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Tradeweb Markets Inc. TW Unfunded capital commitment

Unfunded capital commitment at other companies

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

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 tw:EquitySecuritiesUnfundedCapitalCommitment.

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

As of June 30, 2026 and December 31, 2025, the Company held equity method investments totaling $23.7 million and $4.5 million, respectively, included as a component of other assets on the condensed consolidated statements of financial condition. As of both June 30, 2026 and December 31, 2025, the Company also had $5.0 million in unfunded capital commitments related to its equity method investments. During the three and six months ended June 30, 2026, the Company recognized an equity pickup loss of $0.5 million and $0.9 million, respectively, included in other income (loss), net in the condensed consolidated statements of income, relating to its pro rata share of operating performance of its equity method investments. No income or loss from equity method investments was recognized during the three or six months ended June 30, 2025. There were no impairments recorded on equity method investments during the three or six months ended June 30, 2026 and 2025.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tradeweb Markets Inc.'s unfunded capital commitment?
Tradeweb Markets Inc. (TW) reported unfunded capital commitment of $5M in Q2 2026.
What does unfunded capital commitment mean?
Contractual obligations to provide additional capital to equity investments or partnerships in the future. These represent off-balance sheet risks that may require cash outflows when called upon by the investment vehicle.

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