TW Q3 2024 Earnings — Tradeweb Markets Inc. Revenue & Financial Results | Market Cap Arena

TWTradeweb Markets Inc.

$27B

Q3 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$449M+36.7% YoY

Gross Profit

$289M64.3% margin

Operating Income

$159M35.5% margin

Net Income

$114M25.4% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

$292M

Free Cash Flow

$275M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$1.1B

Stockholders' Equity

$5.7B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$449M	$328M	+36.7%
Gross Profit	$289M	$212M	+36.0%
Operating Income	$159M	$125M	+27.7%
Net Income	$114M	$99M	+15.5%

Revenue Segments

Transaction Fee Revenue

$373M83%

Subscription Fee Revenue

$51M11%

Market Data Revenue

$21M5%

Financial Service, Other

$4M1%

Geographic Segments

UNITED STATES

$280M62%

Non-US

$169M38%