Tradeweb Markets (TW) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.97
- EPS estimate
- $0.94
- EPS surprise
- +3.03%
- Revenue surprise
- −0.04%
- Revenue
- $558.9M
- Revenue estimate
- $559.2M
- Reported
- Jul 30, 2026
Tradeweb reported Q2 2026 results on July 30, 2026. Earnings per share were $0.97, ahead of the $0.94 estimate by 3.03%. Revenue was $558.9 million, almost exactly matching the $559.2 million consensus. Compared with Q2 2025, EPS rose about 11% from $0.87 and revenue rose about 9% from $513.0 million. Both were below Q1 2026, which set the highs in the table at $1.08 per share and $617.8 million.
The record shows steady growth. Annual EPS climbed from $1.89 in 2022 to $2.25 in 2023, $2.92 in 2024 and $3.47 in 2025. The first half of 2026 adds up to $2.05, about 18% more than the first half of 2025. Quarterly revenue has more than doubled across the table, from $265.3 million in Q3 2021. Tradeweb beat the EPS estimate in 17 of the last 20 quarters, usually by small margins. Each of the three misses was 1.19% or less.
Tradeweb reported Q3 results between October 26 and October 30 in each of the past five years. That points to late October 2026 for the next report. It will show whether year-over-year growth holds after Q2's slower pace.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 30, 2026 | $0.94 | $0.97 | +3.03% | $558.9M | SEC |
| Q1 2026 | Apr 29, 2026 | $1.06 | $1.08 | +1.48% | $617.8M | SEC |
| Q4 2025 | Feb 5, 2026 | $0.85 | $0.87 | +2.59% | $521.2M | SEC |
| Q3 2025 | Oct 30, 2025 | $0.83 | $0.87 | +4.88% | $508.6M | SEC |
| Q2 2025 | Jul 30, 2025 | $0.86 | $0.87 | +1.22% | $513.0M | SEC |
| Q1 2025 | Apr 30, 2025 | $0.86 | $0.86 | +0.51% | $509.7M | SEC |
| Q4 2024 | Feb 6, 2025 | $0.74 | $0.76 | +2.05% | $463.3M | SEC |
| Q3 2024 | Oct 30, 2024 | $0.75 | $0.75 | −0.35% | $448.9M | SEC |
| Q2 2024 | Jul 25, 2024 | $0.70 | $0.70 | +0.70% | $405.0M | SEC |
| Q1 2024 | Apr 25, 2024 | $0.71 | $0.71 | +0.51% | $408.7M | SEC |
| Q4 2023 | Feb 6, 2024 | $0.64 | $0.64 | +0.42% | $370.0M | SEC |
| Q3 2023 | Oct 26, 2023 | $0.55 | $0.55 | +0.47% | $328.4M | SEC |
| Q2 2023 | Jul 27, 2023 | $0.50 | $0.52 | +3.54% | $310.6M | SEC |
| Q1 2023 | Apr 27, 2023 | $0.54 | $0.54 | +0.77% | $329.2M | SEC |
| Q4 2022 | Feb 2, 2023 | $0.46 | $0.49 | +6.57% | $293.0M | SEC |
| Q3 2022 | Oct 27, 2022 | $0.43 | $0.45 | +3.62% | $287.1M | SEC |
| Q2 2022 | Aug 3, 2022 | $0.46 | $0.47 | +2.55% | $297.1M | SEC |
| Q1 2022 | Apr 28, 2022 | $0.49 | $0.48 | −1.19% | $311.5M | SEC |
| Q4 2021 | Feb 3, 2022 | $0.42 | $0.42 | +0.10% | $276.9M | SEC |
| Q3 2021 | Oct 28, 2021 | $0.39 | $0.39 | −0.05% | $265.3M | SEC |
Quarterly revenue
Frequently asked questions
When did Tradeweb Markets (TW) last report earnings?
Tradeweb Markets last reported on Jul 30, 2026, covering fiscal Q2 2026.
Did TW beat earnings estimates?
Yes. Tradeweb Markets reported EPS of $0.97 for Q2 2026 against a $0.94 estimate — a 3.03% beat.
How much revenue did TW report last quarter?
Tradeweb Markets reported $558.9M in revenue for Q2 2026, against a consensus estimate of $559.2M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
