Tradeweb Markets Inc. Tax receivable agreement liability decreased by 0.2% to $335.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.2%, from $369.77M to $335.80M. Over 5 years (FY 2020 to FY 2025), Tax receivable agreement liability shows a downward trend with a -3.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease indicates the settlement of these obligations over time, while an increase may reflect changes in tax projections or valuation.
The Tax Receivable Agreement (TRA) liability represents the company's obligation to pay out a portion of realized tax sa...
Specific to companies with Up-C structures; peers with similar IPO histories will report comparable liabilities.
other_tax_receivable_agreement_liability_798f5d| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $425.15M | $425.15M | $412.45M | $409.11M | $409.15M | $439.35M | $425.72M | $420.07M | $447.98M | $447.98M | $457.52M | $431.98M | $380.94M | $382.41M | $372.84M | $369.77M | $351.40M | $351.40M | $336.52M | $335.80M |
| QoQ Change | — | +0.0% | -3.0% | -0.8% | +0.0% | +7.4% | -3.1% | -1.3% | +6.6% | +0.0% | +2.1% | -5.6% | -11.8% | +0.4% | -2.5% | -0.8% | -5.0% | +0.0% | -4.2% | -0.2% |
| YoY Change | — | — | — | — | -3.8% | +3.3% | +3.2% | +2.7% | +9.5% | +2.0% | +7.5% | +2.8% | -15.0% | -14.6% | -18.5% | -14.4% | -7.8% | -8.1% | -9.7% | -9.2% |