Tradeweb Markets Inc. (TW) FY2026 Q2 Balance Sheet

Tradeweb Markets Inc. (TW) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

8,250,843,000 US dollars

Liabilities

912,689,000 US dollars

Equity

7,338,154,000 US dollars

Noncontrolling interest

703,623,000 US dollars. Included in consolidated equity; this amount is not added again.

Goodwill

3,150,112,000 US dollars

Cash and cash equivalents

2,057,929,000 US dollars

Intangible assets, net of accumulated amortization

1,089,848,000 US dollars

Deferred tax asset

570,156,000 US dollars

Accounts receivable, net of allowance for credit losses of $209 and $587 at June 30, 2026 and December 31, 2025, respectively

309,368,000 US dollars

Digital assets and other investments at fair value

291,587,000 US dollars

Software development costs, net of accumulated amortization

258,884,000 US dollars

Other assets

237,582,000 US dollars

Lease right-of-use assets

129,651,000 US dollars

Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization

80,742,000 US dollars

Deposits with clearing organizations

55,477,000 US dollars

Receivable from brokers and dealers and clearing organizations

11,491,000 US dollars

Receivable and due from related parties

7,016,000 US dollars

Restricted cash

1,000,000 US dollars

Tax receivable agreement liability

317,495,000 US dollars

Accounts payable, accrued expenses and other liabilities

175,244,000 US dollars

Accrued compensation

158,766,000 US dollars

Lease liabilities

150,337,000 US dollars

Deferred tax liability

53,670,000 US dollars

Deferred revenue

38,368,000 US dollars

Payable and due to related parties

11,160,000 US dollars

Payable to brokers and dealers and clearing organizations

7,649,000 US dollars

Additional paid-in capital

4,931,516,000 US dollars

Retained earnings

1,687,101,000 US dollars

Accumulated other comprehensive income (loss)

15,912,000 US dollars

Common stock, value - Class A Common Stock

1,000 US dollars

Common stock, value - Class B Common Stock

1,000 US dollars

Common stock, value - Class D Common Stock

0 US dollars

Common stock, value - Class C Common Stock

0 US dollars

Preferred stock, $0.00001 par value; 250,000,000 shares authorized; none issued or outstanding

0 US dollars

Non-controlling interests

703,623,000 US dollars

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.