TW Q2 2024 Earnings — Tradeweb Markets Inc. Revenue & Financial Results | Market Cap Arena

TWTradeweb Markets Inc.

$27B

Q2 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$405M+30.4% YoY

Gross Profit

$268M66.1% margin

Operating Income

$162M40.1% margin

Net Income

$119M29.4% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$286M

Free Cash Flow

$269M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$1.1B

Stockholders' Equity

$5.6B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$405M	$311M	+30.4%
Gross Profit	$268M	$207M	+29.5%
Operating Income	$162M	$116M	+39.7%
Net Income	$119M	$89M	+33.9%

Revenue Segments

Transaction Fee Revenue

$330M82%

Subscription Fee Revenue

$51M13%

Market Data Revenue

$21M5%

Financial Service, Other

$3M1%

Geographic Segments

UNITED STATES

$252M62%

Non-US

$153M38%