Filing Flows › Virtu Financial (VIRT) › Q1 2026
Virtu Financial (VIRT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Virtu Financial (VIRT) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +31% from a year earlier and +13% from the quarter before. Operating margin was 37.4%, net earnings $182M (16.6% of revenue).
Virtu Financial, Q1 2026: revenue $1.1B (+31% year over year), operating margin 37.4%, net earnings $182M, operating cash flow −$149K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +13% | +31% |
| Operating profit | $410M | +19% | +83% |
| Net earnings | $182M | +30% | +83% |
| Operating cash flow | −$149K | -100% | -101% |
What changed
Revenue was $1.1B in Q1 2026, up 31% year over year and up 13% from the previous quarter.
Operating profit was $0.41B, a 37.4% margin (up 10.7 points year over year). Of the extra revenue versus Q1 2025, 72% reached operating profit, above the 27% margin then. Total costs grew 12% against revenue growth of 31%. The fastest-growing cost line was General & admin (+31%). Net earnings were $0.18B, up 83% year over year. The effective tax rate was 15.4%.
Operating cash flow was −$149K. Non-cash charges added back $0.03B of share-based compensation. Working capital and other items used $0.38B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Virtu Financial's revenue in the first quarter 2026?
Virtu Financial (VIRT) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +31% from a year earlier and +13% from the quarter before.
Was Virtu Financial profitable in the first quarter 2026?
Operating profit was $410M (37.4% of revenue) and net earnings $182M.
Source: Virtu Financial 10-Q on SEC EDGAR.