v3.26.1
Non-Controlling Interests (Tables)
3 Months Ended
Mar. 31, 2026
Noncontrolling Interest [Abstract]  
Schedule of the Ownership Interest in Noncontrolling Interest
The following table summarizes the ownership interest in Tradeweb Markets LLC:
March 31, 2026March 31, 2025
LLC
Interests
Ownership
%
LLC
Interests
Ownership
%
Number of LLC Interests held by Tradeweb Markets Inc.212,927,448 90.2 %213,330,868 90.2 %
Number of LLC Interests held by non-controlling interests23,056,868 9.8 %23,066,538 9.8 %
Total LLC Interests outstanding235,984,316 100.0 %236,397,406 100.0 %
Schedule of the Impact on Equity Due to Changes in the Company’s Ownership Interest in Noncontrolling Interest
The following table summarizes the impact on Tradeweb Market Inc.’s equity due to changes in the Corporation’s ownership interest in TWM LLC:
Net Income Attributable to Tradeweb Markets Inc. and Transfers (to) from the Non-Controlling InterestsThree Months Ended
March 31,
20262025
(dollars in thousands)
Net income attributable to Tradeweb Markets Inc.$205,284 $148,382 
Transfers (to) from non-controlling interests:
Increase/(decrease) in Tradeweb Markets Inc.’s additional paid-in capital as a result of ownership changes in TWM LLC12,037 3,795 
Net transfers (to) from non-controlling interests12,037 3,795 
Change from net income attributable to Tradeweb Markets Inc. and transfers (to) from non-controlling interests$217,321 $152,177