets, Gross	——	$544.45M—	——	——	——
Deferred Tax Assets, Net	——	$518.82M—	——	——	——
Deferred Tax Assets, Net of Valuation Allowance	——	$541.43M—	——	——	——
Deferred Tax Assets, Operating Loss Carryforwards	——	$930K—	——	——	——
Compensation and benefits	——	$106.91M—	——	——	——
Tax Receivable Agreement – Interest	——	$15.17M—	——	——	——
Transferable tax credits	——	$0—	——	——	——
Deferred Tax Assets, Valuation Allowance	——	$3.02M—	——	——	——
Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill	——	$22.61M—	——	——	——
Derivative Liability	——	$6.66M-42.8%	$11.63M-6.0%	$12.38M+2,072%	$570K—
Equity method investments (Note 11)	$24.1M+436%	$4.5M-10.0%	$5M—	——	——
Unfunded capital commitment	$5M0.0%	$5M0.0%	$5M—	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$828.8M+3.6%	$799.7M+3.8%	$770.6M+4.7%	$736M+4.9%	$701.4M+5.2%
2027	——	$116.33M—	——	——	——
Income Tax Examination Penalties Accrued	——	$200K—	——	——	——
Lessee Operating Lease Liability Payments Due	$197.27M+1.2%	$194.96M+1.1%	$192.75M+448%	$35.21M-0.2%	$35.29M-9.9%
Thereafter	$114.05M—	——	$124.14M+52,951%	$234K+5.9%	$221K—
Lessee Operating Lease Liability Undiscounted Excess Amount	$54.45M-2.4%	$55.79M-2.3%	$57.12M+1,881%	$2.88M-4.4%	$3.02M-11.5%
Loans Receivable Fair Value Disclosure	——	$24.41M—	——	——	——
Noncontrolling interests in subsidiaries	$689.38M+1.2%	$681.48M+4.2%	$654.27M+4.1%	$628.51M+3.3%	$608.29M+1.6%
Long-Lived Assets	$4.74B-0.7%	$4.77B-0.7%	$4.8B+1.8%	$4.72B-0.9%	$4.76B-1.0%
Other receivables	$3.23M-61.1%	$8.3M+1,418%	$547K-25.7%	$736K-33.1%	$1.1M-86.4%
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$250M0.0%	$250M0.0%	$250M0.0%	$250M0.0%	$250M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Fails to deliver	$131.25M+1,421%	$8.63M-90.6%	$91.64M-83.1%	$543.11M+300%	$135.76M+100%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	——	$331.01K—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	——	$20.59—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	——	$28.8M—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price	——	$1.93—	——	——	——
Tax receivable agreement liability	$335.8M-0.2%	$336.52M-4.2%	$351.4M0.0%	$351.4M-5.0%	$369.77M-0.8%
Unrecognized tax benefits	——	$29.94M—	——	——	——
Remainder of Fiscal Year 2024	$15.95M—	——	$3.15M-50.9%	$6.41M-30.8%	$9.27M—

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Questions, answered.

What are Tradeweb Markets Inc.'s total assets?: Tradeweb Markets Inc. (TW) holds $8.3B in total assets, up 12.6% year over year.
How much debt does Tradeweb Markets Inc. have?: Tradeweb Markets Inc. carries $142.8M in total debt against $6.6B of shareholders' equity, a debt-to-equity ratio of 0.02.
How much cash does Tradeweb Markets Inc. have?: Tradeweb Markets Inc. holds $1.9B in cash and equivalents.
Where does Tradeweb Markets Inc.'s balance sheet data come from?: Every line is extracted from Tradeweb Markets Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.