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Tradeweb Markets (TW) LSEG market data fees revenue by quarter

Tradeweb Markets' LSEG market data fees revenue was $26.5M in Q3 2026 (third quarter 2026), +0.2% from Q2 2026. Over the last 7 quarters it ranged from $20.5M (Q3 2025) to $28.9M (Q1 2025).

Tradeweb Markets LSEG market data fees revenue by quarterTradeweb Markets LSEG market data fees revenue by quarter$28.9MQ1 2025$20.6MQ2 2025$20.5MQ3 2025$23.2MQ4 2025$26.7MQ1 2026$26.5MQ2 2026$26.5MQ3 2026
QuarterLSEG market data fees revenueQ/QY/Y
Q3 2026$26.5M+0.2%+29%
Q2 2026$26.5M-0.9%+29%
Q1 2026$26.7M+15%-8%
Q4 2025$23.2M+13%—
Q3 2025$20.5M-0.2%—
Q2 2025$20.6M-29%—
Q1 2025$28.9M——

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' LSEG market data fees revenue?

Tradeweb Markets' LSEG market data fees revenue was $26.5M in Q3 2026 (third quarter 2026), +0.2% from Q2 2026.

How has Tradeweb Markets' LSEG market data fees revenue changed?

Over the last 7 quarters it ranged from $20.5M (Q3 2025) to $28.9M (Q1 2025).

Q3 2026 results → · How Tradeweb Markets makes money →