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Tradeweb Markets Inc. TW Operating Lease Liabilities (Total)

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Other financials

Income statement

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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

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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$21.65B-24.8%
Enterprise value$19.74B-27.4%
P/E24.1×-27.4×
P/S9.8×-5.1×

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:OperatingLeaseLiability.

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
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
Tax receivable agreement liability317,495336,519
Total liabilities912,6891,000,320

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tradeweb Markets Inc.'s operating lease liabilities (total)?
Tradeweb Markets Inc. (TW) reported operating lease liabilities (total) of $150.34M in Q2 2026.
How has Tradeweb Markets Inc.'s operating lease liabilities (total) changed year-over-year?
Tradeweb Markets Inc.'s operating lease liabilities (total) increased by 365.1% year-over-year, from $32.32M to $150.34M.
What is the long-term trend for Tradeweb Markets Inc.'s operating lease liabilities (total)?
Over 5 years (2020 to 2025), Tradeweb Markets Inc.'s operating lease liabilities (total) has grown at a 32.2% compound annual growth rate (CAGR), from $34.46M to $139.17M.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.

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