Tradeweb Markets Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
TW$129.63+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Financial Condition as of
Condensed Consolidated Statements of Financial Condition
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Cash and cash equivalents | $1,173,734 | $1,706,468 |
| Restricted cash | 1,000 | 1,000 |
| Receivable from brokers and dealers and clearing organizations | 297,842 | 381,178 |
| Deposits with clearing organizations | 65,277 | 36,806 |
| Accounts receivable, net of allowance for credit losses of $206 and $284 at September 30, 2024 and December 31, 2023, respectively | 248,615 | 168,407 |
| Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization | 32,707 | 33,559 |
| Lease right-of-use assets | 26,104 | 25,206 |
| Software development costs, net of accumulated amortization | 305,088 | 131,332 |
| Goodwill | 3,149,956 | 2,815,524 |
| Intangible assets, net of accumulated amortization | 1,315,490 | 1,004,797 |
| Receivable and due from affiliates | 97 | 192 |
| Deferred tax asset | 634,672 | 684,250 |
| Other assets | 86,135 | 70,819 |
| Total assets | $7,336,717 | $7,059,538 |
| Liabilities and Equity | ||
| Liabilities | ||
| Securities sold under agreements to repurchase | $— | $21,612 |
| Payable to brokers and dealers and clearing organizations | 286,179 | 351,864 |
| Accrued compensation | 179,142 | 164,329 |
| Deferred revenue | 29,580 | 25,746 |
| Accounts payable, accrued expenses and other liabilities | 99,828 | 57,501 |
| Lease liabilities | 28,590 | 27,463 |
| Payable and due to affiliates | 1,582 | 1,327 |
| Deferred tax liability | 43,018 | 20,767 |
| Tax receivable agreement liability | 382,407 | 457,523 |
| Total liabilities | 1,050,326 | 1,128,132 |
| Commitments and contingencies (Note 13) | ||
| Equity | ||
| Preferred stock, $0.00001 par value; 250,000,000 shares authorized; none issued or outstanding | — | — |
| Class A common stock, $0.00001 par value; 1,000,000,000 shares authorized; 116,227,674 and 115,090,787 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 1 | 1 |
| Class B common stock, $0.00001 par value; 450,000,000 shares authorized; 96,933,192 and 96,933,192 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 1 | 1 |
| Class C common stock, $0.00001 par value; 350,000,000 shares authorized; 18,000,000 and 18,000,000 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Class D common stock, $0.00001 par value; 300,000,000 shares authorized; 5,073,738 and 5,077,973 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 4,788,780 | 4,738,758 |
| Accumulated other comprehensive income (loss) | 1,115 | (5,389) |
| Retained earnings | 910,750 | 640,384 |
| Total stockholders’ equity attributable to Tradeweb Markets Inc. | 5,700,647 | 5,373,755 |
| Non-controlling interests | 585,744 | 557,651 |
| Total equity | 6,286,391 | 5,931,406 |
| Total liabilities and equity | $7,336,717 | $7,059,538 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.