Adjusted general and administrative costs increased 27%, primarily due to unfavorable movements in FX and a pickup in travel and entertainment and marketing expenses.

Feb 5, 2026 / receipt, needs a key / Sarah Ferber, CFO | earnings call 2026-02-05 | transcript b31d2198-74ed-4fb7-a26a-370cee01d6aa | chars 21194-21360 | segment 21

Adjusted general and administrative costs increased 30%, primarily due to a pickup in travel and entertainment and unfavorable movements in FX.

Oct 30, 2025 / receipt, needs a key / Sarah, CFO | earnings call 2025-10-30 | transcript 4bec84e0-2db0-4502-b4d1-3f9cb23927ad | chars 23734-23877 | segment 24

Excluding FX, adjusted general and administrative costs grew 21%, mainly due to a pickup in travel and entertainment and marketing expenses.

Jul 30, 2025 / receipt, needs a key / Sarah Ferber, CFO | earnings call 2025-07-30 | transcript 5677734f-ed6c-4fa5-8356-4fa008d726a8 | chars 17680-17820 | segment 18

This was partially offset by a pickup in travel and entertainment.

Apr 30, 2025 / receipt, needs a key / Sarah Ferber, CFO | earnings call 2025-04-30 | transcript 6ca5b5ac-ebae-43bc-ac23-1a0ba92368a5 | chars 16548-16614 | segment 16

And by discretionary, things like marketing, T&E, and obviously the pace of hiring where we have a lot of flexibility on how we want to manage those.

Feb 6, 2025 / receipt, needs a key / Sarah, CFO | earnings call 2025-02-06 | transcript a634080c-a719-4014-8790-f0214a78c27a | chars 36805-36954 | segment 37

Adjusted general and administrative costs increased 34% due to a pickup in travel and entertainment, as well as marketing, which was offset by favorable movements in FX that resulted in approximately a $1.1 million gain in the fourth quarter of 24 versus a $500,000 loss in the fourth quarter of 23.

Feb 6, 2025 / receipt, needs a key / Sarah Ferber, CFO | earnings call 2025-02-06 | transcript a634080c-a719-4014-8790-f0214a78c27a | chars 19564-19863 | segment 20

Adjusted general and administrative costs increased 22% due to a pickup in travel and entertainment and marketing expenses.

Oct 30, 2024 / receipt, needs a key / Sarah Ferber, CFO | earnings call 2024-10-30 | transcript 13260232-b4e6-455f-ab73-4b5f4b112876 | chars 17128-17251 | segment 17

General and administrative costs increased due to a pickup in travel and entertainment which on a reported basis was partially offset by FX gains year on year.

Jul 25, 2024 / receipt, needs a key / Sarah Ferber, CFO | earnings call 2024-07-25 | transcript b8169ecb-ccd2-48a2-bd53-7d2e21cd712a | chars 15375-15534 | segment 16

Generally speaking, more central clearing is positive for a business. It does go hand in hand with electronification. And as we are a large player and critical infrastructure provider in the treasury and repo markets, we're already fully connected to FICC. We already manage clear treasury business today through DealerWeb. We're very familiar with how all that works. And as these deadlines approach, we're going to work closely with our clients and help them navigate the rule changes as we've done in interest rate swaps. So, you know, mild positive, not a dramatic change, but this direction of travel in the regulation continues to be supportive for TradeWeb.

Apr 25, 2024 / receipt, needs a key / Billy Holt, other | earnings call 2024-04-25 | transcript 596dede5-3167-40cc-8364-177b6009c925 | chars 45434-46098 | segment 46

Those are things like marketing or T&E.

Jul 27, 2023 / receipt, needs a key / Tom, CFO | earnings call 2023-07-27 | transcript b88e7568-22d7-454a-9e93-e463ffd97af7 | chars 44143-44182 | segment 45

Adjusted general and administrative costs increased primarily due to an increase in travel and entertainment.

Apr 27, 2023 / receipt, needs a key / Sarah Ferber, CFO | earnings call 2023-04-27 | transcript 648cf48b-0b13-42a4-ab5a-af24f4fcd418 | chars 20557-20666 | segment 21

Adjusted general and administrative costs increased primarily due to an increase in travel and entertainment as we recover from the pandemic.

Feb 2, 2023 / receipt, needs a key / Sarah, CFO | earnings call 2023-02-02 | transcript 775c859f-3ea0-422e-9a2f-43e1c402b7a8 | chars 30525-30666 | segment 31