Zacks Investment Research·Jun 25, 2026
Should You Buy Virtu Financial Stock Now? Key Factors to ConsiderVIRT has surged 87% this year as trading activity and execution services fuel growth, and there's more upside ahead.
Virtu Financial, Inc.(VIRT)Earnings, Financials & Key Ratios
VIRT•NASDAQ
$61.73
12.0× P/E·Price updated Jul 2, 2026
AboutVirtu Financial, Inc., a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. The company's solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrencies, and other commodities. Its analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across markets. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.Show more
- EBITDA$1.34B-6.6%
- Net Income$468M+69.4%
- EPS (Diluted)5.13+72.7%
- Gross Margin47.97%-21.9%
- EBITDA Margin36.87%-26.0%
- Operating Margin33.8%-26.2%
- Net Margin12.9%+34.2%
- ROE27.07%+41.6%
VIRT Price & Volume
Virtu Financial, Inc. (VIRT) stock price & volume — 10-year historical chart
Loading chart...
Scalable Trading Infrastructure Faces Regulatory Margin Headwinds
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Strong
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Regulatory Market Structure Reform
Key Thesis Takeaways
- Virtu Financial demonstrates significant operating leverage, evidenced by a 2026Q1 operating income of $446.1 million, as its technology-driven model captures heightened global market volatility.
- However, the firm's reliance on retail order internalization faces existential threats from potential SEC market structure reforms that could compress high-margin revenue streams.
- Investors should weigh the firm's aggressive capital return policy, including a $114.5 million dividend payout in 2026Q1, against the risks of a tightening liquidity position reflected in a 0.54 current ratio.
Verdict Logic
while the firm maintains a compelling 9.54 forward P/E ratio, the significant regulatory uncertainty surrounding retail order internalization and a declining current ratio of 0.54 suggest a cautious approach is warranted.
VIRT Growth Metrics
Virtu Financial, Inc. (VIRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years16.39%
5 Years2.32%
3 Years15.38%
TTM-
Profit CAGR
10 Years36.48%
5 Years-6.32%
3 Years20.9%
TTM72.03%
EPS CAGR
10 Years24.14%
5 Years-0.12%
3 Years28.11%
TTM81.5%
Return on Capital
10 Years9.77%
5 Years10.16%
3 Years8.73%
Last Year7.71%
VIRT Recent Earnings
Virtu Financial, Inc. (VIRT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$2.24+35.8%
$1.65
Rev
$787M+28.3%
$613M
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$1.85+44.5%
$1.28
Rev
$613M+18.2%
$519M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$1.05+17.8%
$0.89
Rev
$825M+90.0%
$434M
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$1.53+12.5%
$1.36
Rev
$1000M+128.4%
$438M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $2.24vs $1.65+35.8% | $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% |
Based on last 12 quarters of dataView full earnings history →
Latest VIRT News
Recent stock market news and headlines for Virtu Financial, Inc. (VIRT)
Zacks Investment Research·Jun 22, 2026
Why Virtu Financial (VIRT) is a Top Stock for the Long-TermThe Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Peers Comparison
Key metrics vs top competitors for Virtu Financial, Inc. (VIRT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $61.73 | $5.27B | 12.03 | 26.25% | 12.9% | 27.07% | 1.67% | |
| $108.65 | $97.88B | 53.00 | 51.58% | 41.12% | 21.38% | — | |
| $93.25 | $41.35B | 42.00 | 9.83% | 9.77% | 5.21% | — | |
| $114.49 | $4.07B | 17.19 | 3.82% | 35.34% | 24.02% | — | |
| $293.27 | $23.46B | 26.86 | 37.18% | 4.93% | 17.04% | — | |
| $1019.61 | $314.04B | 19.87 | -1.38% | 16.31% | 14.31% | — |
Compare VIRT vs Peers
Virtu Financial, Inc. (VIRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
VIRT SEC Filings & Documents
Virtu Financial, Inc. (VIRT) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 29, 2026·SEC
Material company update
Jan 29, 2026·SEC
Material company update
Oct 29, 2025·SEC
10-K Annual Reports
410-Q Quarterly Reports
6Get notified when VIRT posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
VIRT Frequently Asked Questions
Virtu Financial, Inc. (VIRT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Virtu Financial, Inc.'s revenue?
Virtu Financial, Inc. (VIRT) reported $3.89B in revenue for fiscal year 2025.
How fast is Virtu Financial, Inc. growing?
Virtu Financial, Inc. (VIRT) grew revenue by 26.2% over the past year. This is strong growth.
Is VIRT profitable?
Yes, Virtu Financial, Inc. (VIRT) is profitable, generating $551.0M in net income for fiscal year 2025 (12.9% net margin).
Dividend & Returns
Does VIRT pay dividends?
Yes, Virtu Financial, Inc. (VIRT) pays a dividend with a yield of 1.67%. This makes it attractive for income-focused investors.
What is VIRT's return on equity?
Virtu Financial, Inc. (VIRT) has a return on equity (ROE) of 27.1%. This is excellent, indicating efficient use of shareholder capital.
What is Virtu Financial, Inc.'s free cash flow?
Virtu Financial, Inc. (VIRT) generated $1.06B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.