Skip to content
Screener

Tradeweb Markets Inc. TW Contract Liabilities

Contract Liabilities at other companies

BGC Group, Inc. logo
BGC Group, Inc.BGC
$19.5M+12.7%
Nasdaq, Inc. logo
Nasdaq, Inc.NDAQ
$1.02B
MarketAxess logo
MarketAxessMKTX
$5.26M+6.3%
The Carlyle Group logo
The Carlyle GroupCG
$358.2M-15.0%
Cboe Global Markets logo
Cboe Global MarketsCBOE
$16.8M+24.4%

Other financials

Income statement

See full
Revenue$558.9M+9.0%
Operating income$245.3M+22.7%
Net income$181.3M+17.9%
EPS (diluted)$0.85+19.7%

Balance sheet

See full
Cash & equivalents$2.1B+26.2%
Total debt$150.3M+365%
Total equity$6.6B+8.8%
Total assets$8.3B+2.4%

Cash flow

See full
Operating cash flow$394.1M-3.7%
CapEx$8.3M+52.5%
Free cash flow$385.8M-4.4%

Valuation

See full
Market cap$21.59B-26.2%
Enterprise value$19.68B-28.9%
P/E24.1×-28.4×
P/S9.8×-5.3×

Profitability

See full
Operating margin43.7%+4.8pp
Net margin40.7%+11.8pp
FCF margin51.9%-0.2pp

Returns & leverage

See full
Return on equity14.1%+4.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Tradeweb Markets Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Tradeweb Markets Inc.’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 7:04 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001758730-26-000133
Line itemJune 30, 2026December 31, 2025
Liabilities
Payable to brokers and dealers and clearing organizations$7,649$3,363
Accrued compensation158,766251,169
Deferred revenue38,36829,030
Accounts payable, accrued expenses and other liabilities175,244183,970
Lease liabilities150,337139,168
Payable and due to related parties11,1607,090
Deferred tax liability53,67050,011

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tradeweb Markets Inc.'s contract liabilities?
Tradeweb Markets Inc. (TW) reported contract liabilities of $38.37M in Q2 2026.
How has Tradeweb Markets Inc.'s contract liabilities changed year-over-year?
Tradeweb Markets Inc.'s contract liabilities decreased by 5.5% year-over-year, from $40.61M to $38.37M.
What is the long-term trend for Tradeweb Markets Inc.'s contract liabilities?
Over 5 years (2020 to 2025), Tradeweb Markets Inc.'s contract liabilities has grown at a 4.6% compound annual growth rate (CAGR), from $23.19M to $29.03M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

Ask your AI about Tradeweb Markets Inc.'s contract liabilities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude