What is the current annual net margin of TW?

As of today, TW annual net margin is 44.87%

What is 1-year change in TW annual net margin?

TW annual net margin is up +35.97% year-over-year

What is 3-year change in TW annual net margin?

TW annual net margin is up +48.43% over the past 3 years

How far is TW annual net margin from its all-time high?

TW annual net margin is currently at its all-time high

How does TW annual net margin rank versus sector peers?

TW annual net margin is higher than 95.51% of companies in Financial Services sector

When is TW next annual earnings release?

As of today, the next annual earnings release for TW has not been scheduled

What is the current quarterly net margin of TW?

As of today, TW quarterly net margin is 36.97%

What is TW quarterly net margin most recent change?

TW quarterly net margin was down -2.01% on June 30, 2026

What is 1-year change in TW quarterly net margin?

TW quarterly net margin is up +8.13% year-over-year

How far is TW quarterly net margin from its all-time high?

TW quarterly net margin is currently -47.48% below its historical high of 70.39% set on December 31, 2025

How does TW quarterly net margin rank versus sector peers?

TW quarterly net margin is higher than 93.82% of companies in Financial Services sector

When is TW next earnings release?

The next earnings release for TW is on October 29, 2026

TW Net Margin History & Chart Since 2016

Annual Net Margin

44.87%11.87%+35.97%

December 31, 2025

Summary

Current Value: As of today, TW annual net margin is 44.87%, up +35.97% on December 31, 2025
Historical Performance: TW annual net margin is up +48.43% over the past 3 years, up +83.37% over the past 5 years
All-Time High Comparison: TW annual net margin is currently at its all-time high
3-Year Low Comparison: TW annual net margin is +48.43% above its 3-year low of 30.23% reached on an earlier date
Sector Comparison: TW annual net margin is higher than 95.51% of companies in Financial Services sector

Net Margin Chart

beforeafter

Performance

TW Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	44.87%	+36.0%	+48.4%	+83.4%	+137.0%
Quarterly Net Margin	Jun 30, 26	36.97%	+8.1%	+12.8%	+45.6%	+495.3%
Price	Aug 18, 26	$105.47	-17.6%	+26.6%	+23.0%	–
PE Ratio	Aug 18, 26	25.18	-49.0%	-52.0%	-68.7%	–
Annual Revenue	Dec 31, 25	$2.05B	+18.9%	+72.7%	+129.9%	+317.0%
Annual Net Income	Dec 31, 25	$920.86M	+61.7%	+156.2%	+321.7%	+888.5%
Annual Gross Margin	Dec 31, 25	87.81%	+0.6%	+3.4%	+100.0%	+100.0%
Annual Operating Margin	Dec 31, 25	40.30%	-4.5%	+17.2%	+36.6%	+113.0%

Net Margin Highs

TW Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	44.87%	Dec 31, 25	at high
5Y	44.87%	Dec 31, 25	at high
All	44.87%	Dec 31, 25	at high

Net Margin Lows

TW Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	30.23%	N/A	+48.4%
5Y	24.47%	N/A	+83.4%
All	16.58%	Dec 31, 17	+170.6%

Net Margin History

Year	Value	Change
2025	44.87%	+36.0%
2024	33.00%	+5.4%
2023	31.31%	+3.6%
2022	30.23%	+19.2%
2021	25.37%	+3.7%

Year	Value	Change
2020	24.47%	+45.2%
2019	16.85%	-30.5%
2018	24.25%	+46.3%
2017	16.58%	-12.4%
2016	18.93%	-

FAQ

What is the current annual net margin of TW?: As of today, TW annual net margin is 44.87%
What is 1-year change in TW annual net margin?: TW annual net margin is up +35.97% year-over-year
What is 3-year change in TW annual net margin?: TW annual net margin is up +48.43% over the past 3 years
How far is TW annual net margin from its all-time high?: TW annual net margin is currently at its all-time high
How does TW annual net margin rank versus sector peers?: TW annual net margin is higher than 95.51% of companies in Financial Services sector
When is TW next annual earnings release?: As of today, the next annual earnings release for TW has not been scheduled

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

36.97%0.76%-2.01%

June 30, 2026

Summary

Current Value: As of today, TW quarterly net margin is 36.97%, down -2.01% on June 30, 2026
Historical Performance: TW quarterly net margin is up +8.13% year-over-year, up +12.75% over the past 3 years
All-Time High Comparison: TW quarterly net margin is currently -47.48% below its historical high of 70.39% set on December 31, 2025
3-Year Low Comparison: TW quarterly net margin is +31.99% above its 3-year low of 28.01% reached on December 31, 2023
Sector Comparison: TW quarterly net margin is higher than 93.82% of companies in Financial Services sector

Performance

TW Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Jun 30, 26	36.97%	-2.0%	+8.1%	+12.8%	+45.6%
Annual Net Margin	Dec 31, 25	44.87%	–	+36.0%	+48.4%	+83.4%
Price	Aug 18, 26	$105.47	-4.8%	-17.6%	+26.6%	+23.0%
PE Ratio	Aug 18, 26	25.18	-8.0%	-49.0%	-52.0%	-68.7%
Quarterly Revenue	Jun 30, 26	$558.95M	-9.5%	+9.0%	+80.0%	+114.3%
Quarterly Net Income	Jun 30, 26	$206.64M	-11.3%	+17.8%	+102.9%	+212.0%
Quarterly Gross Margin	Jun 30, 26	89.00%	-1.3%	+1.5%	+4.4%	+100.0%
Quarterly Operating Margin	Jun 30, 26	43.15%	-4.9%	+2.3%	+14.8%	+35.5%

Quarterly Net Margin Highs

TW Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	70.39%	Dec 31, 25	-47.5%
3Y	70.39%	Dec 31, 25	-47.5%
5Y	70.39%	Dec 31, 25	-47.5%
All	70.39%	Dec 31, 25	-47.5%

Quarterly Net Margin Lows

TW Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	34.19%	N/A	+8.1%
3Y	28.01%	Dec 31, 23	+32.0%
5Y	21.67%	Dec 31, 21	+70.6%
All	6.21%	Dec 1, 17	+495.3%

Quarterly Net Margin History

Month	Value	Change
Jun 2026	36.97%	-2.0%
Mar 2026	37.73%	-46.4%
Dec 2025	70.39%	+70.1%
Sep 2025	41.37%	+21.0%
Jun 2025	34.19%	+3.6%
Mar 2025	33.00%	-4.3%
Dec 2024	34.48%	+18.9%
Sep 2024	28.99%	-13.9%
Jun 2024	33.67%	-4.0%
Mar 2024	35.06%	+25.2%
Dec 2023	28.01%	-17.5%
Sep 2023	33.96%	+3.6%
Jun 2023	32.79%	+5.8%
Mar 2023	31.00%	-8.1%
Dec 2022	33.73%	+18.7%
Sep 2022	28.41%	+3.5%
Jun 2022	27.46%	-12.2%
Mar 2022	31.28%	+44.3%

Month	Value	Change
Dec 2021	21.67%	-11.9%
Sep 2021	24.61%	-3.1%
Jun 2021	25.39%	-14.9%
Mar 2021	29.83%	+4.6%
Dec 2020	28.51%	+29.0%
Sep 2020	22.10%	+10.6%
Jun 2020	19.99%	-24.9%
Mar 2020	26.63%	-8.3%
Dec 2019	29.03%	+20.1%
Sep 2019	24.17%	+85.5%
Jun 2019	13.03%	-42.5%
Mar 2019	22.67%	+38.1%
Dec 2018	16.41%	-40.1%
Sep 2018	27.39%	+6.8%
Jun 2018	25.64%	-9.8%
Mar 2018	28.42%	+357.6%
Dec 2017	6.21%	-

FAQ

What is the current quarterly net margin of TW?: As of today, TW quarterly net margin is 36.97%
What is TW quarterly net margin most recent change?: TW quarterly net margin was down -2.01% on June 30, 2026
What is 1-year change in TW quarterly net margin?: TW quarterly net margin is up +8.13% year-over-year
How far is TW quarterly net margin from its all-time high?: TW quarterly net margin is currently -47.48% below its historical high of 70.39% set on December 31, 2025
How does TW quarterly net margin rank versus sector peers?: TW quarterly net margin is higher than 93.82% of companies in Financial Services sector
When is TW next earnings release?: The next earnings release for TW is on October 29, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

TW Official Website www.tradeweb.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1758730/000175873026000015/0001758730-26-000015-index.htm
TW Profile on Yahoo Finance finance.yahoo.com/quote/TW
TW Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tw