Tradeweb Markets Inc. (NASDAQ: TW) shares gained Wednesday. The company claiming to be a global leader in electronic trading across asset classes today reported financial results for the quarter ended March 31, 2026.
Revenues were $617.8 million, an increase of 21.2% (17.5% on a constant currency basis) compared to prior year period
Average daily volume was $3.3 trillion for the quarter, an increase of 31.4% compared to prior year period; quarterly ADV records in U.S. and European government bonds, mortgages, swaps/swaptions = one-year and < one-year, futures, fully electronic U.S. high grade and high yield credit, electronically processed U.S. high grade credit, European credit, credit derivatives, U.S. and international ETFs, repurchase agreements and other money markets
Net income proved to be $233.2 million, with adjusted net income and $255.1 million, increases of 38.5% and 24.0%, respectively, from prior year period.
EBITDA margins were 55.0% and $339.7 million adjusted EBITDA for the quarter, compared to 54.6% and $278.2 million respectively for prior year period.
Said CEO Billy Hult, “The record quarterly revenue and volumes we delivered underscore the strength of our global, multi-asset platform and the continued structural shift toward electronic trading.
“We saw strong momentum in international client engagement and adoption, alongside accelerating use of automated trading workflows, as clients increasingly turned to electronic solutions — particularly amid heightened global volatility in March.”
TW shares hiked 76 cents to $113.12.
Tech Insider
