TWTradeweb Markets Inc.

$27B

Q1 2021 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$273M+16.5% YoY

Gross Profit

$170M62.1% margin

Operating Income

$98M36.0% margin

Net Income

$68M24.8% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+17.3%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$51M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$644M

Stockholders' Equity

$4.5B

Cash & Equivalents

$811M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$273M	$235M	+16.5%
Gross Profit	$170M	$144M	+17.8%
Operating Income	$98M	$78M	+26.7%
Net Income	$68M	$44M	+54.5%

Revenue Segments

Subscription Fee Revenue

$38M71%

Market Data Revenue

$15M29%

Geographic Segments

UNITED STATES

$168M61%

Non-US

$106M39%

TW Q1 2021 Earnings — Tradeweb Markets Inc. Revenue & Financial Results | Market Cap Arena