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10-Q Filing

TRADEWEB MARKETS INC. CIK: 1758730 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0001758730-22-000024
Period End Date 20220930
Filing Date 20221027
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance tw-20220930_htm.xml
Balance Sheet 80 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for credit losses AllowanceForDoubtfulAccountsReceivable $273.00K USD Point-in-time
Accounts receivable, allowance for credit losses AllowanceForDoubtfulAccountsReceivable $176.00K USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare - USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.11B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $972.05M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 250.00M shares Point-in-time
Restricted cash RestrictedCash $1.00M USD Point-in-time
Restricted cash RestrictedCash $1.00M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 250.00M shares Point-in-time
Receivable from brokers and dealers and clearing organizations ReceivablesFromBrokersDealersAndClearingOrganizations $856.00K USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Receivable from brokers and dealers and clearing organizations ReceivablesFromBrokersDealersAndClearingOrganizations - USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Deposits with clearing organizations DepositsWithClearingOrganizationsAndOthersSecurities $25.21M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Deposits with clearing organizations DepositsWithClearingOrganizationsAndOthersSecurities $20.52M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accounts receivable, net of allowance for credit losses of $176 and $273 at September 30, 2022 and December 31, 2021, respectively AccountReceivableExcludingReceivableFromBrokersAndDealersAndClearingOrganizationsNetOfAllowance $129.94M USD Point-in-time
Accounts receivable, net of allowance for credit losses of $176 and $273 at September 30, 2022 and December 31, 2021, respectively AccountReceivableExcludingReceivableFromBrokersAndDealersAndClearingOrganizationsNetOfAllowance $150.20M USD Point-in-time
Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization PropertyPlantAndEquipmentNet $31.06M USD Point-in-time
Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization PropertyPlantAndEquipmentNet $33.43M USD Point-in-time
Lease right-of-use assets OperatingLeaseRightOfUseAsset $25.60M USD Point-in-time
Lease right-of-use assets OperatingLeaseRightOfUseAsset $20.50M USD Point-in-time
Software development costs, net of accumulated amortization CapitalizedComputerSoftwareNet $144.69M USD Point-in-time
Software development costs, net of accumulated amortization CapitalizedComputerSoftwareNet $156.20M USD Point-in-time
Goodwill Goodwill $2.78B USD Point-in-time
Goodwill Goodwill $2.78B USD Point-in-time
Intangible assets, net of accumulated amortization IntangibleAssetsNetExcludingGoodwill $1.10B USD Point-in-time
Intangible assets, net of accumulated amortization IntangibleAssetsNetExcludingGoodwill $1.18B USD Point-in-time
Receivable from affiliates DueFromAffiliates $3.31M USD Point-in-time
Receivable from affiliates DueFromAffiliates $8.89M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $618.97M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $676.71M USD Point-in-time
Other assets OtherAssets $76.36M USD Point-in-time
Other assets OtherAssets $79.90M USD Point-in-time
Total assets Assets $5.99B USD Point-in-time
Total assets Assets $6.14B USD Point-in-time
Payable to brokers and dealers and clearing organizations PayablesToBrokerDealersAndClearingOrganizations $855.00K USD Point-in-time
Payable to brokers and dealers and clearing organizations PayablesToBrokerDealersAndClearingOrganizations - USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrentAndNoncurrent $154.82M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrentAndNoncurrent $123.53M USD Point-in-time
Deferred revenue ContractWithCustomerLiability $28.57M USD Point-in-time
Deferred revenue ContractWithCustomerLiability $24.93M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $38.83M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $37.38M USD Point-in-time
Lease liabilities OperatingLeaseLiability $24.33M USD Point-in-time
Lease liabilities OperatingLeaseLiability $28.67M USD Point-in-time
Payable to affiliates DueToAffiliateCurrentAndNoncurrent $4.86M USD Point-in-time
Payable to affiliates DueToAffiliateCurrentAndNoncurrent $4.81M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $21.01M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $19.88M USD Point-in-time
Tax receivable agreement liability TaxReceivableAgreementLiability $439.35M USD Point-in-time
Tax receivable agreement liability TaxReceivableAgreementLiability $412.45M USD Point-in-time
Total liabilities Liabilities $681.24M USD Point-in-time
Total liabilities Liabilities $683.03M USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.00001 par value; 250,000,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock, $0.00001 par value; 250,000,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.40B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $4.54B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.60M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-21.60M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $242.62M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $348.33M USD Point-in-time
Total stockholders equity attributable to Tradeweb Markets Inc. StockholdersEquity $4.65B USD Point-in-time
Total stockholders equity attributable to Tradeweb Markets Inc. StockholdersEquity $4.87B USD Point-in-time
Non-controlling interests MinorityInterest $584.68M USD Point-in-time
Non-controlling interests MinorityInterest $663.35M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.45B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.37B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.29B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.17B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.25B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.31B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $5.99B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $6.14B USD Point-in-time
Income Statement 80 line items
Line Item Tag Value Unit Period
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $895.74M USD 3 Qtrs
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $265.32M USD 1 Quarter
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $799.56M USD 3 Qtrs
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $287.12M USD 1 Quarter
Employee compensation and benefits LaborAndRelatedExpense $300.11M USD 3 Qtrs
Employee compensation and benefits LaborAndRelatedExpense $330.60M USD 3 Qtrs
Employee compensation and benefits LaborAndRelatedExpense $102.72M USD 1 Quarter
Employee compensation and benefits LaborAndRelatedExpense $98.04M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $127.66M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $44.82M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $44.78M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $134.00M USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $48.63M USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $16.82M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $14.75M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $42.25M USD 3 Qtrs
General and administrative OtherGeneralAndAdministrativeExpense $9.56M USD 1 Quarter
General and administrative OtherGeneralAndAdministrativeExpense $21.81M USD 3 Qtrs
General and administrative OtherGeneralAndAdministrativeExpense $6.89M USD 1 Quarter
General and administrative OtherGeneralAndAdministrativeExpense $24.81M USD 3 Qtrs
Professional fees ProfessionalFees $8.90M USD 1 Quarter
Professional fees ProfessionalFees $25.83M USD 3 Qtrs
Professional fees ProfessionalFees $28.99M USD 3 Qtrs
Professional fees ProfessionalFees $9.40M USD 1 Quarter
Occupancy OccupancyNet $11.10M USD 3 Qtrs
Occupancy OccupancyNet $10.86M USD 3 Qtrs
Occupancy OccupancyNet $3.73M USD 1 Quarter
Occupancy OccupancyNet $3.70M USD 1 Quarter
Total expenses CostsAndExpenses $531.92M USD 3 Qtrs
Total expenses CostsAndExpenses $184.31M USD 1 Quarter
Total expenses CostsAndExpenses $574.72M USD 3 Qtrs
Total expenses CostsAndExpenses $179.80M USD 1 Quarter
Operating income OperatingIncomeLoss $85.53M USD 1 Quarter
Operating income OperatingIncomeLoss $102.81M USD 1 Quarter
Operating income OperatingIncomeLoss $267.65M USD 3 Qtrs
Operating income OperatingIncomeLoss $321.02M USD 3 Qtrs
Net interest income (expense) InterestIncomeExpenseNet $3.51M USD 3 Qtrs
Net interest income (expense) InterestIncomeExpenseNet $3.41M USD 1 Quarter
Net interest income (expense) InterestIncomeExpenseNet $-1.18M USD 3 Qtrs
Net interest income (expense) InterestIncomeExpenseNet $-361.00K USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $106.22M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $324.53M USD 3 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $85.17M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $266.47M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $24.66M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $19.86M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $53.37M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $63.91M USD 3 Qtrs
Net income ProfitLoss $81.60M USD 1 Quarter
Net income ProfitLoss $81.57M USD 1 Quarter
Net income ProfitLoss $81.56M USD 1 Quarter
Net income ProfitLoss $260.61M USD 3 Qtrs
Net income ProfitLoss $97.44M USD 1 Quarter
Net income ProfitLoss $65.31M USD 1 Quarter
Net income ProfitLoss $213.10M USD 3 Qtrs
Net income ProfitLoss $66.23M USD 1 Quarter
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $40.22M USD 3 Qtrs
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $12.48M USD 1 Quarter
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $35.16M USD 3 Qtrs
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $10.54M USD 1 Quarter
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $54.76M USD 1 Quarter
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $69.08M USD 1 Quarter
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $220.39M USD 3 Qtrs
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $177.94M USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.27 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.08 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.89 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.34 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.26 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.86 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.33 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.06 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 205.72M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 202.24M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 204.77M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 201.03M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 207.75M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 206.91M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 208.20M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 208.33M shares 1 Quarter
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $81.60M USD 1 Quarter
Net income ProfitLoss $81.57M USD 1 Quarter
Net income ProfitLoss $81.56M USD 1 Quarter
Net income ProfitLoss $260.61M USD 3 Qtrs
Net income ProfitLoss $97.44M USD 1 Quarter
Net income ProfitLoss $65.31M USD 1 Quarter
Net income ProfitLoss $213.10M USD 3 Qtrs
Net income ProfitLoss $66.23M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $127.66M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $44.82M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $44.78M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $134.00M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $36.94M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $49.43M USD 3 Qtrs
Deferred taxes DeferredIncomeTaxExpenseBenefit $47.08M USD 3 Qtrs
Deferred taxes DeferredIncomeTaxExpenseBenefit $49.08M USD 3 Qtrs
Receivable from/payable to brokers and dealers and clearing organizations, net IncreaseDecreaseInBrokerageReceivables $1.00K USD 3 Qtrs
Receivable from/payable to brokers and dealers and clearing organizations, net IncreaseDecreaseInBrokerageReceivables $7.00K USD 3 Qtrs
Deposits with clearing organizations IncreaseDecreaseInDepositOtherAssets $5.07M USD 3 Qtrs
Deposits with clearing organizations IncreaseDecreaseInDepositOtherAssets $-5.41M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $25.84M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $29.94M USD 3 Qtrs
Receivable from/payable to affiliates, net IncreaseDecreaseDueFromAffiliates $5.33M USD 3 Qtrs
Receivable from/payable to affiliates, net IncreaseDecreaseDueFromAffiliates $5.17M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-4.75M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $4.43M USD 3 Qtrs
Accrued compensation IncreaseDecreaseInEmployeeRelatedLiabilities $-17.37M USD 3 Qtrs
Accrued compensation IncreaseDecreaseInEmployeeRelatedLiabilities $-26.16M USD 3 Qtrs
Deferred revenue IncreaseDecreaseInDeferredRevenue $6.00M USD 3 Qtrs
Deferred revenue IncreaseDecreaseInDeferredRevenue $3.86M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.39M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-4.13M USD 3 Qtrs
Employee equity compensation payable IncreaseDecreaseInEquityCompensationPayable $-1.90M USD 3 Qtrs
Employee equity compensation payable IncreaseDecreaseInEquityCompensationPayable - USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $386.37M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $424.82M USD 3 Qtrs
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $208.86M USD 3 Qtrs
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 3 Qtrs
Purchases of furniture, equipment, software and leasehold improvements PaymentsToAcquirePropertyPlantAndEquipment $17.96M USD 3 Qtrs
Purchases of furniture, equipment, software and leasehold improvements PaymentsToAcquirePropertyPlantAndEquipment $9.71M USD 3 Qtrs
Capitalized software development costs PaymentsForSoftware $25.81M USD 3 Qtrs
Capitalized software development costs PaymentsForSoftware $27.47M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-45.43M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-244.38M USD 3 Qtrs
Share repurchases pursuant to the Share Repurchase Program PaymentsForRepurchaseOfCommonStock $65.32M USD 3 Qtrs
Share repurchases pursuant to the Share Repurchase Program PaymentsForRepurchaseOfCommonStock $63.68M USD 3 Qtrs
Proceeds from stock-based compensation exercises ProceedsFromStockOptionsExercised $71.98M USD 3 Qtrs
Proceeds from stock-based compensation exercises ProceedsFromStockOptionsExercised $9.68M USD 3 Qtrs
Dividends PaymentsOfOrdinaryDividends $48.36M USD 3 Qtrs
Dividends PaymentsOfOrdinaryDividends $49.36M USD 3 Qtrs
Distributions to non-controlling interests PaymentsOfCapitalDistributionToNoncontrollingInterest $7.60M USD 3 Qtrs
Distributions to non-controlling interests PaymentsOfCapitalDistributionToNoncontrollingInterest $6.97M USD 3 Qtrs
Payroll taxes paid for stock-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $56.57M USD 3 Qtrs
Payroll taxes paid for stock-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $100.25M USD 3 Qtrs
Payments on tax receivable agreement liability PaymentsOnTaxReceivableAgreementLiability $6.85M USD 3 Qtrs
Payments on tax receivable agreement liability PaymentsOnTaxReceivableAgreementLiability $8.99M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-110.44M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-221.86M USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-917.00K USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-19.36M USD 3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $138.18M USD 3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $30.62M USD 3 Qtrs
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $973.05M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $792.28M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.11B USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $822.90M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $973.05M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $792.28M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.11B USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $822.90M USD Point-in-time
Income taxes paid, net of (refunds) IncomeTaxesPaidNet $1.10M USD 3 Qtrs
Income taxes paid, net of (refunds) IncomeTaxesPaidNet $10.99M USD 3 Qtrs
Furniture, equipment, software and leasehold improvement additions included in accounts payable CapitalExpendituresIncurredButNotYetPaid - USD 3 Qtrs
Furniture, equipment, software and leasehold improvement additions included in accounts payable CapitalExpendituresIncurredButNotYetPaid $702.00K USD 3 Qtrs
Other - See Note 9 NoncashFinancingActivitiesOther $1.62M USD 3 Qtrs
Other - See Note 9 NoncashFinancingActivitiesOther - USD 3 Qtrs
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.11B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $972.05M USD Point-in-time
Restricted cash RestrictedCash $1.00M USD Point-in-time
Restricted cash RestrictedCash $1.00M USD Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $973.05M USD Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $792.28M USD Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.11B USD Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $822.90M USD Point-in-time
Stockholders Equity 84 line items
Line Item Tag Value Unit Period
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.45B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.37B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.29B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.17B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.25B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.02B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.31B USD Point-in-time
Activities related to exchanges of LLC Interests StockIssuedDuringPeriodValueConversionOfConvertibleSecurities - USD 1 Quarter
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo $-71.59M USD 1 Quarter
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo $-27.74M USD 1 Quarter
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo $10.46M USD 1 Quarter
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo $-1.48M USD 1 Quarter
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo $-38.68M USD 1 Quarter
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo $-7.45M USD 1 Quarter
Issuance of common stock from equity incentive plans StockIssuedDuringPeriodValueNewIssues $4.44M USD 1 Quarter
Share repurchases pursuant to the Share Repurchase Program StockRepurchasedDuringPeriodValue $12.00M USD 1 Quarter
Share repurchases pursuant to the Share Repurchase Program StockRepurchasedDuringPeriodValue $9.00M USD 1 Quarter
Share repurchases pursuant to the Share Repurchase Program StockRepurchasedDuringPeriodValue $47.32M USD 1 Quarter
Share repurchases pursuant to the Share Repurchase Program StockRepurchasedDuringPeriodValue $51.68M USD 1 Quarter
Share repurchases pursuant to the Share Repurchase Program StockRepurchasedDuringPeriodValue $9.00M USD 1 Quarter
Adjustments to non-controlling interests MinorityInterestIncreaseDecreaseFromAdjustments - USD 1 Quarter
Adjustments to non-controlling interests MinorityInterestIncreaseDecreaseFromAdjustments - USD 1 Quarter
Adjustments to non-controlling interests MinorityInterestIncreaseDecreaseFromAdjustments - USD 1 Quarter
Adjustments to non-controlling interests MinorityInterestIncreaseDecreaseFromAdjustments - USD 1 Quarter
Adjustments to non-controlling interests MinorityInterestIncreaseDecreaseFromAdjustments - USD 1 Quarter
Adjustments to non-controlling interests MinorityInterestIncreaseDecreaseFromAdjustments - USD 1 Quarter
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.18M USD 1 Quarter
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.50M USD 1 Quarter
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.97M USD 1 Quarter
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.86M USD 1 Quarter
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.57M USD 1 Quarter
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.49M USD 1 Quarter
Dividends Dividends $16.03M USD 1 Quarter
Dividends Dividends $16.18M USD 1 Quarter
Dividends Dividends $16.65M USD 1 Quarter
Dividends Dividends $16.36M USD 1 Quarter
Dividends Dividends $16.35M USD 1 Quarter
Dividends Dividends $16.14M USD 1 Quarter
Stock-based compensation expense under the Option Plan AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $1.23M USD 1 Quarter
Stock-based compensation expense under the Option Plan AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $766.00K USD 1 Quarter
Stock-based compensation expense under the Option Plan AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $288.00K USD 1 Quarter
Stock-based compensation expense under the Option Plan AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $291.00K USD 1 Quarter
Stock-based compensation expense under the Option Plan AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $1.16M USD 1 Quarter
Stock-based compensation expense under the Option Plan AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $2.24M USD 1 Quarter
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $56.60M USD 3 Qtrs
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $2.22M USD 1 Quarter
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $3.14M USD 1 Quarter
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $45.46M USD 1 Quarter
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $100.30M USD 3 Qtrs
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $2.27M USD 1 Quarter
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $95.76M USD 1 Quarter
Payroll taxes paid for stock-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $7.97M USD 1 Quarter
Net income ProfitLoss $81.60M USD 1 Quarter
Net income ProfitLoss $81.57M USD 1 Quarter
Net income ProfitLoss $81.56M USD 1 Quarter
Net income ProfitLoss $260.61M USD 3 Qtrs
Net income ProfitLoss $97.44M USD 1 Quarter
Net income ProfitLoss $65.31M USD 1 Quarter
Net income ProfitLoss $213.10M USD 3 Qtrs
Net income ProfitLoss $66.23M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-4.10M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-9.68M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-26.18M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-343.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.44M USD 3 Qtrs
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-12.41M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $703.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.80M USD 1 Quarter
Other - See Note 9 StockholdersEquityOther $-1.62M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.45B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.37B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.29B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.17B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.25B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.20B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.02B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.31B USD Point-in-time
Comprehensive Income 52 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $81.60M USD 1 Quarter
Foreign currency translation adjustment, tax benefit OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 3 Qtrs
Net income ProfitLoss $81.57M USD 1 Quarter
Net income ProfitLoss $81.56M USD 1 Quarter
Net income ProfitLoss $260.61M USD 3 Qtrs
Net income ProfitLoss $97.44M USD 1 Quarter
Foreign currency translation adjustment, tax benefit OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 3 Qtrs
Foreign currency translation adjustment, tax benefit OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Net income ProfitLoss $65.31M USD 1 Quarter
Foreign currency translation adjustment, tax benefit OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Net income ProfitLoss $213.10M USD 3 Qtrs
Net income ProfitLoss $66.23M USD 1 Quarter
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-4.10M USD 1 Quarter
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-9.68M USD 1 Quarter
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-26.18M USD 3 Qtrs
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-343.00K USD 1 Quarter
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.44M USD 3 Qtrs
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-12.41M USD 1 Quarter
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $703.00K USD 1 Quarter
Foreign currency translation adjustments, with no tax benefit for each of the three and nine months ended September 30, 2022 and 2021 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.80M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-2.80M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-26.18M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-2.44M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-12.41M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $62.50M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $234.43M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $69.16M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $210.66M USD 3 Qtrs
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $40.22M USD 3 Qtrs
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $12.48M USD 1 Quarter
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $35.16M USD 3 Qtrs
Less: Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $10.54M USD 1 Quarter
Less: Foreign currency translation adjustments attributable to non-controlling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-321.00K USD 3 Qtrs
Less: Foreign currency translation adjustments attributable to non-controlling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-1.52M USD 1 Quarter
Less: Foreign currency translation adjustments attributable to non-controlling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-3.29M USD 3 Qtrs
Less: Foreign currency translation adjustments attributable to non-controlling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $-367.00K USD 1 Quarter
Comprehensive income attributable to Tradeweb Markets Inc. ComprehensiveIncomeNetOfTax $52.33M USD 1 Quarter
Comprehensive income attributable to Tradeweb Markets Inc. ComprehensiveIncomeNetOfTax $175.82M USD 3 Qtrs
Comprehensive income attributable to Tradeweb Markets Inc. ComprehensiveIncomeNetOfTax $58.20M USD 1 Quarter
Comprehensive income attributable to Tradeweb Markets Inc. ComprehensiveIncomeNetOfTax $197.50M USD 3 Qtrs
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $54.76M USD 1 Quarter
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $69.08M USD 1 Quarter
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $220.39M USD 3 Qtrs
Net income attributable to Tradeweb Markets Inc. NetIncomeLoss $177.94M USD 3 Qtrs
Foreign currency translation adjustments attributable to Tradeweb Markets Inc. OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-2.12M USD 3 Qtrs
Foreign currency translation adjustments attributable to Tradeweb Markets Inc. OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-22.89M USD 3 Qtrs
Foreign currency translation adjustments attributable to Tradeweb Markets Inc. OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-10.88M USD 1 Quarter
Foreign currency translation adjustments attributable to Tradeweb Markets Inc. OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-2.44M USD 1 Quarter
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $36.93M USD 3 Qtrs
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.96M USD 1 Quarter
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.18M USD 1 Quarter
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $34.84M USD 3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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