What is Tradeweb Markets Inc.'s D&A?

Tradeweb Markets Inc. (TW) reported D&A of $60.71M in Q1 2026.

How has Tradeweb Markets Inc.'s D&A changed year-over-year?

Tradeweb Markets Inc.'s D&A decreased by 3.2% year-over-year, from $62.7M to $60.71M.

What is the long-term trend for Tradeweb Markets Inc.'s D&A?

Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s D&A has grown at a 9.9% compound annual growth rate (CAGR), from $171.31M to $250.19M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Tradeweb Markets Inc. TW D&A

D&A at other companies

BGC Group, Inc.BGC

$25.76M+17.8%

Nasdaq, Inc.NDAQ

$165M+5.8%

CME GroupCME

$27.2M-0.4%

MarketAxessMKTX

$19.21M+5.3%

BioSig Technologies, Inc.STEX

$1.49M+7,005%

Intercontinental ExchangeICE

$384M-1.3%

Other financials

Income statement

See full

Revenue$617.8M+21.2%

Operating income$287.3M+40.7%

Net income$205.3M+38.3%

EPS (diluted)$0.96+39.1%

Balance sheet

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Cash & equivalents$1.9B+48.2%

Total debt$142.8M+343%

Total equity$6.6B+11.5%

Total assets$8.3B+12.6%

Cash flow

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Operating cash flow$103.8M+72.5%

CapEx$9.6M+483%

Free cash flow$94.2M+60.9%

Valuation

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Market cap$21.22B-28.1%

Enterprise value$19.43B-30.3%

P/E24.4×-28.4×

P/S9.8×-5.4×

Profitability

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Operating margin42.5%+3.4pp

Net margin40.3%+11.6pp

FCF margin53.8%+5.4pp

Returns & leverage

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Return on equity13.8%+4.7pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Tradeweb Markets Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

The official record: Tradeweb Markets Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tradeweb Markets Inc.'s D&A?: Tradeweb Markets Inc. (TW) reported D&A of $60.71M in Q1 2026.
How has Tradeweb Markets Inc.'s D&A changed year-over-year?: Tradeweb Markets Inc.'s D&A decreased by 3.2% year-over-year, from $62.7M to $60.71M.
What is the long-term trend for Tradeweb Markets Inc.'s D&A?: Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s D&A has grown at a 9.9% compound annual growth rate (CAGR), from $171.31M to $250.19M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.