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What changed in Tradeweb Markets Inc.'s latest annual report

In the year ended 31 Dec 2025, Tradeweb Markets Inc.'s revenue rose 18.9% to USD 2.05bn, from USD 1.73bn; net income rose 62.1% to USD 812.79m, from USD 501.51m; cash and cash equivalents rose 55.5% to USD 2.08bn, from USD 1.34bn.

Year ended 31 Dec 2025. Source: 10-K filed 5 Feb 2026, read it on SEC EDGAR.

USD 1.73bn to USD 2.05bn

Revenue, up 18.9% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue1.73bn2.05bnUp 18.9%
Net income501.51m812.79mUp 62.1%
Total assets7.27bn8.19bnUp 12.7%
Total liabilities869.11m1.00bnUp 15.1%
Cash and cash equivalents1.34bn2.08bnUp 55.5%
Shareholders' equity5.80bn6.51bnUp 12.2%

Questions people ask

Did Tradeweb Markets Inc.'s revenue grow last year?

Revenue grew 18.9%, from USD 1.73bn to USD 2.05bn in the year ended 31 Dec 2025.

Is Tradeweb Markets Inc. profitable?

Yes. Net income was USD 812.79m in the year ended 31 Dec 2025. The year before: USD 501.51m.

How much cash and debt does Tradeweb Markets Inc. have?

At its latest year end (31 Dec 2025), Tradeweb Markets Inc. reported cash and cash equivalents of USD 2.08bn.

Where do these numbers come from?

From Tradeweb Markets Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Tradeweb Markets Inc. (TW) 10-K: what changed year on year | LYNORIQ Insights