Tradeweb Markets shares outstanding TW
Diluted shares outstanding, averaged over each quarter, from 2018.
- Latest quarter, to Jun 30, 2026
- 212.8M
- On a year earlier
- −1.0%
- fewer shares
Tradeweb Markets had 212.8M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 1.0% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 214.7M | −0% |
| FY2024 | 215M | +1% |
| FY2023 | 213.8M | +2% |
| FY2022 | 210.3M | +1% |
| FY2021 | 208.3M | +5% |
| FY2020 | 197.7M | +18% |
| FY2019 | 167.3M | −25% |
| FY2018 | 222.2M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 212.8M | −1% | |
| Q1 FY26 | 213.3M | −1% | |
| Q4 FY25 | 214.7M | −0% | |
| Q3 FY25 | 215M | −0% | |
| Q2 FY25 | 215M | +0% | |
| Q1 FY25 | 214.9M | +0% | |
| Q4 FY24 | 215M | +1% | |
| Q3 FY24 | 215.1M | +1% | |
| Q2 FY24 | 214.9M | +1% | |
| Q1 FY24 | 214.7M | +2% | |
| Q4 FY23 | 213.8M | +2% | |
| Q3 FY23 | 213.5M | +2% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Tradeweb Markets
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.