Tradeweb posts Q3 2026 results and moves ahead with $1.97 bn Trumid acquisition
+6 new sources since this summary was written
Tradeweb Markets reported third‑quarter 2026 revenue of $584.55 million, up 14.9% year‑over‑year on a reported basis and 15.4% on a constant‑currency basis. GAAP diluted earnings were $0.94 per share, while adjusted diluted earnings were $1.02 per share. The company confirmed its agreement to acquire electronic credit marketplace Trumid for $1.97 billion, with closing expected in the first half of 2027 pending regulatory approvals.
Why it matters
Wall Street analysts kept a buy rating on Tradeweb and a consensus price target of $127.80, reflecting confidence in the earnings beat and the strategic acquisition. The firm also revised its full‑year 2026 adjusted‑expense guidance to a range of $1,155‑$1,175 million.
Key facts
- 1Third‑quarter 2026 revenue was $584.55 million. seekingalpha.com
- 2Revenue grew 14.9% year‑over‑year on a reported basis. tradingview.com
- 3Revenue grew 15.4% year‑over‑year on a constant‑currency basis. tradingview.com
- 4GAAP diluted EPS was $0.94 per share. tradingview.com
- 5Adjusted diluted EPS was $1.02 per share. tradingview.com
- 6Net income was $224.9 million, with $197.5 million attributable to Tradeweb. tradingview.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.