Tradeweb Markets Inc. Business Segments — Technology and communications increased by 11.3% to $39.55M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.7%, from $28.73M to $39.55M. Over 3 years (FY 2022 to FY 2025), Business Segments — Technology and communications shows an upward trend with a 24.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase often reflects necessary investment in platform scalability and security, while a decrease might signal reduced infrastructure spending.
Captures the costs associated with maintaining the electronic trading platform, including data center fees, network conn...
Comparable to technology and communications expenses or IT infrastructure costs at other electronic trading venues.
tw_segment_reportable_segment_technology_and_communications| 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 | $16.46M | $16.46M | $16.46M | $16.46M | $19.38M | $19.38M | $19.38M | $19.38M | $21.31M | $24.23M | $24.30M | $28.73M | $28.73M | $30.21M | $33.87M | $35.52M | $39.55M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +17.7% | +0.0% | +0.0% | +0.0% | +10.0% | +13.7% | +0.3% | +18.2% | +0.0% | +5.2% | +12.1% | +4.9% | +11.3% |
| YoY Change | — | — | — | — | +17.7% | +17.7% | +17.7% | +17.7% | +10.0% | +25.0% | +25.4% | +48.3% | +34.8% | +24.7% | +39.4% | +23.6% | +37.7% |