8-K Announcements
6Apr 29, 2026·SEC
Jan 29, 2026·SEC
Oct 29, 2025·SEC
Virtu Financial, Inc. (VIRT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Virtu Financial, Inc. (VIRT) stock price & volume — 10-year historical chart
Virtu Financial, Inc. (VIRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Virtu Financial, Inc. (VIRT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $2.24vs $1.66+34.9% | $787Mvs $613M+28.3% |
| Q1 2026 | Jan 29, 2026 | $1.85vs $1.28+44.5% | $613Mvs $519M+18.2% |
| Q4 2025 | Oct 29, 2025 | $1.05vs $0.89+17.8% | $825Mvs $434M+90.0% |
| Q3 2025 | Jul 30, 2025 | $1.53vs $1.36+12.5% | $1000Mvs $438M+128.4% |
Virtu Financial, Inc. (VIRT) competitors in Brokerage, Trading and Market Making — business model, growth, and fundamentals comparison
Virtu Financial, Inc. (VIRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Virtu Financial, Inc. (VIRT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -156.1M | -213.61M | -279.9M | -213.38M | -219.67M | -323.1M | -599.76M | -626.98M | 369.45M | -200.55M |
| NII Growth % | -83.9% | -36.84% | -31.03% | 23.76% | -2.95% | -47.08% | -85.63% | -4.54% | 158.93% | 259.97% |
| Net Interest Margin % | -2.13% | -2.89% | -2.91% | -2.14% | -2.13% | -3.05% | -4.15% | -4.08% | 1.83% | -0.8% |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 508.82M | 271.46M |
| Interest Expense | 156.1M | 213.61M | 279.9M | 213.38M | 219.67M | 323.1M | 599.76M | 626.98M | 139.37M | 472M |
| Loan Loss Provision | 278.31M | 378.37M | 490.7M | 939M | 902.04M | 687.02M | 302.64M | 482.27M | 1.75B | 1.09B |
| Non-Interest Income | 1.03B | 1.88B | 1.52B | 3.24B | 2.81B | 2.36B | 2.29B | 2.88B | 3.12B | 3.62B |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 85.99% | 93.02% |
| Total Revenue | 1.03B▲ 0% | 1.88B▲ 82.8% | 1.52B▼ 19.2% | 3.24B▲ 113.5% | 2.81B▼ 13.2% | 2.36B▼ 15.9% | 2.29B▼ 3.0% | 2.88B▲ 25.4% | 3.63B▲ 26.2% | 3.89B▲ 0% |
| Revenue Growth % | 46.38% | 82.76% | -19.23% | 113.47% | -13.21% | -15.89% | -3.02% | 25.45% | 26.25% | 107.91% |
| Non-Interest Expense | 284.13M | 330.17M | 449.27M | 2.09B | 437.62M | 436.79M | 457M | 449.74M | 514.46M | 577.63M |
| Efficiency Ratio | 27.64% | 17.57% | 29.61% | 64.43% | 15.57% | 18.47% | 19.93% | 15.63% | 14.16% | 14.85% |
| Operating Income | 309.44M▲ 0% | 956.57M▲ 209.1% | 297.62M▼ 68.9% | 0▼ 100.0% | 1.25B▲ 0% | 917.91M▼ 26.7% | 933.98M▲ 1.8% | 1.32B▲ 41.1% | 1.23B▼ 6.8% | 1.75B▲ 0% |
| Operating Margin % | 30.1% | 50.92% | 19.61% | 0% | 44.54% | 38.82% | 40.73% | 45.81% | 33.8% | 44.98% |
| Operating Income Growth % | 13.98% | 209.13% | -68.89% | -100% | - | -26.69% | 1.75% | 41.11% | -6.85% | - |
| Pretax Income | 113.16M▲ 0% | 696.36M▲ 515.4% | -115.98M▼ 116.7% | 1.38B▲ 1292.3% | 996.9M▼ 27.9% | 556.8M▼ 44.1% | 325.13M▼ 41.6% | 644.97M▲ 98.4% | 1.09B▲ 69.7% | 1.28B▲ 0% |
| Pretax Margin % | 11.01% | 37.07% | -7.64% | 42.69% | 35.46% | 23.55% | 14.18% | 22.42% | 30.13% | 32.91% |
| Income Tax | 94.27M | 76.17M | -12.28M | 261.92M | 169.67M | 88.47M | 61.21M | 110.44M | 182.06M | 210.94M |
| Effective Tax Rate % | 83.3% | 10.94% | 10.59% | 18.94% | 17.02% | 15.89% | 18.83% | 17.12% | 16.64% | 16.48% |
| Net Income | 2.94M▲ 0% | 289.44M▲ 9748.3% | -58.59M▼ 120.2% | 649.2M▲ 1207.9% | 476.88M▼ 26.5% | 265.03M▼ 44.4% | 142.04M▼ 46.4% | 276.42M▲ 94.6% | 468.36M▲ 69.4% | 550.99M▲ 0% |
| Net Margin % | 0.29% | 15.41% | -3.86% | 20.04% | 16.96% | 11.21% | 6.19% | 9.61% | 12.89% | 14.17% |
| Net Income Growth % | -91.09% | 9748.28% | -120.24% | 1207.94% | -26.54% | -44.42% | -46.41% | 94.61% | 69.44% | 72.03% |
| Net Income (Continuing) | 18.9M | 620.19M | -103.7M | 1.12B | 827.23M | 468.33M | 263.92M | 534.53M | 912.26M | 1.07B |
| EPS (Diluted) | 0.26▲ 0% | 2.78▲ 969.2% | -0.53▼ 119.1% | 5.16▲ 1073.6% | 3.91▼ 24.2% | 2.44▼ 37.6% | 1.42▼ 41.8% | 2.97▲ 109.2% | 5.13▲ 72.7% | 6.40▲ 0% |
| EPS Growth % | -70.45% | 969.23% | -119.06% | 1073.58% | -24.22% | -37.6% | -41.8% | 109.15% | 72.73% | 81.5% |
| EPS (Basic) | 0.26 | 2.82 | -0.53 | 5.19 | 3.95 | 2.45 | 1.42 | 2.98 | 5.14 | - |
| Diluted Shares Outstanding | 62.58M | 102.09M | 113.92M | 122.33M | 118.42M | 104.42M | 94.08M | 87.82M | 85.32M | 86.09M |
Virtu Financial, Inc. (VIRT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 532.89M | 729.55M | 732.16M | 889.56M | 1.07B | 981.58M | 820.44M | 872.51M | 1.06B | 3.49B |
| Cash & Due from Banks | 532.89M | 729.55M | 732.16M | 889.56M | 1.07B | 981.58M | 820.44M | 872.51M | 1.06B | 973.23M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 4.18B | 4.06B | 4.84B | 4.56B | 5.73B | 6.16B | 10.59B | 11.08B | 14.63B | 14.65B |
| Investments Growth % | 104.3% | -3.08% | 19.29% | -5.66% | 25.46% | 7.5% | 72.1% | 4.61% | 32% | 143.83% |
| Long-Term Investments | 4.18B | 4.06B | 4.84B | 4.56B | 5.73B | 6.16B | 10.59B | 11.08B | 14.63B | 59.21B |
| Accounts Receivables | 972.02M | 1.11B | 1.42B | 1.9B | 1.17B | 1.2B | 843.97M | 1.25B | 2.06B | 297.63M |
| Goodwill & Intangibles | 956.11M | 920.57M | 1.68B | 1.6B | 1.54B | 1.47B | 1.41B | 1.35B | 1.3B | 1.29B |
| Goodwill | 844.88M | 836.58M | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B |
| Intangible Assets | 111.22M | 83.99M | 529.64M | 454.5M | 386.33M | 321.48M | 257.52M | 203.19M | 154.93M | 143.15M |
| PP&E (Net) | 137.02M | 113.32M | 430.62M | 382.45M | 314.92M | 272.64M | 329.86M | 266.46M | 310.08M | 304.89M |
| Other Assets | 357.35M | 243.58M | 252.64M | 317.75M | 291.31M | 303.92M | 303.72M | 357.74M | 632.88M | -14.65B |
| Total Current Assets | 1.56B | 1.85B | 2.2B | 2.91B | 2.29B | 2.23B | 1.7B | 2.17B | 3.18B | 1.27B |
| Total Non-Current Assets | 5.76B | 5.53B | 7.41B | 7.06B | 8.03B | 8.35B | 12.77B | 13.19B | 16.97B | 1.6B |
| Total Assets | 7.32B▲ 0% | 7.38B▲ 0.8% | 9.61B▲ 30.2% | 9.97B▲ 3.7% | 10.32B▲ 3.6% | 10.58B▲ 2.6% | 14.47B▲ 36.7% | 15.36B▲ 6.2% | 20.15B▲ 31.2% | 25.12B▲ 0% |
| Asset Growth % | 98.25% | 0.83% | 30.19% | 3.71% | 3.55% | 2.55% | 36.69% | 6.19% | 31.17% | 160.46% |
| Return on Assets (ROA) | 0.05% | 3.94% | -0.69% | 6.63% | 4.7% | 2.54% | 1.13% | 1.85% | 2.64% | 2.57% |
| Accounts Payable | 1.08B | 862.42M | 1.32B | 1.49B | 1.08B | 769M | 1.64B | 1.52B | 1.69B | 0 |
| Total Debt | 2.56B | 2.33B | 4.3B | 3.43B | 3.6B | 3.73B | 6.93B | 5.71B | 8.98B | 4.64B |
| Net Debt | 2.03B | 1.6B | 3.57B | 2.54B | 2.53B | 2.75B | 6.11B | 4.84B | 7.92B | 3.67B |
| Long-Term Debt | 2.53B | 2.32B | 3.86B | 3.05B | 3.26B | 3.48B | 4.85B | 5.44B | 8.7B | 2.03B |
| Short-Term Debt | 27.88M | 15.13M | 73.49M | 64.69M | 61.51M | 3.94M | 1.8B | 38.54M | 12.38M | 2.37B |
| Other Liabilities | 2.38B | 2.48B | 2.5B | 2.92B | 3.51B | 4.2B | 6.07B | 6.44B | 7.32B | 18.28B |
| Total Current Liabilities | 1.25B | 1.09B | 1.66B | 1.82B | 1.41B | 1.01B | 1.86B | 1.76B | 1.89B | 2.37B |
| Total Non-Current Liabilities | 4.92B | 4.79B | 6.72B | 6.29B | 7.05B | 7.92B | 11.2B | 12.11B | 16.29B | 20.55B |
| Total Liabilities | 6.17B | 5.89B | 8.38B | 8.11B | 8.46B | 8.93B | 13.06B | 13.87B | 18.18B | 22.92B |
| Total Equity | 1.15B▲ 0% | 1.49B▲ 29.8% | 1.23B▼ 17.8% | 1.86B▲ 50.9% | 1.86B▲ 0.5% | 1.65B▼ 11.4% | 1.41B▼ 14.9% | 1.49B▲ 5.8% | 1.97B▲ 32.7% | 2.2B▲ 0% |
| Equity Growth % | 115.49% | 29.8% | -17.78% | 50.95% | 0.46% | -11.39% | -14.9% | 5.84% | 32.68% | 107.47% |
| Equity / Assets (Capital Ratio) | 15.73% | 20.25% | 12.79% | 18.61% | 18.06% | 15.6% | 9.71% | 9.68% | 9.79% | 8.75% |
| Return on Equity (ROE) | 0.35% | 21.88% | -4.3% | 42.1% | 25.65% | 15.08% | 9.29% | 19.11% | 27.07% | 29.37% |
| Book Value per Share | 18.40 | 14.64 | 10.79 | 15.16 | 15.74 | 15.81 | 14.94 | 16.94 | 23.13 | 25.51 |
| Tangible BV per Share | 3.12 | 5.62 | -3.95 | 2.06 | 2.77 | 1.73 | -0.01 | 1.54 | 7.85 | 10.51 |
| Common Stock | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 1K |
| Additional Paid-in Capital | 900.75M | 1.01B | 1.08B | 1.16B | 1.22B | 1.29B | 1.35B | 1.43B | 1.54B | 0 |
| Retained Earnings | -62.13M | 96.51M | -90.37M | 422.38M | 830.54M | 972.32M | 1B | 1.17B | 1.52B | 1.62B |
| Accumulated OCI | 2.99M | -82K | -647K | -25.49M | -10.2M | 31.6M | 17.05M | -7.06M | -3.01M | -4.97M |
| Treasury Stock | -11.04M | -55.01M | -55.01M | -88.92M | -494.07M | -954.64M | -1.17B | -1.34B | -1.48B | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Virtu Financial, Inc. (VIRT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 290.57M | 714.6M | 168.77M | 1.06B | 1.17B | 706.8M | 491.78M | 598.99M | 1.36B | 1.36B |
| Operating CF Growth % | 21.28% | 145.93% | -76.38% | 528.59% | 10.44% | -39.67% | -30.42% | 21.8% | 127.2% | -169.47% |
| Net Income | 2.94M | 289.44M | -103.7M | 1.12B | 476.88M | 265.03M | 263.92M | 534.53M | 2.44B | 550.99M |
| Depreciation & Amortization | 62.77M | 87.28M | 136.24M | 141M | 137.48M | 131.21M | 127.27M | 116.29M | 111.55M | 112.05M |
| Deferred Taxes | 0 | 0 | -18.69M | 21.6M | 0 | 0 | 19.07M | 0 | 0 | 18.68M |
| Other Non-Cash Items | 760.1M | -106.22M | 95.86M | -17.27M | -1.09B | -415.65M | 146K | 12.75M | -1.57B | -707.92M |
| Working Capital Changes | -563.06M | 409.22M | -12.66M | -265.2M | 1.59B | 658.99M | 17.44M | -140.06M | 282.3M | 265.23M |
| Cash from Investing | -838.02M | 329.17M | -899.64M | -2.56M | -87.35M | -29.53M | -94.48M | -61.85M | 3.63M | -550.02M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.67B | -655.3M |
| Sale/Maturity of Investments | 0 | 0 | 0 | 7.62M | 0 | 0 | 0 | 0 | 2.88B | 0 |
| Net Investment Activity | 0 | 0 | 0 | 7.62M | 0 | 0 | 0 | 0 | 213.48M | -655.3M |
| Acquisitions | -805.23M | 0 | -835.58M | 60.59M | 0 | 0 | 0 | 0 | 37.93M | 0 |
| Other Investing | -13.86M | 355.64M | -54.74M | -41.88M | -62.79M | -2.33M | -56.71M | -61.85M | -184.28M | 118.49M |
| Cash from Financing | 889.8M | -835.48M | 769.58M | -839.92M | -957.86M | -735.75M | -585.03M | -469.56M | -271.18M | -196.1M |
| Dividends Paid | -63.81M | -100.33M | -211.63M | -484.42M | -548.02M | -375.28M | -306.14M | -299.4M | -87.69M | -368.28M |
| Share Repurchases | -13.83M | -75.38M | -16.45M | -49.86M | -430.91M | -488.8M | -230.58M | -191.14M | -187.23M | -96.73M |
| Stock Issued | 735.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.46M | 0 |
| Net Stock Activity | 722.15M | -75.38M | -16.45M | -49.86M | -430.91M | -488.8M | -230.58M | -191.14M | -171.77M | -96.73M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K |
| Other Financing | -153.11M | -144.77M | -34.77M | -6.63M | -26.07M | -12.78M | 28.63M | -32.45M | -285.56M | 63.83M |
| Net Change in Cash | 351.47M▲ 0% | 203.16M▼ 42.2% | 37.23M▼ 81.7% | 233.72M▲ 527.7% | 113.95M▼ 51.2% | -82.71M▼ 172.6% | -182.78M▼ 121.0% | 58.53M▲ 132.0% | 212.45M▲ 263.0% | 259.19M▲ 0% |
| Exchange Rate Effect | 9.12M | -5.13M | -1.48M | 15.32M | -12.47M | -24.24M | 4.96M | -9.05M | -880.88M | -84.9M |
| Cash at Beginning | 181.41M | 532.89M | 736.05M | 773.28M | 1.01B | 1.12B | 1.04B | 855.46M | 913.99M | 1.13B |
| Cash at End | 532.89M | 736.05M | 773.28M | 1.01B | 1.12B | 1.04B | 855.46M | 913.99M | 1.13B | 1.03B |
| Interest Paid | 112.98M | 139.41M | 205.43M | 173.65M | 159.86M | 246.99M | 632.26M | 586.28M | 0 | 338.26M |
| Income Taxes Paid | 5.98M | 93.99M | 12.27M | 248.53M | 134.88M | 103.97M | 38.69M | 43.42M | 0 | 78.34M |
| Free Cash Flow | 271.64M▲ 0% | 688.13M▲ 153.3% | 110.96M▼ 83.9% | 1B▲ 801.7% | 1.15B▲ 14.6% | 679.6M▼ 40.8% | 415.65M▼ 38.8% | 544.68M▲ 31.0% | 1.3B▲ 138.2% | 1.06B▲ 0% |
| FCF Growth % | 19.28% | 153.32% | -83.88% | 801.71% | 14.65% | -40.75% | -38.84% | 31.04% | 138.19% | 11.01% |
Virtu Financial, Inc. (VIRT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 0.35% | 21.88% | -4.3% | 42.1% | 25.65% | 15.08% | 9.29% | 19.11% | 27.07% | 29.37% |
| Return on Assets (ROA) | 0.05% | 3.94% | -0.69% | 6.63% | 4.7% | 2.54% | 1.13% | 1.85% | 2.64% | 2.57% |
| Net Interest Margin | -2.13% | -2.89% | -2.91% | -2.14% | -2.13% | -3.05% | -4.15% | -4.08% | 1.83% | -0.8% |
| Efficiency Ratio | 27.64% | 17.57% | 29.61% | 64.43% | 15.57% | 18.47% | 19.93% | 15.63% | 14.16% | 14.85% |
| Equity / Assets | 15.73% | 20.25% | 12.79% | 18.61% | 18.06% | 15.6% | 9.71% | 9.68% | 9.79% | 8.75% |
| Book Value / Share | 18.4 | 14.64 | 10.79 | 15.16 | 15.74 | 15.81 | 14.94 | 16.94 | 23.13 | 25.51 |
| NII Growth | -83.9% | -36.84% | -31.03% | 23.76% | -2.95% | -47.08% | -85.63% | -4.54% | 158.93% | 68.61% |
| Dividend Payout | 2171.28% | 34.66% | - | 74.62% | 114.92% | 141.6% | 215.53% | 167.17% | 18.72% | 46.06% |
Virtu Financial, Inc. (VIRT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 29, 2026·SEC
Jan 29, 2026·SEC
Oct 29, 2025·SEC
Virtu Financial, Inc. (VIRT) stock FAQ — growth, dividends, profitability & financials explained
Virtu Financial, Inc. (VIRT) grew revenue by 26.2% over the past year. This is strong growth.
Yes, Virtu Financial, Inc. (VIRT) is profitable, generating $551.0M in net income for fiscal year 2025 (12.9% net margin).
Yes, Virtu Financial, Inc. (VIRT) pays a dividend with a yield of 2.03%. This makes it attractive for income-focused investors.
Virtu Financial, Inc. (VIRT) has a return on equity (ROE) of 27.1%. This is excellent, indicating efficient use of shareholder capital.
Virtu Financial, Inc. (VIRT) has a net interest margin (NIM) of 1.8%. NIM has been under pressure due to interest rate environment.
Virtu Financial, Inc. (VIRT) has an efficiency ratio of 14.2%. This is excellent, indicating strong cost control.
Virtu Financial, Inc. (VIRT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates