Discontinued — last reported Q4 '25

Operating Expenses

Technology & Communications

Tradeweb Markets Inc. Technology & Communications increased by 11.3% to $39.55M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.7%, from $28.73M to $39.55M. Over 4 years (FY 2021 to FY 2025), Technology & Communications shows an upward trend with a 22.9% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

An increase often reflects strategic investment in digital capabilities, while a decrease may indicate cost-cutting measures or completed infrastructure projects.

Detailed definition

This metric tracks the costs associated with maintaining the firm's technology infrastructure, software development, cyb...

Peer comparison

Comparable to 'Technology Expense' or 'Information Technology Costs' at large financial institutions.

Metric ID: jpm_technology_and_communications_expense

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$13.96M$14.75M$13.94M$15.78M$16.03M$16.82M$17.23M$17.57M$18.70M$19.73M$21.51M$21.31M$24.23M$24.30M$28.73M$28.73M$30.21M$33.87M$35.52M$39.55M
QoQ Change+5.7%-5.5%+13.2%+1.6%+4.9%+2.5%+1.9%+6.5%+5.5%+9.0%-0.9%+13.7%+0.3%+18.2%+0.0%+5.2%+12.1%+4.9%+11.3%
YoY Change+14.9%+14.0%+23.6%+11.4%+16.6%+17.3%+24.8%+21.3%+29.6%+23.1%+33.6%+34.8%+24.7%+39.4%+23.6%+37.7%
Range$13.94M$39.55M
CAGR+24.5%
Avg YoY Growth+24.4%
Median YoY Growth+23.6%
Current Streak8 quarters growth

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reportable Segment$28.73M$30.21M$33.87M$35.52M$39.55M
Total$28.73M$30.21M$33.87M$35.52M$39.55M

Frequently Asked Questions

What is Tradeweb Markets Inc.'s technology & communications?
Tradeweb Markets Inc. (TW) reported technology & communications of $39.55M in Q1 2026.
How has Tradeweb Markets Inc.'s technology & communications changed year-over-year?
Tradeweb Markets Inc.'s technology & communications increased by 37.7% year-over-year, from $28.73M to $39.55M.
What is the long-term trend for Tradeweb Markets Inc.'s technology & communications?
Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s technology & communications has grown at a 22.9% compound annual growth rate (CAGR), from $56.19M to $128.33M.
What does technology & communications mean?
Operating expenses related to technology infrastructure, software, and communications.