Skip to content

Tradeweb Markets Inc. TW Subscription fees — Total Revenue

Other product segments

Transaction fees and commissions
$523.83M+24.3%
LSEG market data fees
$26.74M-7.5%
Other
$6.92M+90.5%

Similar metrics at other companies

EverCommerce Inc. logo
EVCMSubscription and transaction fees — Total revenues
$142.1M+3.1%
BILL Holdings logo
BILLSubscription and transaction fees — Revenue
$371.13M+15.9%
UiPath logo
PATHSubscription services — Total Revenue
$252.9M+16.4%
Expensify, Inc. logo
EXFYSubscription fees — Revenue, net
$30.95M-6.9%
C3.ai logo
AISubscription — Total Revenue
$48.16M-43.8%
Sprinklr logo
CXMSubscription — Total Revenue
$194.79M+5.8%

Other financials

Income statement

See full
Revenue$617.8M+21.2%
Operating income$287.3M+40.7%
Net income$205.3M+38.3%
EPS (diluted)$0.96+39.1%

Balance sheet

See full
Cash & equivalents$1.9B+48.2%
Total debt$142.8M+343%
Total equity$6.6B+11.5%
Total assets$8.3B+12.6%

Cash flow

See full
Operating cash flow$103.8M+72.5%
CapEx$9.6M+483%
Free cash flow$94.2M+60.9%

Valuation

See full
Market cap$21.22B-28.1%
Enterprise value$19.43B-30.3%
P/E24.4×-28.4×
P/S9.8×-5.4×

Profitability

See full
Operating margin42.5%+3.4pp
Net margin40.3%+11.6pp
FCF margin53.8%+5.4pp

Returns & leverage

See full
Return on equity13.8%+4.7pp
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 official record: Tradeweb Markets Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Tradeweb Markets Inc.'s subscription fees — total revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Tradeweb Markets Inc.'s subscription fees — total revenue?
Tradeweb Markets Inc. (TW) reported subscription fees — total revenue of $60.27M in Q1 2026.
How has Tradeweb Markets Inc.'s subscription fees — total revenue changed year-over-year?
Tradeweb Markets Inc.'s subscription fees — total revenue increased by 8.1% year-over-year, from $55.78M to $60.27M.
What is the long-term trend for Tradeweb Markets Inc.'s subscription fees — total revenue?
Over 4 years (2021 to 2025), Tradeweb Markets Inc.'s subscription fees — total revenue has grown at a 10.2% compound annual growth rate (CAGR), from $158.45M to $234.02M.
What does subscription fees — total revenue mean?
This metric represents the total recurring revenue generated from fees charged to institutional clients for accessing electronic trading platforms and market data services. It reflects the stability and predictability of the company's core business model by measuring the income derived from long-term service agreements rather than transaction-based activity. This revenue stream is a key indicator of customer retention and the value proposition of the platform's ecosystem.