Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024
Revenues
Total revenue	$ 512,971	$ 404,951	$ 1,022,648	$ 813,690
Expenses
Employee compensation and benefits	169,693	137,236	346,570	280,323
Depreciation and amortization	63,048	49,936	125,747	99,273
Technology and communications	30,212	24,230	58,940	45,540
General and administrative	29,984	12,755	49,724	23,609
Professional fees	14,159	13,324	26,617	25,124
Occupancy	6,022	4,976	11,096	9,649
Total expenses	313,118	242,457	618,694	483,518
Operating income	199,853	162,494	403,954	330,172
Interest income	14,972	21,511	28,821	42,571
Interest expense	(429)	(542)	(1,016)	(2,260)
Other income (loss), net	12,665	0	16,886	0
Income before taxes	227,061	183,463	448,645	370,483
Provision for income taxes	(51,539)	(47,047)	(104,818)	(90,685)
Net income	175,522	136,416	343,827	279,798
Less: Net income attributable to non-controlling interests	21,740	17,177	41,663	34,417
Net income attributable to Tradeweb Markets Inc.	$ 153,782	$ 119,239	$ 302,164	$ 245,381
Earnings per share attributable to Tradeweb Markets Inc. Class A and B common stockholders:
Basic (in dollars per share)	$ 0.72	$ 0.56	$ 1.42	$ 1.15
Diluted (in dollars per share)	$ 0.71	$ 0.55	$ 1.40	$ 1.14
Weighted average shares outstanding:
Basic (in shares)	213,339,761	213,162,158	213,214,326	212,936,015
Diluted (in shares)	214,971,946	214,895,947	214,934,378	214,778,342
Transaction fees and commissions
Revenues
Total revenue	$ 429,768	$ 330,475	$ 851,112	$ 665,926
Subscription fees
Revenues
Total revenue	57,392	50,746	113,169	100,427
LSEG market data fees
Revenues
Total revenue	20,569	20,581	49,494	41,081
Other
Revenues
Total revenue	$ 5,242	$ 3,149	$ 8,873	$ 6,256