Tradeweb Markets Inc. (TW) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Tradeweb (TW) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Tradeweb Markets (TW) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.86 per share a year ago.
Tradeweb (TW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Trading activity on the Tradeweb European-listed ETF marketplace reached a record EUR 112.3 billion in March 2026, beating April 2025's previous best performance by EUR 14.2 billion. Total consolidated U.S. ETF notional value traded in March 2026 was a record USD 130.1 billion, up USD 11.6 billion from April 2025. Half of March's ten most actively traded ETFs were stock-based, with the Vanguard 500 Index Fund ETF holding on to the top spot for the fifth consecutive month.
Trading activity on the Tradeweb European-listed ETF marketplace reached EUR 81.3 billion in February. All European ETF asset classes saw net buying in February, particularly commodities, where ‘buys' surpassed ‘sells' by 24 percentage points. Total consolidated U.S. ETF notional value traded in February reached USD 90.7 billion.
Tradeweb Markets Inc. (TW) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript
Trading activity on the Tradeweb European-listed ETF marketplace amounted to EUR 86.3 billion in January, the platform's second-best performance since its launch in October 2012. Both European equity and fixed income ETFs saw net buying during the month. In contrast, ‘sells' in commodity-based products surpassed ‘buys' by 30 percentage points. Total consolidated U.S. ETF notional value traded in January reached USD 95.4 billion.
Tradeweb Markets remains a buy as activity levels and automation drive deeper client integration and sustained growth. Q4 2025 saw revenue up 12.5% y/y and adj. EBITDA margin expands to 53.2%, with robust volume growth in rates and derivatives. Early 2026 data shows continued double-digit average daily volume growth, supporting high-teens growth expectations and challenging market pessimism.
Tradeweb Markets Inc. (TW) Presents at UBS Financial Services Conference 2026 Transcript
Tradeweb Markets Inc. (TW) Q4 2025 Earnings Call Transcript
While the top- and bottom-line numbers for Tradeweb (TW) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.