Tradeweb Markets Inc. revenue by year
Over the 8 fiscal years shown, revenue went from $504.45M (year ended Dec 31, 2017) to $2.05B (year ended Dec 31, 2025), a compound annual growth rate of 19.2%. The fastest growth was +53.7% in the year ended Dec 31, 2019; the weakest year was +10.4% (year ended Dec 31, 2022).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $2.05B | +18.9% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 5, 2026 |
| Dec 31, 2024 | $1.73B | +29.0% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 5, 2026 |
| Dec 31, 2023 | $1.34B | +12.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 5, 2026 |
| Dec 31, 2022 | $1.19B | +10.4% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 7, 2025 |
| Dec 31, 2021 | $1.08B | +20.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 9, 2024 |
| Dec 31, 2020 | $892.66M | +15.1% | Revenues | 10-K filed Feb 25, 2021 |
| Dec 31, 2019 | $775.57M | +53.7% | Revenues | 10-K filed Feb 25, 2021 |
| Dec 31, 2017 | $504.45M | — | Revenues | 10-K/A filed Mar 4, 2020 |
Tradeweb Markets Inc. reported revenue under 2 different XBRL concepts across these years (often after the 2018 change in revenue-recognition rules, ASC 606). Each row shows the concept used, so you can judge comparability.
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 30, 2026 | $584.54M | +14.9% | 10-Q filed Oct 29, 2026 |
| 3 months ended Jun 30, 2026 | $558.95M | +9.0% | 10-Q filed Jul 30, 2026 |
| 3 months ended Mar 31, 2026 | $617.76M | +21.2% | 10-Q filed Apr 29, 2026 |
| 3 months ended Sep 30, 2025 | $508.60M | +13.3% | 10-Q filed Oct 29, 2026 |
| 3 months ended Jun 30, 2025 | $512.97M | +26.7% | 10-Q filed Jul 30, 2026 |
| 3 months ended Mar 31, 2025 | $509.68M | +24.7% | 10-Q filed Apr 29, 2026 |
| 3 months ended Sep 30, 2024 | $448.92M | +36.7% | 10-Q filed Oct 30, 2025 |
| 3 months ended Jun 30, 2024 | $404.95M | +30.4% | 10-Q filed Jul 30, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 1758730 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.