Tradeweb Markets Inc
For the period ended Dec 31, 2024. Filed Feb 7, 2025.
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FY2024 · Filed Feb 7, 2025
TW$129.63+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Cash and cash equivalents | $1,340,302 | $1,706,468 |
| Restricted cash | 1,000 | 1,000 |
| Receivable from brokers and dealers and clearing organizations | 67,805 | 381,178 |
| Deposits with clearing organizations | 54,702 | 36,806 |
| Accounts receivable, net of allowance for credit losses of $447 and $284 at December 31, 2024 and 2023, respectively | 222,268 | 168,407 |
| Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization | 45,973 | 33,559 |
| Lease right-of-use assets | 33,550 | 25,206 |
| Software development costs, net of accumulated amortization | 296,721 | 131,332 |
| Goodwill | 3,150,112 | 2,815,524 |
| Intangible assets, net of accumulated amortization | 1,280,892 | 1,004,797 |
| Receivable and due from affiliates | 8,094 | 192 |
| Deferred tax asset | 659,203 | 684,250 |
| Other assets | 107,371 | 70,819 |
| Total assets | $7,267,993 | $7,059,538 |
| Liabilities and Equity | ||
| Liabilities | ||
| Securities sold under agreements to repurchase | $— | $21,612 |
| Payable to brokers and dealers and clearing organizations | 67,816 | 351,864 |
| Accrued compensation | 222,959 | 164,329 |
| Deferred revenue | 30,800 | 25,746 |
| Accounts payable, accrued expenses and other liabilities | 95,290 | 57,501 |
| Lease liabilities | 35,748 | 27,463 |
| Payable and due to affiliates | 763 | 1,327 |
| Deferred tax liability | 42,893 | 20,767 |
| Tax receivable agreement liability | 372,839 | 457,523 |
| Total liabilities | 869,108 | 1,128,132 |
| Commitments and contingencies (Note 17) | ||
| 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; 115,977,551 and 115,090,787 shares issued and outstanding as of December 31, 2024 and 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 December 31, 2024 and 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 December 31, 2024 and 2023, respectively | — | — |
| Class D common stock, $0.00001 par value; 300,000,000 shares authorized; 5,073,538 and 5,077,973 shares issued and outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Additional paid-in capital | 4,813,408 | 4,738,758 |
| Accumulated other comprehensive income (loss) | (9,981) | (5,389) |
| Retained earnings | 996,763 | 640,384 |
| Total stockholders’ equity attributable to Tradeweb Markets Inc. | 5,800,192 | 5,373,755 |
| Non-controlling interests | 598,693 | 557,651 |
| Total equity | 6,398,885 | 5,931,406 |
| Total liabilities and equity | $7,267,993 | $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.