What is Virtu Financial's earnings per share (EPS)?

Virtu Financial (VIRT) reported diluted earnings per share of $5.13 for fiscal year 2025. This represents a 72.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Virtu Financial (VIRT) Financials

VIRT

Trailing 12 months to June 30, 2026

Revenue $4.1B +20.8% YoY

Net Income $83.3M -35.5% YoY

EPS (Diluted) $6.02 +37.1% YoY

Free Cash Flow $521.1M -7.7% YoY

Market Cap $5.4B as of Sep 11, 2026

Price / Sales 1.3x on $4.1B revenue, trailing 12 months to June 30, 2026

Price / Earnings 65.3x on $83.3M net income, trailing 12 months to June 30, 2026

Price / Book 2.9x on $1.9B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 31, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VIRT SEC filings page.

Virtu Financial (VIRT) reported $4.1B in revenue over the twelve months to Jun 30, 2026, up 20.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI VIRT FY2025 2026-08-29

Virtu’s dominant mechanic is cash generation that lags revenue expansion, alongside a balance sheet funded mainly by liabilities.

From FY2023 to FY2025, revenue increased from $2.3B to $3.6B, but operating cash flow moved only from $492M to $518M. That mismatch helps explain why free-cash-flow margin fell from 19.8% to 13.6%: more reported business did not translate proportionally into cash available after reinvestment.

Assets reached $20.2B in FY2025, while liabilities reached $18.2B, leaving liabilities as the primary funding layer. Debt-to-equity eased from 1.4x to 1.3x, indicating equity grew faster than long-term debt even as both the asset base and obligations expanded.

FY2025 operating cash flow of $518M converted to free cash flow of $496M, so only a relatively small portion was absorbed after operating cash generation. The near match between cash flow and free cash flow is consistent with capital expenditures of $23M being the main direct reinvestment outlay rather than a large additional cash drain.

Financial Health Signals

Financial Health Score 24/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Virtu Financial's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

Virtu Financial earned a return on assets of 0.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is unchanged from the prior year. Earnings ranks banks on that return over three years, and Virtu Financial scores 17/100 among other banks.

Growth

Virtu Financial reported revenue of $3.6B in fiscal year 2025, against $2.9B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Virtu Financial scores 83/100 among other banks.

Capital

Virtu Financial funded 7.9% of its assets with shareholders' equity at the end of fiscal year 2025, holding $1.6B of equity against $20.2B of assets. Capital ranks banks on that cushion, and Virtu Financial scores 8/100 among other banks.

Efficiency

Not available for Virtu Financial, and counted as zero in the overall score.

Credit Quality

Not available for Virtu Financial, and counted as zero in the overall score.

Stability

Virtu Financial reported net income of $912K in fiscal year 2025, against $535K in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Virtu Financial scores 38/100 among other banks.

Piotroski F-Score Partial

5/6

Virtu Financial passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

N/A

Virtu Financial reported $912K of net income while generating $518.4M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$1.2B

YoY+19.0%

QoQ+8.6%

5Y CAGR+16.7%

10Y CAGR+21.2%

Virtu Financial generated $1.2B in revenue in Q2 2026. This represents an increase of 19.0% from the same quarter a year earlier. Against the prior quarter it is up 8.6%.

Net Income

$150.9M

YoY-0.2%

QoQ-17.2%

5Y CAGR+19.1%

10Y CAGR+33.5%

Virtu Financial reported $150.9M in net income in Q2 2026. This represents a decrease of 0.2% from the same quarter a year earlier. Against the prior quarter it is down 17.2%.

EPS (Diluted)

$1.63

YoY-1.2%

QoQ-18.1%

5Y CAGR+26.7%

10Y CAGR+22.7%

Virtu Financial earned $1.63 per diluted share (EPS) in Q2 2026. This represents a decrease of 1.2% from the same quarter a year earlier. Against the prior quarter it is down 18.1%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$98.1M

YoY+70.4%

QoQ+1803.4%

5Y CAGR-14.3%

10Y CAGR+12.7%

Virtu Financial generated $98.1M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 70.4% from the same quarter a year earlier. Against the prior quarter it is up 1803.4%.

Cash & Debt

$1.1B

YoY+42.2%

QoQ+9.9%

5Y CAGR+4.7%

10Y CAGR+21.8%

Virtu Financial held $1.1B in cash against $2.0B in long-term debt as of Q2 2026.

Dividends Per Share

$0.24

YoY0.0%

QoQ0.0%

Virtu Financial paid $0.24 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

Diluted avg 88M

Virtu Financial had a weighted average of 88M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Margins & Returns

Net Margin

12.7%

YoY-2.4pp

QoQ-4.0pp

5Y change+1.2pp

10Y change+7.9pp

Virtu Financial's net profit margin was 12.7% in Q2 2026, showing the share of revenue converted to profit. This is down 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.0 percentage points.

Return on Equity

8.1%

YoY-2.7pp

QoQ-2.4pp

5Y change+4.1pp

10Y change+2.0pp

Virtu Financial's ROE was 8.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.4 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

Virtu Financial repurchased no shares in Q2 2026.

Capital Expenditures

$19.0M

YoY+265.3%

QoQ+239.5%

5Y CAGR+15.9%

10Y CAGR+15.9%

Virtu Financial invested $19.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 265.3% from the same quarter a year earlier. Against the prior quarter it is up 239.5%.

R&D Spending

Not reported for Q2 2026.

VIRT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIRT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Revenue	$4.1B	$3.6B+26.2%	$2.9B+25.4%	$2.3B-3.0%	$2.4B-15.9%	$2.8B-13.2%	$3.2B+113.5%	$1.5B-19.2%	$1.9B+82.8%	$1.0B+46.4%	$702.3M-11.8%	$796.2M+10.1%	$723.1M+8.8%	$664.5M
SG&A Expenses	$108.4M	$97.9M+0.9%	$97.0M-2.0%	$99.0M+15.0%	$86.1M-2.4%	$88.1M-6.8%	$94.6M-8.8%	$103.6M+55.2%	$66.8M+7.5%	$62.1M+166.0%	$23.4M-10.1%	$26.0M+18.6%	$21.9M-19.4%	$27.2M
Interest Expense	$140.1M	$132.9M+35.8%	$97.8M-1.5%	$99.3M+7.9%	$92.0M+15.1%	$80.0M-8.9%	$87.7M-28.0%	$121.9M+69.7%	$71.8M+12.0%	$64.1M+126.3%	$28.3M-3.2%	$29.3M-5.3%	$30.9M+25.4%	$24.6M
Income Tax	$214.5M	$182.1M+64.9%	$110.4M+80.4%	$61.2M-30.8%	$88.5M-47.9%	$169.7M-35.2%	$261.9M+2233.5%	-$12.3M-116.1%	$76.2M-19.2%	$94.3M+343.6%	$21.3M+15.3%	$18.4M+426.7%	$3.5M-35.1%	$5.4M
Net Income	$83.3M	$912K+70.7%	$535K+102.5%	$264K-43.6%	$468K-43.4%	$827K-99.9%	$649.2M+1207.9%	-$58.6M-120.2%	$289.4M+9748.3%	$2.9M-91.1%	$33.0M+57.9%	$20.9M-89.0%	$190.1M+4.3%	$182.2M
EPS (Basic)	N/A	$5.14+72.5%	$2.98+109.9%	$1.42-42.0%	$2.45-38.0%	$3.95-23.9%	$5.19+1079.2%	-$0.53-118.8%	$2.82+9300.0%	$0.03-96.4%	$0.83+38.3%	$0.60	N/A	N/A
EPS (Diluted)	$6.02	$5.13+72.7%	$2.97+109.2%	$1.42-41.8%	$2.44-37.6%	$3.91	$5.16+1073.6%	-$0.53-119.1%	$2.78+9166.7%	$0.03	$0.83+40.7%	$0.59	N/A	N/A
Diluted Shares (Avg)	N/A	85M-2.9%	88M-6.6%	94M-9.9%	104M-11.8%	118M	122M+7.4%	114M+11.6%	102M+63.1%	63M	39M+9.1%	35M	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.2B+19.0%	$1.1B+30.7%	$969.9M+16.3%	$824.8M+16.7%	$999.6M+44.2%	$837.9M+30.3%	$834.3M+55.7%	$706.8M+12.2%
SG&A Expenses	$29.4M+13.7%	$29.1M+31.3%	$25.0M-9.7%	$24.9M-0.1%	$25.9M+17.4%	$22.1M-0.9%	$27.7M+3.3%	$24.9M+11.3%
Interest Expense	$34.8M+7.0%	$34.8M+16.6%	$37.1M+39.3%	$33.3M+36.0%	$32.6M+38.9%	$29.9M+28.7%	$26.6M+7.5%	$24.5M-3.4%
Income Tax	$57.6M+6.6%	$63.0M+84.7%	$63.0M+137.5%	$30.9M+10.0%	$54.0M+98.2%	$34.1M+19.6%	$26.5M+162.7%	$28.1M+37.2%
Net Income	$150.9M-0.2%	$182.3M+82.9%	-$327.6M-80.2%	$77.6M+29.5%	$151.2M+127.1%	$99.7M+78.6%	-$181.8M-33.5%	$60.0M-3.2%
EPS (Basic)	$1.63-1.2%	$1.99+82.6%	$1.54+49.5%	$0.86+32.3%	$1.65+132.4%	$1.09+84.7%	$1.03+1616.7%	$0.65+3.2%
EPS (Diluted)	$1.63-1.2%	$1.99+84.3%	$1.54+51.0%	$0.86+34.4%	$1.65+132.4%	$1.08+83.1%	$1.02+1600.0%	$0.64+1.6%
Diluted Shares (Avg)	88M+2.4%	86M+0.1%	N/A	85M-3.1%	86M-3.2%	86M-3.3%	N/A	88M-6.3%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

VIRT Balance Sheet

VIRT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Total Assets	$20.2B+31.2%	$15.4B+6.2%	$14.5B+36.7%	$10.6B+2.6%	$10.3B+3.6%	$10.0B+3.7%	$9.6B+30.2%	$7.4B+0.8%	$7.3B+98.2%	$3.7B+8.9%	$3.4B+2.2%	$3.3B	N/A
Cash & Equivalents	$1.1B+21.7%	$872.5M+6.3%	$820.4M-16.4%	$981.6M-8.4%	$1.1B+20.4%	$889.6M+21.5%	$732.2M+0.4%	$729.5M+36.9%	$532.9M+193.7%	$181.4M+11.1%	$163.2M+115.2%	$75.9M+14.9%	$66.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B+37.3%	$836.6M-1.0%	$844.9M+18.1%	$715.4M0.0%	$715.4M0.0%	$715.4M	N/A
Total Liabilities	$18.2B+31.0%	$13.9B+6.2%	$13.1B+46.2%	$8.9B+5.6%	$8.5B+4.3%	$8.1B-3.2%	$8.4B+42.4%	$5.9B-4.6%	$6.2B+95.3%	$3.2B+11.4%	$2.8B+0.8%	$2.8B	N/A
Long-Term Debt	$2.0B+17.2%	$1.7B+0.8%	$1.7B-3.8%	$1.8B+11.9%	$1.6B-2.1%	$1.6B-14.5%	$1.9B+111.4%	$907.0M-34.7%	$1.4B+145.8%	$565.0M+14.5%	$493.6M	N/A	N/A
Total Equity	$1.6B+26.2%	$1.3B+4.3%	$1.2B-10.4%	$1.3B-13.4%	$1.5B+5.5%	$1.5B+57.7%	$931.4M-11.5%	$1.1B+26.6%	$830.6M+470.2%	$145.7M+11.4%	$130.7M+1500593.6%	-$9K	N/A
Retained Earnings	$1.5B+30.0%	$1.2B+16.8%	$1.0B+2.9%	$972.3M+17.1%	$830.5M+96.6%	$422.4M+567.4%	-$90.4M-193.6%	$96.5M+255.3%	-$62.1M-4854.5%	-$1.3M-135.6%	$3.5M+103.9%	-$91.4M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$27.5B+42.5%	$25.1B+43.1%	$20.2B+31.2%	$21.3B+47.7%	$19.3B+38.4%	$17.5B+37.2%	$15.4B+6.2%	$14.4B-18.3%
Cash & Equivalents	$1.1B+42.2%	$973.2M+34.5%	$1.1B+21.7%	$707.9M+0.9%	$752.1M+9.8%	$723.6M+81.1%	$872.5M+6.3%	$701.4M+1.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%
Total Liabilities	$25.2B+42.5%	$22.9B+43.4%	$18.2B+31.0%	$19.6B+50.8%	$17.7B+41.2%	$16.0B+40.7%	$13.9B+6.2%	$13.0B-19.4%
Long-Term Debt	$2.0B+16.2%	$2.0B+16.3%	$2.0B+17.2%	$2.0B+17.1%	$1.7B+0.3%	$1.7B+0.8%	$1.7B+0.8%	$1.7B-2.1%
Total Equity	$1.9B+32.7%	$1.7B+32.5%	$1.6B+26.2%	$1.5B+18.1%	$1.4B+14.3%	$1.3B+8.1%	$1.3B+4.3%	$1.2B-2.6%
Retained Earnings	$1.8B+29.1%	$1.6B+32.3%	$1.5B+30.0%	$1.4B+27.7%	$1.4B+27.7%	$1.2B+20.6%	$1.2B+16.8%	$1.1B+7.8%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

VIRT Cash Flow Statement

VIRT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Operating Cash Flow	$557.6M	$518.4M-13.5%	$599.0M+21.8%	$491.8M-30.4%	$706.8M-39.7%	$1.2B+10.4%	$1.1B+528.6%	$168.8M-76.4%	$714.6M+145.9%	$290.6M+21.3%	$239.6M-7.9%	$260.3M-4.6%	$272.7M+5.1%	$259.4M
Depreciation & Amortization	N/A	$74.6M-12.8%	$85.5M-13.3%	$98.6M0.0%	$98.6M-5.8%	$104.7M-15.0%	$123.2M-3.7%	$127.9M+71.6%	$74.5M+42.6%	$52.2M+163.7%	$19.8M-41.1%	$33.6M+10.5%	$30.4M+27.3%	$23.9M
Stock-Based Compensation	N/A	$100.4M+33.0%	$75.5M+18.1%	$63.9M-4.9%	$67.2M+20.6%	$55.8M-6.8%	$59.8M-16.6%	$71.7M+124.6%	$31.9M+21.6%	$26.3M+14.8%	$22.9M-63.0%	$61.9M+334.7%	$14.2M+5.9%	$13.4M
Capital Expenditures	$36.5M	$22.8M+83.5%	$12.4M-67.1%	$37.8M+38.9%	$27.2M+10.7%	$24.6M-15.0%	$28.9M+210.0%	$9.3M-64.8%	$26.5M+39.8%	$18.9M+59.6%	$11.9M-27.1%	$16.3M-42.1%	$28.1M+28.2%	$21.9M
Free Cash Flow	$521.1M	$495.6M-15.5%	$586.6M+29.2%	$454.0M-33.2%	$679.6M-40.8%	$1.1B+11.2%	$1.0B+547.2%	$159.5M-76.8%	$688.1M+153.3%	$271.6M+19.3%	$227.7M-6.7%	$244.0M-0.2%	$244.6M+3.0%	$237.4M
Investing Cash Flow	-$108.9M	-$40.6M+34.3%	-$61.8M+34.5%	-$94.5M-220.0%	-$29.5M+66.2%	-$87.3M-3313.4%	-$2.6M+99.7%	-$899.6M-373.3%	$329.2M+139.3%	-$838.0M-1320.0%	-$59.0M-142.9%	-$24.3M	N/A	N/A
Financing Cash Flow	-$99.0M	-$281.0M+40.1%	-$469.6M+19.7%	-$585.0M+20.5%	-$735.7M+23.2%	-$957.9M-14.0%	-$839.9M-209.1%	$769.6M+192.1%	-$835.5M-193.9%	$889.8M+651.9%	-$161.2M-11.7%	-$144.4M	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$120.5M+7.2%	$112.4M+12.0%	$100.3M+57.2%	$63.8M+69.0%	$37.8M+117.5%	$17.4M	N/A	N/A
Share Buybacks	$0	$1.6M	$0-100.0%	$1.6M-81.0%	$8.3M+139.0%	$3.5M	$0-100.0%	$196K-99.7%	$66.2M+2368.1%	$2.7M-40.9%	$4.5M+18.9%	$3.8M	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$117.1M+86.6%	-$149K-101.0%	$509.4M+30.1%	-$68.7M-161.3%	$62.8M-87.2%	$15.0M+103.8%	$391.5M+12.5%	$112.1M-34.1%
Stock-Based Compensation	N/A	$34.5M+57.4%	N/A	N/A	N/A	$21.9M+45.6%	N/A	N/A
Capital Expenditures	$19.0M+265.3%	$5.6M-2.2%	$3.9M+2030.9%	$8.0M+36.2%	$5.2M+33.0%	$5.7M+103.6%	-$181K-98.7%	$5.9M+142.0%
Free Cash Flow	$98.1M+70.4%	-$5.8M-162.4%	$505.5M+29.2%	-$76.7M-172.2%	$57.6M-88.2%	$9.2M+102.3%	$391.3M+16.9%	$106.2M-36.6%
Investing Cash Flow	-$43.6M-322.2%	-$36.1M-16.3%	-$2.8M+54.1%	-$26.4M-37.4%	$19.6M+318.9%	-$31.0M-12.9%	-$6.2M+74.2%	-$19.2M-25.4%
Financing Cash Flow	$30.8M+140.5%	-$56.6M+57.0%	-$136.7M+30.5%	$63.4M+181.2%	-$76.1M+61.0%	-$131.7M-36473.8%	-$196.7M+1.5%	-$78.2M+54.1%
Share Buybacks	$0	$0-100.0%	$0	$0	$0	$1.6M	$0-100.0%	$0-100.0%

Not reported in any period shown, so not listed: Depreciation & Amortization, Dividends Paid.

VIRT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

VIRT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-20.0pp	20.0%+23.9pp	-3.9%-19.3pp	15.4%+15.1pp	0.3%-4.4pp	4.7%+2.1pp	2.6%-23.7pp	26.3%-1.1pp	27.4%
Return on Equity	0.1%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.1%-44.2pp	44.2%+50.5pp	-6.3%-33.8pp	27.5%+27.2pp	0.4%-22.3pp	22.6%+6.7pp	16.0%	N/A	N/A
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-6.5pp	6.5%+7.1pp	-0.6%-4.5pp	3.9%+3.9pp	0.0%-0.9pp	0.9%+0.3pp	0.6%-5.1pp	5.7%	N/A
Debt-to-Equity	1.29-0.1x	1.390.0x	1.44+0.1x	1.34+0.3x	1.04-0.1x	1.12-0.9x	2.06+1.2x	0.86-0.8x	1.67-2.2x	3.88+0.1x	3.78	N/A	N/A
Asset Turnover	0.180.0x	0.190.0x	0.16-0.1x	0.220.0x	0.27-0.1x	0.33+0.2x	0.16-0.1x	0.25+0.1x	0.140.0x	0.190.0x	0.230.0x	0.22	N/A
FCF Margin	13.6%-6.8pp	20.4%+0.6pp	19.8%-8.9pp	28.7%-12.1pp	40.8%+8.9pp	31.9%+21.3pp	10.5%-26.1pp	36.6%+10.2pp	26.4%-6.0pp	32.4%+1.8pp	30.6%-3.2pp	33.8%-1.9pp	35.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	12.7%-2.4pp	16.6%+4.7pp	-33.8%-12.0pp	9.4%+0.9pp	15.1%+5.5pp	11.9%+3.2pp	-21.8%+3.6pp	8.5%-1.3pp
Return on Equity	8.1%-2.7pp	10.5%+2.9pp	-20.7%-6.2pp	5.3%+0.5pp	10.7%+5.3pp	7.6%+3.0pp	-14.5%-3.2pp	4.9%0.0pp
Return on Assets	0.5%-0.2pp	0.7%+0.2pp	-1.6%-0.4pp	0.4%-0.1pp	0.8%+0.3pp	0.6%+0.1pp	-1.2%-0.2pp	0.4%+0.1pp
Debt-to-Equity	1.08-0.2x	1.17-0.2x	1.29-0.1x	1.400.0x	1.24-0.2x	1.33-0.1x	1.390.0x	1.410.0x
Asset Turnover	0.040.0x	0.040.0x	0.050.0x	0.040.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x
FCF Margin	8.2%+2.5pp	-0.5%-1.6pp	52.1%+5.2pp	-9.3%-24.3pp	5.8%-64.5pp	1.1%+63.1pp	46.9%-15.5pp	15.0%-11.6pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Virtu Financial VIRT	FY2025	$3.6B	$912K	0.0%	$5.4B	24/100
Marketaxess Hldgs Inc MKTX	FY2025	$846.3M	$246.9M	29.2%	$5.7B	56/100
Bitmine Immersion Technologies Inc BMNR	FY2025	$6K	$349K	N/A	$14.6B	—
IREN Ltd IREN	FY2026	$707.0M	-$702.6M	-99.4%	$17.9B	34/100
Pjt Partners Inc PJT	FY2025	$1.7B	$180.1M	10.5%	$4.6B	51/100
Riot Platforms RIOT	FY2025	$647.4M	-$663.2M	N/A	$8.3B	35/100

Where Virtu Financial Ranks

Frequently Asked Questions

What is Virtu Financial's annual revenue?

Virtu Financial (VIRT) reported $3.6B in total revenue for fiscal year 2025. This represents a 26.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Virtu Financial's revenue growing?

Virtu Financial (VIRT) revenue grew by 26.2% year-over-year, from $2.9B to $3.6B in fiscal year 2025.

Is Virtu Financial profitable?

Yes, Virtu Financial (VIRT) reported a net income of $912K in fiscal year 2025, with a net profit margin of 0.0%.

How much debt does Virtu Financial have?

As of fiscal year 2025, Virtu Financial (VIRT) had $1.1B in cash and equivalents against $2.0B in long-term debt.

What is Virtu Financial's net profit margin?

Virtu Financial (VIRT) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Virtu Financial pay dividends?

Yes, Virtu Financial (VIRT) paid $0.24 per share in dividends during fiscal year 2025.

What is Virtu Financial's return on equity (ROE)?

Virtu Financial (VIRT) has a return on equity of 0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Virtu Financial's free cash flow?

Virtu Financial (VIRT) generated $495.6M in free cash flow during fiscal year 2025. This represents a -15.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Virtu Financial's operating cash flow?

Virtu Financial (VIRT) generated $518.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Virtu Financial's total assets?

Virtu Financial (VIRT) had $20.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Virtu Financial's capital expenditures?

Virtu Financial (VIRT) invested $22.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Virtu Financial buy back shares?

Yes, Virtu Financial (VIRT) spent $1.6M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Virtu Financial's debt-to-equity ratio?

Virtu Financial (VIRT) had a debt-to-equity ratio of 1.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Virtu Financial's return on assets (ROA)?

Virtu Financial (VIRT) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Virtu Financial's P/E ratio?

Virtu Financial (VIRT) trades at 65.3x earnings, its market capitalization divided by net income of $83.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $5.4B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Virtu Financial's price-to-sales ratio?

Virtu Financial (VIRT) trades at 1.3x sales, its market capitalization divided by revenue of $4.1B revenue, trailing 12 months to June 30, 2026. The market capitalization is $5.4B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Virtu Financial's Piotroski F-Score?

Virtu Financial (VIRT) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Virtu Financial's earnings high quality?

Virtu Financial (VIRT) reported $912K of net income while generating $518.4M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Virtu Financial?

Virtu Financial (VIRT) scores 24 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.