Discontinued — last reported Q4 '25

Other

Tax receivable agreement liability adjustment

Year-over-year, this metric grew by 13.8%, from $8.60M to $9.79M.

Analysis

StatementIncome Statement
SectionOther
CategoryOther
SignalContext dependent
VolatilityVolatile
First reportedQ4 2018
Last reportedQ4 2025Feb 5, 2026

How to read this metric

These adjustments are often driven by changes in tax rates or projections of future taxable income rather than operational performance.

Detailed definition

This represents adjustments to the liability associated with tax receivable agreements, which are common in companies th...

Peer comparison

Specific to companies with complex tax structures or those that have completed an Up-C IPO; not applicable to standard corporations.

Metric ID: other_tax_receivable_agreement_liability_adjustment

Historical Data

13 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '23Q3 '24Q4 '24Q3 '25Q4 '25
Value$3.19M$3.19M$3.19M$3.41M$3.41M$3.41M$3.41M$0.00-$9.52M-$870.00K$8.60M$0.00$9.79M
QoQ Change+0.0%+0.0%+7.1%+0.0%+0.0%+0.0%-100.0%+90.9%>999%-100.0%
YoY Change+7.1%+7.1%+7.1%-100.0%-378.8%+190.4%+100.0%+13.8%
Range-$9.52M$9.79M
CAGR+45.4%
Avg YoY Growth-19.2%
Median YoY Growth+7.1%

Frequently Asked Questions

What is Tradeweb Markets Inc.'s tax receivable agreement liability adjustment?
Tradeweb Markets Inc. (TW) reported tax receivable agreement liability adjustment of $9.79M in Q4 2025.
How has Tradeweb Markets Inc.'s tax receivable agreement liability adjustment changed year-over-year?
Tradeweb Markets Inc.'s tax receivable agreement liability adjustment increased by 13.8% year-over-year, from $8.60M to $9.79M.
What does tax receivable agreement liability adjustment mean?
Accounting adjustments related to future tax payment obligations to pre-IPO owners.