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Jun 30, 2022
Tradeweb Q2 2022 Earnings Report
Tradeweb reported robust year-over-year revenue growth driven by strong contributions from multiple asset classes.
Key Takeaways
Tradeweb Markets Inc. reported financial results for Q2 2022. Quarterly revenues increased by 13.9% to $297.1 million. Average daily volume increased by 20.4% to $1.2 trillion. Net income increased by 23.2% to $81.6 million, and adjusted net income increased by 19.3% to $111.7 million.
Quarterly revenues increased 13.9% (17.8% on a constant currency basis) compared to prior year period.
Average daily volume (“ADV”) for the quarter increased 20.4% compared to prior year period, with record ADV in swaps/swaptions ≥ 1-year; fully electronic U.S. High Grade; municipal bonds and repurchase agreements.
Net income and adjusted net income for the quarter increased of 23.2% and 19.3% respectively from prior year period.
Adjusted EBITDA margin was 52.4% and adjusted EBITDA was $155.6 million for the quarter, compared to 50.6% and $131.9 million respectively for prior year period.
Revenue by Segment
Forward Guidance
Full-Year 2022 guidance is unchanged from previous confirmation on July 13, 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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