Tradeweb Markets (NASDAQ: TW) reported Q1 EPS of $1.08, $0.01 better than the analyst estimate of $1.07. Revenue for the quarter came in at $617.8 million versus the consensus estimate of $610.35 million.

GUIDANCE:

Updated Full-Year 2026 Guidance*

Adjusted Expenses: $1,100 - 1,160 million (trending towards the top half of the range)
Acquisition and Refinitiv Transaction related depreciation and amortization expense: $160 million
Assumed non-GAAP tax rate: ~23.5% - 24.5%
Cash capital expenditures and capitalized software development: ~$107 - 117 million
LSEG Market Data Contract Revenue: ~$105 million

For earnings history and earnings-related data on Tradeweb Markets (TW) click here.