Mar 31, 2022

Tradeweb Q1 2022 Earnings Report

Tradeweb surpassed $300 million in quarterly revenue and experienced strong contributions from rates, credit, and equities.

Key Takeaways

Tradeweb Markets Inc. reported strong financial results for the first quarter of 2022, with quarterly revenues increasing by 13.9% to $311.5 million. The company's average daily volume (ADV) also saw a rise of 10.9% to $1.2 trillion. Net income increased by 19.5% to $97.4 million, and adjusted net income increased by 13.3% to $115.1 million.

Quarterly revenues increased 13.9% to $311.5 million.

Average daily volume increased 10.9% to $1.2 trillion.

Net income increased 19.5% to $97.4 million.

Adjusted EBITDA margin was 51.6% or $160.6 million.

Total Revenue
$311M
Previous year: $273M
+13.9%
EPS
$0.48
Previous year: $0.43
+11.6%
Average Daily Volume (ADV)
$1.18T
Previous year: $1.06T
+11.0%
Gross Profit
$193M
Previous year: $170M
+14.0%
Cash and Equivalents
$828M
Previous year: $810M
+2.2%
Free Cash Flow
$36.2M
Previous year: $51.2M
-29.3%
Total Assets
$6B
Previous year: $5.81B
+3.3%

Tradeweb

Tradeweb

Tradeweb Revenue by Segment

Forward Guidance

Full-Year 2022 guidance is unchanged from prior quarter.

Revenue & Expenses

Visualization of income flow from segment revenue to net income