v3.26.3
Non-Controlling Interests (Tables)
 9 Months Ended
Sep. 30, 2026
Noncontrolling Interest [Abstract]  
Schedule of the Ownership Interest in Noncontrolling Interest
The following table summarizes the ownership interest in Tradeweb Markets LLC:
September 30, 2026September 30, 2025
LLC
Interests		Ownership
%		LLC
Interests		Ownership
%
Number of LLC Interests held by Tradeweb Markets Inc.209,075,237 90.1 %213,373,468 90.2 %
Number of LLC Interests held by non-controlling interests23,056,868 9.9 %23,057,268 9.8 %
Total LLC Interests outstanding232,132,105 100.0 %236,430,736 100.0 %
Schedule of the Impact on Equity Due to Changes in the Ownership Interest in Noncontrolling Interest
The following table summarizes the impact on Tradeweb Markets 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 EndedNine Months Ended
September 30,September 30,
2026202520262025
(dollars in thousands)
Net income attributable to Tradeweb Markets Inc.$197,457 $185,636 $584,059 $487,800 
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 LLC12,215 (2,254)34,172 (1,003)
Net transfers (to) from non-controlling interests12,215 (2,254)34,172 (1,003)
Change from net income attributable to Tradeweb Markets Inc. and transfers (to) from non-controlling interests$209,672 $183,382 $618,231 $486,797