Skip to content
Screener

Tradeweb Markets Inc. TW Business Segments

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Total Revenue by Product
LSEG market data fees$26.5M+28.8%$26.74M-7.5%$23.17M+12.7%$20.53M+0.1%$20.57M-0.1%
Other$5.39M+2.8%$6.92M+90.5%$9.99M+175%$5.93M+60.0%$5.24M+66.5%
Subscription fees$61.22M+7.5%$59.77M+8.1%$59.53M+9.0%$60.38M+18.9%$56.95M+13.3%
Subscription fees$61.72M+7.5%$60.27M+8.1%$60.02M+9.1%$60.83M+18.8%$57.39M+13.1%
Transaction fees and commissions$465.34M+8.3%$523.83M+24.3%$428.01M+11.4%$421.31M+12.8%$429.77M+30.0%
Total Revenue by Geography
International$245.07M+13.9%$274.11M+29.4%$220.24M+16.8%$211.16M+24.8%$215.17M+40.8%
U.S.$313.88M+5.4%$343.65M+15.4%$300.94M+9.5%$297.44M+6.3%$297.8M+18.1%

FAQ

How does Tradeweb Markets Inc. break its business down?
Tradeweb Markets Inc. (TW) reports total revenue by product across 5 parts — LSEG market data fees, Other, Subscription fees, Subscription fees and Transaction fees and commissions. Each is extracted from the segment footnotes and tracked over time.
Where does Tradeweb Markets Inc.'s segment data come from?
Segment breakdowns are pulled from the segment footnotes in Tradeweb Markets Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.