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Total Revenue at other companies

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BGC Group, Inc.BGC
$845.55M+7.8%
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$2.53B+20.5%
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$1.71B+0.8%
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$218.42M-0.5%
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Intercontinental ExchangeICE
$3.61B+10.7%
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Jefferies Financial GroupJEF
$2.21B+35.0%

Segments

By product

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Transaction fees and commissions$465.34M+8.3%
Subscription fees$61.72M
LSEG market data fees$26.5M+28.8%
Other$5.39M+2.8%

By segment

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Reportable Segment$558.95M+9.0%

By geography

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U.S.$313.88M

Other financials

Income statement

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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$22.68B-15.7%
Enterprise value$20.77B-17.9%
P/E25.3×-22.9×
P/S10.3×-3.6×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Subscription fees61,72457,392121,997113,169
LSEG market data fees26,49620,56953,23849,494
Other5,3915,24212,3078,873
Total revenue558,946512,9711,176,7101,022,648
Expenses
Employee compensation and benefits172,462169,693370,255346,570
Depreciation and amortization61,48763,048122,196125,747
Technology and communications41,97630,21281,52558,940

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tradeweb Markets Inc.'s total revenue?
Tradeweb Markets Inc. (TW) reported total revenue of $558.95M in Q2 2026.
How has Tradeweb Markets Inc.'s total revenue changed year-over-year?
Tradeweb Markets Inc.'s total revenue increased by 9.0% year-over-year, from $512.97M to $558.95M.
What is the long-term trend for Tradeweb Markets Inc.'s total revenue?
Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s total revenue has grown at a 17.5% compound annual growth rate (CAGR), from $1.08B to $2.05B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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