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Income Statement - Tradeweb Markets Inc. (TW)

$(Billion, Million)
Dec-25 Dec-24 Dec-23 Dec-22 Dec-21 Dec-20 Dec-19 Dec-18 Dec-17 Dec-16 Dec-14 Dec-13 Dec-12 Dec-11 Dec-10 Dec-09 Dec-08 Dec-07 Dec-06 Dec-05
Total revenue 2,052.43 1,725.95 1,338.22 1,188.78 1,076.45 892.66 775.57 657.58 504.45 492.18 3,644.95 3,481.91 3,596.78 3,417.74 3,259.45 2,387.83 1,676.03 1,760.06 1,486.52 1,271.81
Cost of revenue 670.83 592.69 460.31 432.42 407.26 349.66 329.46 289.49 248.96 228.58 2,565.18 2,494.09 2,588.26 2,489.99 2,431.16 1,813.72 1,215.95 1,284.19 1,090.35 947.35
Gross profit 1,381.60 1,133.26 877.91 756.36 669.19 543.00 446.11 368.09 255.49 263.60 1,079.78 987.82 1,008.52 927.75 828.29 574.11 460.08 475.87 396.18 324.46
Total operating expenses + 536.47 455.23 372.65 343.79 310.36 279.65 256.29 195.82 166.39 170.47
Operating income 845.12 678.03 505.27 412.57 358.83 263.36 189.82 172.27 89.09 93.13 595.59 495.56 502.36 489.01 413.70 252.09 209.38 226.77 179.31 132.42
Non-operating income (net) 329.85 76.37 42.71 24.56 11.16 11.11 35.51 2.51 0.69 -0.70 -9.89 2.95 -34.16 -82.78 -87.06 -82.17 12.35 2.14 -2.84 -0.71
Income before tax 1,174.97 754.40 547.98 437.13 369.98 274.46 225.33 174.78 89.78 92.44 585.69 498.51 468.20 406.23 326.64 169.92 221.73 228.91 176.47 131.70
Income tax expense 253.47 184.44 128.48 77.52 96.88 56.07 52.30 15.32 6.13 -0.73 200.06 138.25 152.55 145.76 129.92 50.91 75.28 73.47 60.19 45.59
Net income 812.79 501.51 364.87 309.34 226.83 166.30 83.77 159.47 83.65 93.16 384.98 359.30 318.81 260.21 194.44 120.60 146.46 155.44 116.28 87.19
Show Quarterly Income Statement

Income Statement - Tradeweb Markets Inc. (TW)

$(Billion, Million)
Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Dec-23 Sep-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21 Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Dec-16 Sep-15 Jun-15 Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Dec-12 Sep-12 Jun-12 Mar-12 Dec-11 Sep-11 Jun-11 Mar-11 Dec-10 Sep-10 Jun-10 Mar-10 Dec-09 Sep-09 Jun-09 Mar-09 Dec-08 Sep-08 Jun-08 Mar-08 Dec-07 Sep-07 Jun-07 Mar-07 Dec-06 Sep-06 Jun-06 Mar-06 Dec-05 Sep-05 Jun-05 Mar-05 Dec-04 Sep-04 Jun-04
Total revenue 617.76 521.18 508.60 512.97 509.68 463.34 448.92 404.95 408.74 370.00 328.36 310.61 329.25 293.04 287.12 297.14 311.49 276.88 265.33 260.84 273.40 233.08 212.87 212.11 234.61 197.31 200.98 190.49 186.79 178.64 167.79 151.72 159.43 143.40 6,040.13 895.62 888.21 920.71 957.92 878.11 878.99 904.83 888.16 809.94 835.28 892.98 911.02 793.24 826.16 901.52 879.71 810.35 851.27 866.08 790.66 751.44 749.91 803.96 432.61 401.35 396.52 416.99 436.39 426.13 453.81 457.53 447.03 401.69 388.50 395.60 366.43 336.00 347.09 343.07 315.76 265.89 198.62 187.56 175.85 175.39 180.01
Cost of revenue 197.79 159.27 164.99 169.69 176.88 152.21 160.16 137.24 143.09 125.87 116.02 103.92 114.49 101.82 102.72 109.89 117.99 107.15 98.04 98.45 103.62 86.31 83.97 88.87 90.52 76.55 79.64 96.00 77.27 80.44 69.08 68.41 71.57 -22.39 3,866.52 641.33 626.23 642.43 664.71 631.81 629.06 639.08 630.59 595.36 605.45 639.85 662.02 585.54 599.99 646.99 646.74 597.12 618.57 633.97 595.87 585.20 576.06 625.58 314.55 297.53 286.96 309.11 312.93 312.19 338.27 329.44 327.67 288.82 283.23 287.68 272.86 246.58 258.30 251.16 238.49 199.41 151.39 142.64 134.64 133.16 138.64
Gross profit 419.97 361.92 343.61 343.28 332.80 311.14 288.75 267.72 265.65 244.13 212.34 206.69 214.76 191.22 184.40 187.25 193.50 169.73 167.29 162.39 169.78 146.77 128.90 123.24 144.09 120.76 121.34 94.49 109.52 98.20 98.71 83.31 87.86 143.40 3,756.40 -2,159.56 1,079.78 0.00 0.00 0.00 987.82 0.00 0.00 0.00 1,008.52 0.00 0.00 0.00 927.75 0.00 0.00 0.00 828.29 0.00 0.00 0.00 574.11 0.00 0.00 0.00 460.08 0.00 0.00 0.00 475.87 0.00 0.00 0.00 396.18 0.00 0.00 0.00 324.46 0.00 0.00 0.00 175.61 0.00 0.00 0.00 152.51
Total operating expenses + 132.72 131.12 133.23 143.43 128.70 122.60 129.44 105.22 97.97 102.50 87.60 90.35 92.19 99.67 81.59 80.64 81.89 78.55 81.76 78.60 71.45 75.19 70.38 67.60 66.47 66.43 63.08 63.54 63.24 66.27 45.90 43.15 40.51 133.58 399.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating income 287.25 230.80 210.37 199.85 204.10 188.54 159.32 162.49 167.68 141.63 124.74 116.34 122.57 91.55 102.81 106.61 111.60 91.18 85.53 83.79 98.33 71.58 58.52 55.64 77.62 54.33 58.26 30.96 46.28 31.94 52.82 40.16 47.36 38.81 997.68 138.73 138.10 164.48 167.01 126.00 125.24 138.66 129.23 102.42 117.46 133.59 123.57 88.55 114.53 136.53 122.04 115.92 112.55 131.52 92.76 76.88 62.30 75.55 62.54 51.71 50.62 51.79 55.79 51.18 51.16 64.43 59.94 51.23 48.19 52.35 40.18 38.57 36.97 41.11 28.94 25.41 22.20 21.00 16.92 20.67 20.53
Non-operating income (net) 15.67 225.91 59.25 27.21 17.48 21.71 14.36 20.97 19.34 -0.33 15.56 14.65 12.83 21.05 3.41 0.54 -0.45 12.33 -0.36 -0.33 -0.49 11.05 -0.35 -0.29 0.70 33.84 0.64 0.18 0.86 0.79 0.67 0.58 0.47 -28.73 -187.78 45.21 -7.11 -1.09 -1.26 -0.43 -1.04 2.48 3.38 -1.87 -0.48 -15.19 -9.25 -9.24 -16.66 -26.29 -19.70 -20.13 -24.29 -23.39 -21.36 -18.02 -33.25 -25.85 -16.44 -6.63 3.19 4.86 2.33 2.14 3.51 0.38 -2.36 0.60 0.61 -3.87 -0.40 0.81 1.02 0.06 -1.19 -0.60 -4.18 0.33 3.08 2.69 -0.83
Income before tax 302.92 456.71 269.62 227.06 221.58 210.25 173.67 183.46 187.02 141.30 140.30 130.99 135.40 112.61 106.22 107.15 111.16 103.52 85.17 83.47 97.83 82.63 58.17 55.35 78.31 88.17 58.89 31.13 47.14 32.72 53.49 40.74 47.83 10.08 809.90 183.94 130.99 163.39 165.75 125.56 124.20 141.14 132.61 100.55 116.97 118.40 114.32 79.31 97.87 110.25 102.33 95.79 88.26 108.13 71.40 58.86 29.05 49.70 46.09 45.08 53.81 56.65 58.11 53.32 54.68 64.82 57.59 51.83 48.81 48.49 39.79 39.39 37.99 41.16 27.75 24.81 18.03 21.33 19.99 23.35 19.71
Income tax expense 69.76 89.59 59.07 51.54 53.28 50.30 43.45 47.05 43.64 37.56 28.67 29.05 33.21 13.61 24.66 25.55 13.71 43.51 19.86 17.23 16.27 16.18 11.12 12.95 15.83 30.89 10.32 6.31 4.78 3.42 7.54 1.85 2.52 2.97 237.06 60.56 41.60 59.03 55.37 44.06 41.93 39.23 42.28 14.81 37.34 35.25 36.13 28.27 32.13 41.20 36.92 35.50 43.75 38.22 22.82 25.13 10.58 40.33 22.11 15.35 22.92 15.93 18.27 18.16 13.01 22.27 20.81 17.39 17.18 14.65 13.79 14.57 12.27 11.83 10.57 10.92 5.78 6.99 8.94 9.60 7.04
Net income 205.28 324.99 185.64 153.78 148.38 142.21 113.92 119.24 126.14 89.31 98.61 89.08 87.86 88.95 69.08 68.34 82.97 48.89 54.76 55.32 67.86 55.06 36.81 30.50 43.93 41.33 29.61 12.83 42.35 29.31 45.96 38.90 45.31 7.11 571.56 123.38 89.10 104.14 110.18 81.56 82.39 102.51 86.19 88.21 82.88 94.92 82.29 58.73 65.34 68.23 66.94 59.70 43.86 69.24 48.10 33.24 58.13 8.82 23.87 29.78 31.16 40.59 39.55 35.16 41.67 42.55 36.78 34.44 31.63 33.83 25.99 24.81 25.73 30.38 17.18 13.90 12.26 15.09 11.06 13.75 12.68
about 11 hours ago