Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

Tradeweb Markets Inc.
Next earnings Jul 30, 2026 · consensus $0.99 EPS, $582M rev
Last earnings +5.1% on 2026-04-29
Tradeweb is a high-margin electronic-trading compounder: revenue +18.9%, net income +62%, fortress balance sheet at a fair 26x.
Sources: SEC EDGAR (CIK 0001758730, latest 10-Q filed 2026-04-29) · EODHD · analysis by claude-code · as of 6/21/2026, 8:41:16 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
Quality fundamentals and an attractive price line up (~44% below fair value) — the rarer case where both the business and the entry look good.
Tradeweb is a structural winner in the secular shift from voice to electronic trading across rates, credit, equities and money markets, serving 3,000+ clients in 85+ countries. FY2025 revenue grew 18.9% to $2.05B while net income jumped 62.1% to $813M and diluted EPS rose 62.2% to $3.78, evidencing powerful operating leverage on a scalable platform. The five-year trajectory is remarkably consistent: revenue compounded from $1.08B (FY2021) to $2.05B (FY2025) and net income from $227M to $813M, the kind of durable, profitable growth that warrants a premium.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.08B | $1.19B | $1.34B | $1.73B | $2.05B |
| Gross profit | — | — | — | — | — |
| Operating income | $359M | $413M | $505M | $678M | $835M |
| Net income | $227M | $309M | $365M | $502M | $813M |
| Diluted EPS | $1.09 | $1.48 | $1.71 | $2.33 | $3.78 |
| Net margin | 21.1% | 26.0% | 27.3% | 29.1% | 39.6% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
1482 tracked peers · median
1 buy · 1 sell · 1 member · last 180d
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Last 90 days: 0 open-market buys · 2 sales
| 2026-06-01 | Peterson Justin Chief Technology Officer | Sell | 21.2K @ $102.00 | $2.16M |
| 2026-05-26 | BERNS STEVEN Director | Sell | 425.00 @ $105.26 | $44.7K |
| 2026-05-19 | Yared Rana Director | Award | 1.65K | |
| 2026-05-19 | AIGRAIN JACQUES Director | Award | 2.67K | |
| 2026-05-19 | Madoff Paula Director | Award | 1.91K | |
| 2026-05-19 | BERNS STEVEN Director | Award | 1.65K | |
| 2026-05-19 | Ganeles Scott Director | Award | 1.65K | |
| 2026-05-19 | Opoku Lisa Director | Award | 1.65K |