Tradeweb Markets Inc. (TW) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Basis of Pricing
2026-04-01 to 2026-06-30
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Tradeweb Markets Inc. (TW) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenue
- 558,946,000 US dollars
- Total expenses
- 313,684,000 US dollars
- Operating income
- 245,262,000 US dollars
- Other income (expense), net (calculated)
- 24,924,000 US dollars
- Income before taxes
- 270,186,000 US dollars
- Provision for income taxes
- 63,500,000 US dollars
- Net income
- 206,686,000 US dollars
- Variable
- 417,160,000 US dollars
- Fixed
- 141,786,000 US dollars
- Employee compensation and benefits
- 172,462,000 US dollars
- Depreciation and amortization
- 61,487,000 US dollars
- Technology and communications
- 41,976,000 US dollars
- General and administrative
- 16,616,000 US dollars
- Professional fees
- 12,765,000 US dollars
- Occupancy
- 8,378,000 US dollars
Chart connections
- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Tradeweb Markets Inc.: $181.32 M; to noncontrolling interests: $25.37 M.

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Operating margin
43.9%
Operating profit / revenue
Cash conversion
190.7%
Operating cash / net income, same period
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