Tradeweb Markets Inc. (TW) — Business segments and KPIs
Revenue by business segment and geography for Tradeweb Markets Inc., with year-over-year trends.
FY 2025
| Segment | Revenue | % of total |
|---|---|---|
| Revenue by product | ||
| Transaction Fee Revenue | 1.70B | 82.8% |
| Subscription Fee Revenue | 234.02M | 11.4% |
| Market Data Revenue | 93.20M | 4.5% |
| Financial Service, Other | 24.79M | 1.2% |
| Revenue by region | ||
| UNITED STATES | 1.19B | 58.2% |
| Non-US | 858.37M | 41.8% |