Filing Flows › Virtu Financial (VIRT) › Q2 2026 › vs Q2 2025
Virtu Financial (VIRT) Q2 2026 vs Q2 2025 (year over year)
Virtu Financial's revenue rose $190M (+19%) from $1.0B in Q2 2025 to $1.2B in Q2 2026. Operating margin 28.8% against 34.7% (-5.9 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 28.8% | 34.7% | -5.9 pts |
| Net margin | 12.7% | 15.1% | -2.4 pts |
| Free cash flow margin | 8.2% | 5.8% | +2.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $190M | +19% |
| Operating profit | $343M | $347M | −$4.5M | -1% |
| Costs & expenses | $847M | $653M | $195M | +30% |
| Pre-tax earnings | $343M | $347M | −$4.5M | -1% |
| General & admin | $29.4M | $25.9M | $3.5M | +14% |
| Other operating costs | $818M | $627M | $191M | +31% |
| Net earnings | $151M | $151M | −$288K | -0.2% |
| Minority interests | $134M | $142M | −$7.8M | -5% |
| Income tax | $57.6M | $54.0M | $3.6M | +7% |
| Share-based compensation | $33.4M | $22.6M | $10.8M | +48% |
| Working capital & other | $67.2M | $111M | −$43.8M | -39% |
| Operating cash flow | $117M | $62.8M | $54.3M | +87% |
| Free cash flow (OCF − capex) | $98.1M | $57.6M | $40.5M | +70% |
| Capital expenditures | $19.0M | $5.2M | $13.8M | +265% |
Questions
How much did Virtu Financial's revenue grow year over year in Q2 2026?
Virtu Financial's revenue rose $190M (+19%) from $1.0B in Q2 2025 to $1.2B in Q2 2026. Operating margin 28.8% against 34.7% (-5.9 pts).