Name: TW Income Statement - Tradeweb Markets Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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TW - Tradeweb Markets Inc.

USD | NASDAQ

TW Income Statement - Tradeweb Markets Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q3 FY 18	Q2 FY 18	Q1 FY 18
Revenues
Revenues	617.8	521.2	508.6	513.0	509.7	463.3	448.9	405.0	408.7	370.0	328.4	310.6	329.2	293.0	287.1	297.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2017
Revenues
Revenues	2,160.5	2,052.4	1,725.9	1,338.2	1,188.8	1,076.4	892.7	775.6	504.4
Cost of Revenue	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-
Operating Income
Operating Income	918.5	835.3	678.0	505.3	412.6	358.8	263.4	189.8	89.1
Non-Operating
Interest Income	72.0	68.4	74.0	67.4	13.7	-	-	2.4	0.7
Interest Expense	2.0	1.9	4.3	2.0	1.8
Tax & Net
Income Tax Expense	270.0	253.5	184.4	128.5	77.5	96.9	56.1	52.3	6.1
Net Income From Continuing Ops	986.4	921.5	570.0	419.5
Per Share
EPS Basic	4.09	3.81	2.35	1.73	1.50	1.13	0.92	0.57	-
EPS Diluted	4.07	3.78	2.33	1.71	1.48
Supplementary Data
EBITDA	1,166.7	1,085.5	898.0	690.6	591.5	530.1	417.1	329.1	157.7
EBIT	918.5	835.3	678.0	505.3	412.6

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	60.7	60.1	64.4	63.0	62.7	62.9	57.9	49.9	49.3	47.5	46.6	45.9	45.4	44.9	44.8	44.8
Amortization of Intangibles	29.1	29.1	34.6	34.6	34.6	34.6	32.6	28.7	28.5	27.6	27.1	26.8	26.8	26.8	26.8	26.8
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	(1.9)	(0.5)	0.3	-	0.0	0.0	0.0
Total Operating Expenses	330.5	300.2	298.2	313.1	305.6	274.8	289.6	242.5	241.1	228.4	203.6	194.3	206.7	201.5	184.3	190.5

Operating Income
Operating Income	287.3	221.0	210.4	199.9	204.1	188.5	159.3	162.5	167.7	141.6	124.7	116.3	122.6	91.6	102.8	106.6	111.6	91.2	85.5	83.8	98.3	71.6	58.5	55.6	77.6	54.3	58.3	31.0	46.3	52.8	-	-

Non-Operating
Interest Income	17.5	19.2	20.3	15.0	13.8	14.8	16.7	21.5	21.1	21.0	17.9	15.6	12.9	-	-	-	-	-	-	-	-	-	-	-	0.7	0.7	0.6	0.2	0.9	0.7	-	-
Interest Expense	0.6	0.4	0.5	0.4	0.6	0.6	1.4	0.5	1.7	0.7	0.5	0.5	0.4	-	-	-	-	-
Income From Equity Investments	(0.4)	-	-	-	0.0	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(1.2)	207.1	39.4	12.7	4.2	(1.1)	0.0	0.0	0.0	(11.1)	(1.9)	(0.5)	0.3	-	-	-	-
Pre-Tax Income	302.9	456.7	269.6	227.1	221.6	210.2	173.7	183.5	187.0	141.3	140.3	131.0	135.4	112.6	106.2	107.1

Tax & Net
Income Tax Expense	69.8	89.6	59.1	51.5	53.3	50.3	43.5	47.0	43.6	37.6	28.7	29.0	33.2	13.6	24.7	25.5	13.7	43.5	19.9	17.2	16.3	16.2	11.1	12.9	15.8	30.9	10.3	6.3	4.8	7.5	-	-
Net Income From Continuing Ops	233.2	367.1	210.5	175.5	168.3	159.9	130.2	136.4	143.4	103.7	111.6	101.9	102.2	99.0	81.6	81.6	97.4
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	233.2	367.1	210.5	175.5	168.3	159.9	130.2	136.4	143.4	103.7	111.6	101.9	102.2	99.0	81.6	81.6	97.4
Net Income Attributable To Parent	205.3	325.0	185.6	153.8	148.4	142.2	113.9	119.2	126.1	89.3	98.6	89.1	87.9	88.9	69.1	68.3
Less: Minority Interest	27.9	42.1	24.9	21.7	19.9	17.7	16.3	17.2	17.2	14.4	13.0	12.9	14.3	10.1	12.5	13.3	14.5
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	205.2	324.7	185.5	153.7	148.3	142.1	113.8	119.2	126.0	89.2	98.5	89.0	87.7	88.8	69.0

Per Share
EPS Basic	0.96	-	0.87	0.72	0.70	-	0.53	0.56	0.59	-	0.47	0.42	0.42	-	0.34	0.33	0.41	-	0.27	0.27	0.34	-	0.20	0.17	0.26	-	0.21	0.09	-	-	-	-
EPS Diluted	0.96	-	0.86	0.71	0.69	-	0.53	0.55	0.59	-	0.46	0.42	0.42	-	0.33	0.33	0.40	-
Shares Basic	212.7	-	213.4	213.3	213.1	-	213.2	213.2	212.7	-	211.6	211.6	208.1	-	205.7	204.5	204.1	-
Shares Diluted	213.3	-	215.0	215.0	214.9	-	215.1	214.9	214.7	-	213.5	213.2	210.1	-	208.3	207.3	207.5	-

Supplementary Data
EBITDA	348.0	281.1	274.7	262.9	266.8	251.4	217.2	212.4	217.0	189.1	171.3	162.2	168.0	136.4	147.6	151.4	156.1	134.8	130.4	125.7	139.3	111.4	97.4	93.6	114.8	90.7	93.4	65.2	79.8	69.2	-	-
EBIT	287.3	221.0	210.4	199.9	204.1	188.5	159.3	162.5	167.7	141.6	124.7	116.3	122.6	91.6	102.8	106.6	111.6	91.2	85.5