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Tradeweb Markets Inc. income statement

In fiscal 2025, Tradeweb Markets Inc. reported revenue of $2.05bn, up 18.9% on the year before, operating income of $835m (a 40.7% margin) and net income of $813m, or $3.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Tradeweb Markets Inc.: income statement, annual
Fiscal year2017Dec 20172019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue5047768931,0761,1891,3381,7262,0522,282
Operating income891902633594135056788351,007
Interest expense————22422
Net interest income—2−0−21265———
Income before tax902252743704375487541,1751,320
Income tax652569778128184253288
Net income8484166227309365502813909
Diluted EPS—$0.54$0.88$1.09$1.48$1.71$2.33$3.78$4.27
Diluted shares (average)216m157m188m207m208m213m215m215m213m
EBITDA1583294175305916918981,0861,252

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Tradeweb Markets Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Tradeweb Markets Inc.