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.
Tradeweb Markets (TW) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.76 per share a year ago.
Tradeweb (TW) doesn't possess 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 ETF marketplace amounted to EUR 60.3 billion in December. European equities remained the most actively traded ETF asset class in December, comprising 66% of the overall platform flow. Total consolidated U.S. ETF notional value traded in December reached USD 73.8 billion.
Tradeweb Markets Inc. (TW) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript
Trading activity on the Tradeweb European ETF marketplace amounted to EUR 72.8 billion in October. In October, equities remained the most actively traded ETF asset class, comprising 63% of the overall platform flow. Total consolidated U.S. ETF notional value traded in October reached USD 91.3 billion.
Tradeweb Markets is a leading electronic trading platform, well-positioned to benefit from the ongoing shift toward trading automation in financial markets. TW has demonstrated strong revenue growth, expanding margins, and robust international performance, supported by innovative products like AiEX and strategic acquisitions. While recent growth has slowed due to market headwinds, TW maintains high profitability, strong free cash flow, and expects continued double-digit revenue growth.
While the top- and bottom-line numbers for Tradeweb (TW) give a sense of how the business performed in the quarter ended September 2025, 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 $0.87 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.75 per share a year ago.