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Financials · VIRT

Virtu Financial Inc. (VIRT) financials

For the twelve months ended Sep 30, 2026, Virtu Financial Inc. reported $4.41B of revenue and $924.65M of net income.

Revenue, TTM
$4.41B
Revenue growth, YoY
+26.1%
Net income, TTM
$924.65M
Net income growth, YoY
+41.3%
Net margin
21.0%
Free cash flow, TTM
$878.79M
EPS, diluted, TTM
$6.81
EPS growth, YoY
+47.4%
Cash
$1.52B
Total debt
$2.52B
P/E
9.51
P/S
1.99
Market cap
$8.79B
Annual revenue$3.63B
FY2016FY2025
Annual net income$468.36M
FY2016FY2025
Annual free cash flow$495.58M
FY2016FY2025

VIRT revenue and earnings growth

VIRT revenueQ3 2026$1.15B

Quarter YoY
+39.9%
QoQ
-3.0%
FY YoY
+26.2%
5Y CAGR
+2.3%
10Y CAGR
+16.4%

VIRT revenue was $1.15B in fiscal Q3 2026 (ended Sep 30, 2026), up 39.9% from a year earlier and down 3.0% from the prior quarter. For the full fiscal 2025 it was $3.63B, up 26.2% from fiscal 2024. Compound annual growth was +2.3% over 5 years and +16.4% over 10 years. It rose in 5 of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

VIRT net incomeQ3 2026$153.26M

Quarter YoY
+97.4%
QoQ
-46.2%
FY YoY
+69.4%
5Y CAGR
-6.3%
10Y CAGR
+36.5%

VIRT net income was $153.26M in fiscal Q3 2026 (ended Sep 30, 2026), up 97.4% from a year earlier and down 46.2% from the prior quarter. For the full fiscal 2025 it was $468.36M, up 69.4% from fiscal 2024. Compound annual growth was -6.3% over 5 years and +36.5% over 10 years. It rose in 2 of the last 5 fiscal years.

VIRT EPSQ3 2026$1.65

Quarter YoY
+91.9%
QoQ
+1.2%
FY YoY
+72.7%
5Y CAGR
-0.1%

VIRT diluted EPS was $1.65 in fiscal Q3 2026 (ended Sep 30, 2026), up 91.9% from a year earlier and up 1.2% from the prior quarter. For the full fiscal 2025 it was $5.13, up 72.7% from fiscal 2024. Compound annual growth was -0.1% over 5 years.

VIRT free cash flowQ3 2026$280.96M

QoQ
+186.5%
FY YoY
-15.5%
5Y CAGR
-13.6%
10Y CAGR
+7.3%

VIRT free cash flow was $280.96M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$76.73M a year earlier and up 186.5% from the prior quarter. For the full fiscal 2025 it was $495.58M, down 15.5% from fiscal 2024. Compound annual growth was -13.6% over 5 years and +7.3% over 10 years. It rose in 5 of the last 10 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$3.63B$2.88B$2.29B$2.36B$2.81B$3.24B$1.52B$1.88B$1.03B$702.27M
Selling, general and admin$97.92M$97.00M$98.97M$86.07M$88.15M$94.56M$103.64M$66.77M$62.12M$23.36M
Pre-tax income$1.09B$644.97M$325.13M$556.80M$996.90M$1.38B-$115.98M$696.36M$113.16M$179.59M
Income tax$182.06M$110.44M$61.21M$88.47M$169.67M$261.92M-$12.28M$76.17M$94.27M$21.25M
Net income$468.36M$276.42M$142.04M$265.03M$476.88M$649.20M-$58.59M$289.44M$2.94M$32.98M
EPS, basic$5.14$2.98$1.42$2.45$3.95$5.19-$0.53$2.82$0.03$0.83
EPS, diluted$5.13$2.97$1.42$2.44$3.91$5.16-$0.53$2.78$0.03$0.83
Diluted shares85.3M87.8M94.1M104.4M118.4M122.3M113.9M102.1M62.6M38.5M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$1.06B$913.99M$855.46M$1.04B$1.12B$1.01B$773.28M$736.05M$532.89M$181.41M
Goodwill$1.15B$1.15B$1.15B$1.15B$1.15B$1.15B$1.15B$836.58M$844.88M$715.38M
Total assets$20.15B$15.36B$14.47B$10.58B$10.32B$9.97B$9.61B$7.38B$7.32B$3.69B
Short-term debt----$61.50M$64.69M$73.49M$15.13M$27.88M$25.00M
Total debt$2.04B$1.74B$1.73B$1.80B$1.61B$1.64B$1.92B$907.04M$1.39B$564.96M
Total liabilities$18.18B$13.87B$13.06B$8.93B$8.46B$8.11B$8.38B$5.89B$6.17B$3.16B
Shareholders' equity$1.58B$1.49B$1.41B$1.65B$1.86B$1.86B$1.23B$1.49B$1.15B$534.41M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$518.39M$598.99M$491.78M$706.80M$1.17B$1.06B$168.77M$714.60M$290.57M$239.60M
Capital expenditures$22.80M$12.43M$37.77M$27.20M$24.56M$28.89M$9.32M$26.47M$18.93M$11.86M
Free cash flow$495.58M$586.56M$454.00M$679.60M$1.15B$1.03B$159.45M$688.13M$271.64M$227.74M
Investing cash flow-$40.62M-$61.85M-$94.48M-$29.53M-$87.35M-$2.56M-$899.64M$329.17M-$838.02M-$59.02M
Financing cash flow-$281.05M-$469.56M-$585.03M-$735.75M-$957.86M-$839.92M$769.58M-$835.48M$889.80M-$161.24M
Dividends paid-----$120.50M$112.41M$100.33M$63.81M$37.76M
Share repurchases$1.57M$0$1.57M$8.26M$3.45M$0$196.0K$66.22M$2.68M$4.54M
Stock-based compensation$100.40M$75.47M$63.93M$67.22M$55.75M$59.84M$71.73M$31.93M$26.26M$22.87M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY26.2%25.4%-3.0%-15.9%-13.2%113.5%-19.2%82.8%46.4%-11.8%
Net income growth, YoY69.4%94.6%-46.4%-44.4%-26.5%--9748.3%-91.1%57.9%
EPS growth, YoY72.7%109.2%-41.8%-37.6%-24.2%----40.7%
Net margin12.9%9.6%6.2%11.2%17.0%20.0%-3.9%15.4%0.3%4.7%
Free cash flow margin13.6%20.4%19.8%28.7%40.8%31.9%10.5%36.6%26.4%32.4%
Return on equity29.6%18.6%10.1%16.0%25.6%35.0%-4.8%19.4%0.3%6.2%
Return on assets2.3%1.8%1.0%2.5%4.6%6.5%-0.6%3.9%0.0%0.9%
Debt to equity1.291.171.231.090.860.881.560.611.211.06

Source: XBRL data Virtu Financial Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

VIRT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
VIRT$4.41B+26.1%$924.65M21.0%$8.79B
MS$80.16B+16.2%$20.45B25.5%$292.45B
GS$69.70B+18.7%$22.17B31.8%$261.38B
BLK$28.54B+24.7%$6.91B24.2%$187.58B
SCHW$27.06B+18.1%$10.64B39.3%$160.36B
CME$6.97B+9.0%$4.43B63.5%$109.00B
ICE$14.05B+12.1%$4.16B29.6%$97.26B
HOOD$5.08B+20.9%$1.98B39.0%$75.03B
NDAQ$9.15B+11.5%$2.08B22.8%$60.21B

VIRT FAQ

8 questions
  • What is VIRT revenue?
    Virtu Financial Inc. (VIRT) reported $4.41B of revenue for the twelve months ended Sep 30, 2026. That is up 26.1% from the year before. Revenue for fiscal 2025 was $3.63B.
  • Is VIRT profitable?
    Yes. Virtu Financial Inc. earned $924.65M in net income for the twelve months ended Sep 30, 2026, a net margin of 21.0%.
  • How much cash and debt does VIRT have?
    Virtu Financial Inc. reported $1.52B in cash and cash equivalents and $2.52B of debt on its most recent balance sheet in SEC filings.
  • How fast is VIRT revenue growing?
    Virtu Financial Inc.'s revenue changed +26.2% in fiscal 2025, to $3.63B. Its compound annual growth rate was +2.3% over 5 years and +16.4% over 10 years.
  • What is VIRT free cash flow?
    Virtu Financial Inc. generated $878.79M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $970.45M less capital expenditures.
  • What is VIRT earnings per share?
    Diluted earnings per share were $6.81 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did VIRT last report financial results?
    The latest statements here come from Virtu Financial Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this VIRT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Virtu Financial Inc. files with the SEC. It is provided for information only and is not investment advice.