# Virtu Financial, Inc.: overview

VIRT · NYSE · CIK 1592386 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/virt.md) · [Financials](/companies/virt/financials.md) · [Filings](/companies/virt/filings.md) · [Insiders](/companies/virt/insiders.md)

Latest reported revenue: [$179.5m](/filings/0001592386-26-000028.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 31, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001592386-26-000028).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [132](/filings/0001592386-25-000149.md) | [140 d](/filings/0001592386-26-000009.md) | [151](/filings/0001592386-26-000016.md) | [154](/filings/0001592386-26-000028.md) | [154](/filings/0001592386-25-000149.md) | [157 d](/filings/0001592386-26-000009.md) | [187](/filings/0001592386-26-000016.md) | [180](/filings/0001592386-26-000028.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [45.5%](/filings/0001592386-25-000149.md) | [67.0% d](/filings/0001592386-26-000009.md) | [65.9%](/filings/0001592386-26-000016.md) | [98.3%](/filings/0001592386-26-000028.md) | [50.3%](/filings/0001592386-25-000149.md) | [88.9% d](/filings/0001592386-26-000009.md) | [97.7%](/filings/0001592386-26-000016.md) | [84.0%](/filings/0001592386-26-000028.md) |
| Diluted EPS | $ per share | [0.64](/filings/0001592386-25-000149.md) | not reported | [1.08](/filings/0001592386-26-000016.md) | [1.65](/filings/0001592386-26-000028.md) | [0.86](/filings/0001592386-25-000149.md) | not reported | [1.99](/filings/0001592386-26-000016.md) | [1.63](/filings/0001592386-26-000028.md) |
| Free cash flow | $m | [106 d](/filings/0001592386-25-000149.md) | [391 d](/filings/0001592386-26-000009.md) | [9.2](/filings/0001592386-26-000016.md) | [57.6 d](/filings/0001592386-26-000028.md) | [(76.7) d](/filings/0001592386-25-000149.md) | [506 d](/filings/0001592386-26-000009.md) | [(5.8)](/filings/0001592386-26-000016.md) | [98.1 d](/filings/0001592386-26-000028.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [614](/filings/0001592386-24-000026.md) | [530](/filings/0001592386-25-000055.md) | [456](/filings/0001592386-26-000009.md) | [517](/filings/0001592386-26-000009.md) | [617](/filings/0001592386-26-000009.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [77.6%](/filings/0001592386-24-000026.md) | [50.0%](/filings/0001592386-25-000055.md) | [31.2%](/filings/0001592386-26-000009.md) | [53.5%](/filings/0001592386-26-000009.md) | [75.9%](/filings/0001592386-26-000009.md) |
| Diluted EPS | $ per share | [3.91](/filings/0001592386-24-000026.md) | [2.44](/filings/0001592386-25-000055.md) | [1.42](/filings/0001592386-26-000009.md) | [2.97](/filings/0001592386-26-000009.md) | [5.13](/filings/0001592386-26-000009.md) |
| Free cash flow | $m | [1,147](/filings/0001592386-24-000026.md) | [680](/filings/0001592386-25-000055.md) | [454](/filings/0001592386-26-000009.md) | [587](/filings/0001592386-26-000009.md) | [496](/filings/0001592386-26-000009.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/virt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $698.5m | 11,725,337 |  | Added +778,102 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $356.4m | 5,982,692 |  | Added +445,971 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $281.5m | 4,724,931 |  | Reduced −62,653 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $220.9m | 3,709,026 |  | Added +101,433 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $182.8m | 3,068,091 |  | Added +159,200 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $170.9m | 2,868,268 |  | Reduced −60,500 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $169.6m | 2,847,444 |  | Added +1,484,925 |
| [Allspring Global Investments Holdings, LLC](/funds/1890906.md) | 2026-06-30 | $147.3m | 2,386,209 |  | Added +457,700 |
| [Portolan Capital Management, LLC](/funds/1350290.md) | 2026-06-30 | $127.6m | 2,142,215 |  | Added +930,328 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $108.7m | 1,825,725 |  | Reduced −94,865 |

## Recent filings

[All 773 filings](/companies/virt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-21 | 16:30 ET | [8-K](/filings/0001104659-26-099707.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-099707 |
| 2026-07-31 | 16:02 ET | [10-Q](/filings/0001592386-26-000028.md) | Quarterly report, period 2026-06-30 | 0001592386-26-000028 |
| 2026-07-30 | 06:05 ET | [8-K](/filings/0001592386-26-000023.md) | 2.02 Results of operations | 0001592386-26-000023 |
| 2026-07-23 | 16:10 ET | [8-K](/filings/0000950142-26-002156.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0000950142-26-002156 |
| 2026-07-14 | 07:55 ET | [8-K](/filings/0001592386-26-000019.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure | 0001592386-26-000019 |
| 2026-06-10 | 16:10 ET | [8-K](/filings/0001104659-26-072331.md) | 5.07 Shareholder vote results | 0001104659-26-072331 |
| 2026-06-09 | 16:06 ET | [8-K](/filings/0001104659-26-071832.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-071832 |
| 2026-05-01 | 16:02 ET | [10-Q](/filings/0001592386-26-000016.md) | Quarterly report, period 2026-03-31 | 0001592386-26-000016 |
| 2026-04-29 | 17:22 ET | [DEF 14A](/filings/0001104659-26-051774.md) | Proxy statement, period 2026-06-10 | 0001104659-26-051774 |
| 2026-04-29 | 06:55 ET | [8-K](/filings/0001592386-26-000012.md) | 2.02 Results of operations | 0001592386-26-000012 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001592386-26-000009.md), filed Feb 20, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/030627db-dc63-4cd5-89a9-73de3f07d274)

## About the filer

- CIK: 1592386
- Tickers: VIRT
- Exchange: NYSE
- SIC code: 6211 Security Brokers, Dealers & Flotation Companies
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.
