Filing Flows › Virtu Financial (VIRT) › Q2 2026 › vs Q1 2026
Virtu Financial (VIRT) Q2 2026 vs Q1 2026 (quarter over quarter)
Virtu Financial's revenue rose $94.6M (+9%) from $1.1B in Q1 2026 to $1.2B in Q2 2026. Operating margin 28.8% against 37.4% (-8.6 pts).
Virtu Financial, Q2 2026: revenue $1.2B (+19% year over year), operating margin 28.8%, net earnings $151M, operating cash flow $117M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 28.8% | 37.4% | -8.6 pts |
| Net margin | 12.7% | 16.6% | -4.0 pts |
| Free cash flow margin | 8.2% | -0.5% | +8.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $94.6M | +9% |
| Operating profit | $343M | $410M | −$67.0M | -16% |
| Costs & expenses | $847M | $686M | $162M | +24% |
| Pre-tax earnings | $343M | $410M | −$67.0M | -16% |
| General & admin | $29.4M | $29.1M | $372K | +1% |
| Other operating costs | $818M | $657M | $161M | +25% |
| Net earnings | $151M | $182M | −$31.4M | -17% |
| Minority interests | $134M | $164M | −$30.3M | -18% |
| Income tax | $57.6M | $63.0M | −$5.3M | -8% |
| Share-based compensation | $33.4M | $34.5M | −$1.1M | -3% |
| Working capital & other | $67.2M | $217M | −$150M | -69% |
| Operating cash flow | $117M | −$149K | $117M | — |
| Free cash flow (OCF − capex) | $98.1M | −$5.8M | $104M | — |
| Capital expenditures | $19.0M | $5.6M | $13.4M | +240% |
Questions
How much did Virtu Financial's revenue grow quarter over quarter in Q2 2026?
Virtu Financial's revenue rose $94.6M (+9%) from $1.1B in Q1 2026 to $1.2B in Q2 2026. Operating margin 28.8% against 37.4% (-8.6 pts).