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Tradeweb Markets Inc. TW Total costs & expenses

Total costs & expenses at other companies

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CME GroupCME
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The Carlyle GroupCG

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 us-gaap:CostsAndExpenses.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
General and administrative16,61629,98428,56049,724
Professional fees12,76514,15925,08926,617
Occupancy8,3786,02216,57011,096
Total expenses313,684313,118644,195618,694
Operating income245,262199,853532,515403,954
Interest income18,15114,97235,60228,821
Interest expense(505)(429)(1,129)(1,016)
Other income (loss), net7,27812,6656,12216,886

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tradeweb Markets Inc.'s total costs & expenses?
Tradeweb Markets Inc. (TW) reported total costs & expenses of $313.68M in Q2 2026.
How has Tradeweb Markets Inc.'s total costs & expenses changed year-over-year?
Tradeweb Markets Inc.'s total costs & expenses increased by 0.2% year-over-year, from $313.12M to $313.68M.
What is the long-term trend for Tradeweb Markets Inc.'s total costs & expenses?
Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s total costs & expenses has grown at a 14.1% compound annual growth rate (CAGR), from $717.62M to $1.22B.
What does total costs & expenses mean?
This metric represents the sum of all operating and non-operating costs incurred by the business to generate revenue, including personnel compensation, technology infrastructure, professional services, and administrative overhead. It serves as a comprehensive measure of the company's total cost structure and operational footprint. Analyzing this figure relative to revenue allows investors to evaluate the company's overall cost discipline and operating leverage.

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