Tradeweb Markets Inc

TW: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tradeweb Earnings: Volatile Markets Drive Trading Volume and Revenue Higher

Michael Miller

Jul 30, 2025

Tradeweb posted strong second-quarter results thanks to strong trading volume across its asset classes. Total revenue increased 26.7% from last year to $513 million, although this does include some inorganic growth from the acquisition of ICD in 2024. Diluted EPS rose 29.1% to $0.71 in the quarter.

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Tradeweb Markets Inc

Tradeweb Earnings: Volatile Markets Drive Trading Volume and Revenue Higher

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