Tradeweb expects 2026 adjusted expenses toward top half of $1.1B-$1.16B range as April trends toward a top 5 revenue month
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Tradeweb Markets Inc. reported record quarterly revenue of $618 million for Q1 2026, driven by strong client activity and a 21.2% year-over-year growth. The company expects adjusted expenses to trend towards the top half of the $1.1B-$1.16B range. Despite a slight decline in average daily revenues compared to April 2025, Tradeweb anticipates a top 5 revenue month in April 2026. The firm also declared a quarterly dividend of $0.14 and repurchased shares worth $51 million, maintaining a strong cash position of approximately $1.9 billion.
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