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Segments

By segment

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Reportable Segment$206.69M+17.8%

Other financials

Income statement

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Revenue$558.9M+9.0%
Operating income$245.3M+22.7%
EPS (diluted)$0.85+19.7%

Balance sheet

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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

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

Valuation

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Market cap$22.68B-15.7%
Enterprise value$20.77B-17.9%
P/E25.3×-22.9×
P/S10.3×-3.6×

Profitability

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

Returns & leverage

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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:NetIncomeLoss.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Provision for income taxes(63,500)(51,539)(133,257)(104,818)
Net income206,686175,522439,853343,827
Less: Net income attributable to non-controlling interests25,36821,74053,25141,663
Net income attributable to Tradeweb Markets Inc.$181,318$153,782$386,602$302,164
Earnings per share attributable to Tradeweb Markets Inc. Class A and B common stockholders:
Basic$0.85$0.72$1.82$1.42
Diluted$0.85$0.71$1.81$1.40
Weighted average shares outstanding:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tradeweb Markets Inc.'s net income?
Tradeweb Markets Inc. (TW) reported net income of $181.32M in Q2 2026.
How has Tradeweb Markets Inc.'s net income changed year-over-year?
Tradeweb Markets Inc.'s net income increased by 17.9% year-over-year, from $153.78M to $181.32M.
What is the long-term trend for Tradeweb Markets Inc.'s net income?
Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s net income has grown at a 37.6% compound annual growth rate (CAGR), from $226.83M to $812.79M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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