Filing Flows › Tradeweb Markets (TW) › Free cash flow
Tradeweb Markets (TW) free cash flow by quarter
Tradeweb Markets' free cash flow was $338M in Q3 2026 (third quarter 2026), -12% from Q2 2026. Over the last 7 quarters it ranged from $58.6M (Q1 2025) to $404M (Q2 2025).
| Quarter | Free cash flow | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $338M | -12% | +3% |
| Q2 2026 | $386M | +309% | -4% |
| Q1 2026 | $94.2M | -72% | +61% |
| Q4 2025 | $337M | +3% | — |
| Q3 2025 | $328M | -19% | — |
| Q2 2025 | $404M | +589% | — |
| Q1 2025 | $58.6M | — | — |
Q3 2026 at a glance
Tradeweb Markets, Q3 2026: revenue $585M (+15% year over year), operating margin 43.4%, net earnings $197M, operating cash flow $347M. The chart follows the revenue to costs, profit and cash.
Questions
What is Tradeweb Markets' free cash flow?
Tradeweb Markets' free cash flow was $338M in Q3 2026 (third quarter 2026), -12% from Q2 2026.
How has Tradeweb Markets' free cash flow changed?
Over the last 7 quarters it ranged from $58.6M (Q1 2025) to $404M (Q2 2025).