Company Analysis

Tradeweb Markets Inc. (TW)

Nasdaq: TW · Security & Commodity Brokers, Dealers, Exchanges & Services · New York, NY · filing with the SEC since 2018
Grade6.1
◀ Past 6.3● Present 5.8▶ Future 6.4

The company now

Tradeweb Markets Inc. is classed by the SEC under Security & Commodity Brokers, Dealers, Exchanges & Services (industry code 6200), based in New York, NY. In its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $2.1 billion and a profit of $922 million (its filed statements).

From its filings and filed figures; the desk's account of it is not written yet.

Where the revenue comes from

fiscal 2025, as filed

Revenue by product, fiscal 2025

ProductFiscal 2025Fiscal 2024Share of revenue
Transaction Fee Revenue$1.70B$1.42B82.8%
Subscription Fee Revenue$234M$207M11.4%
Market Data Revenue$93.2M$82.1M4.5%
Financial Service Other$24.8M$13.6M1.2%

Revenue by region, fiscal 2025

RegionFiscal 2025Fiscal 2024Share of revenue
United States$1.19B$1.06B58.2%
International$858M$665M41.8%

As tagged in its annual report (Form 10-K, filed Feb 5, 2026 ↗), read from the SEC's financial statement data sets. The year before is the figure the record holds for the prior fiscal year.

The desk's written account of this company, its Past, Present and Future, is not on file yet.

How the company works

The desk has not read this company's annual report yet.

The record in brief

The desk has not written this company's report yet.

SI Assistanton TW · research, not advice