TW Earnings Date: Feb 4, 2027 (Estimated) — Tradeweb Markets Inc.
NASDAQ · Financials · Financial - Capital Markets
Updated
When is TW's next earnings date?
Tradeweb Markets Inc. (TW) is expected to report Q4 2026 earnings on Thursday, February 4, 2027 at 7:00 AM ET (before market open); the date is an estimate and has not been confirmed by the company. The consensus estimate is EPS of $1.01 on revenue of $587.7M.
How did TW do in its last earnings report?
In its most recent report on Oct 29, 2026 (Q3 2026), Tradeweb Markets Inc. posted EPS of $1.02 versus the $1.01 estimate, a beat of 1.0%. Revenue was $584.5M against a $584.7M estimate. The stock's 1-day post-earnings move was -0.8%.
How much does TW stock move after earnings?
TW beat EPS estimates in 7 of its last 8 reported quarters. Over the last 8 reports the stock moved an average of 4.1% (up or down) in the day after earnings.
About Tradeweb Markets Inc.
Tradeweb Markets Inc. is a global provider that develops and manages sophisticated electronic trading platforms across the Americas, Europe, the Middle East, Africa, and Asia Pacific. These digital venues facilitate transactions in a diverse array of financial instruments, including fixed income (rates and credit), money market products, and equities. The company offers a comprehensive range of services, encompassing pre-trade analytics and data, efficient trade execution, and streamlined processing. It also delivers valuable post-trade data insights, analytical tools, and detailed reporting solutions. Tradeweb caters to a broad spectrum of market participants. It provides flexible order management and trading systems for institutional investors, operating in 45 distinct financial markets and supporting 25 different currencies. Through its Dealerweb platform, it offers a mix of electronic, voice, and hybrid trading solutions to roughly 300 dealers and financial institutions. Furthermore, the Tradeweb Direct platform is specifically designed to serve financial advisory firms and individual traders. With a substantial client network of approximately 2,500 entities, Tradeweb serves the institutional, wholesale, and retail sectors. Its extensive client base includes asset managers, hedge funds, insurance providers, central banks, commercial banks, securities dealers, proprietary trading firms, retail brokerage houses, financial advisory practices, and regional dealers. Tradeweb Markets Inc. was established in 1996, with its corporate headquarters located in New York, New York. The company operates as a subsidiary of Refinitiv Parent Limited.
🤖 AI Earnings Analysis
Tradeweb’s Q3 was mixed: the electronic capital-markets platform delivered 14.9% revenue growth to $585M, matching consensus, while EPS rose 17% to $1.02, a modest $0.01 beat.
AI-generated summary — powered by BigEarnings.
Earnings History
| Date | Period | EPS Est. | EPS Act. | Surprise | Revenue | Result | 1D Δ | 1W Δ | 1M Δ |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-29 | Q3 2026 | 1.01 | 1.02 | +0.99% | $584.5M | ✅ Beat | -0.78% | — | — |
| 2026-07-30 | Q2 2026 | 0.96 | 0.97 | +1.04% | $558.9M | ✅ Beat | -9.60% | -5.41% | -0.07% |
| 2026-04-29 | Q1 2026 | 1.06 | 1.08 | +1.89% | $617.8M | ✅ Beat | +5.12% | -1.92% | -11.32% |
| 2026-02-05 | Q4 2025 | 0.85 | 0.87 | +2.35% | $521.2M | ✅ Beat | +8.64% | +14.09% | +23.72% |
| 2025-10-30 | Q3 2025 | 0.83 | 0.87 | +4.82% | $508.6M | ✅ Beat | -1.22% | -0.97% | +3.24% |
| 2025-07-30 | Q2 2025 | 0.86 | 0.87 | +1.16% | $513.0M | ✅ Beat | +5.65% | +1.61% | -8.84% |
| 2025-04-30 | Q1 2025 | 0.86 | 0.86 | +0.00% | $509.7M | ➖ Inline | +0.67% | +4.34% | +4.39% |
| 2025-02-06 | Q4 2024 | 0.74 | 0.76 | +2.70% | $463.3M | ✅ Beat | -1.41% | +1.38% | +6.52% |
Showing last 8 quarters.
Revenue by segment & region
By segment
Q3 FY26 · $584.5M total
| Segment | Share | Revenue | YoY | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|---|---|---|---|
| Transaction Fee Revenue | 84.1% | $491.8M | +16.7% | $421.3M | $429.8M | $421.3M | $428.0M |
| Subscription Fee Revenue | 10.5% | $61.4M | +1.0% | $55.8M | $57.4M | $60.8M | $60.0M |
| Market Data Revenue | 4.5% | $26.5M | +29.2% | $28.9M | $20.6M | $20.5M | $23.2M |
| Financial Service, Other | 0.8% | $4.8M | -19.0% | $3.6M | $5.2M | $5.9M | $10.0M |
By region
Q3 FY26 · $584.5M total
| Segment | Share | Revenue | YoY | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|---|---|---|---|
| UNITED STATES | 55.8% | $326.0M | +9.6% | $297.9M | $297.8M | $297.4M | $300.9M |
| Non-US | 44.2% | $258.5M | +22.4% | $211.8M | $215.2M | $211.2M | $220.2M |
Source: company filings via FMP. YoY compares the same fiscal period a year earlier.