Income Statement
TRADEWEB MARKETS INC.
TW
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY |
|---|---|---|---|---|---|---|---|
|
Revenue
|
2,052.43 | 1,725.95 | 65.35 | 11.91 | 1,076.45 | 892.66 | 775.57 |
|
Cost of Revenue
|
- | - | - | - | - | - | - |
|
Gross Profit
|
2,052.43 | 1,725.95 | 1,338.22 | 1,188.78 | 1,076.45 | 892.66 | 775.57 |
|
Operating Expenses
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|
Research & Development
|
- | - | - | - | - | - | - |
|
Selling, General & Administrative
|
670.83 | 592.69 | 460.31 | 432.42 | 407.26 | 349.66 | 329.46 |
|
Other Operating Expenses
|
- | - | - | - | - | - | - |
|
Operating Income
|
2,052.43 | 1,725.95 | 1,338.22 | 1,188.78 | 1,076.45 | 892.66 | 775.57 |
|
Non-Operating Income
|
877.46 | 971.55 | 790.22 | 751.65 | 706.45 | 618.16 | 550.24 |
|
Interest Income
|
68.41 | 74.04 | - | - | - | - | 2.37 |
|
Interest Expense
|
- | - | - | - | - | - | - |
|
Other Non-Op Income / Expense
|
263.38 | -1.11 | -13.12 | - | - | - | - |
|
Income Before Tax
|
1,174.97 | 754.40 | 548.00 | 437.13 | 370.00 | 274.50 | 225.33 |
|
Income Tax Expense
|
362.18 | 252.90 | 183.13 | 127.80 | 143.17 | 108.20 | 141.56 |
|
Non-Controlling Interest
|
108.71 | 68.46 | 54.64 | 50.28 | 46.28 | 52.09 | 46.90 |
|
Net Income
|
812.79 | 501.51 | 364.87 | 309.34 | 226.83 | 166.30 | 83.77 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY |
|---|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - | - |
|
EBITDA
|
2,302.62 | 1,945.95 | 1,523.57 | 1,367.66 | 1,247.76 | 1,046.45 | 914.90 |
|
Earnings Per Share (Basic)
|
3.81 | 2.35 | 1.73 | 1.50 | 1.13 | 0.92 | 0.57 |
|
Diluted EPS
|
3.78 | 2.33 | 1.71 | 1.48 | 1.09 | 0.88 | 0.54 |
|
Weighted Average Shares
|
213.21 | 213.03 | 210.80 | 205.58 | 201.42 | 180.41 | 222.22 |
|
Diluted Weighted Avg Shares
|
214.90 | 214.92 | 212.67 | 208.40 | 207.25 | 188.22 | 223.32 |
|
Comprehensive Income
|
833.68 | 496.92 | 369.72 | 297.93 | 224.03 | 169.39 | 85.21 |