Tradeweb Markets

At a glance

Tradeweb Markets reported 2025 revenue of $2.05B, up 18.9% from $1.73B in 2024. Over 4 years since 2021 ($1.08B), that is growth of about 17.5% a year. Operating margin was 40.7%, up from 33.3% in 2021. 2025 was the highest revenue year in this period.

In the last 12 months 8 insiders reported 0 open-market purchases and 17 sales ($44.6M). 16 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $14M by Chief Executive Officer William Hult on Feb 12, 2026.

Tradeweb Markets filed 7 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), material agreement (2), unregistered equity sale (1) and change to holders’ rights (1). It reported a material agreement or a completed acquisition or disposal 2 times.

3 of the 20 investors tracked here held Tradeweb Markets at the last quarter end, worth $63.7M combined. It is the largest weight for Viking Global Investors (0.1% of its portfolio), followed by Renaissance Technologies (0%). New this quarter: Viking Global Investors. Added: National Pension Service (Korea). Reduced: Renaissance Technologies.

Annual results

Fiscal year ends Dec 31 · incorporated in DE

Tracked investors holding (13F)

Weight is the share of each investor's portfolio, as of the quarter end.