Filing Flows › Virtu Financial (VIRT) › Q3 2026 › vs Q2 2026
Virtu Financial (VIRT) Q3 2026 vs Q2 2026 (quarter over quarter)
Virtu Financial's revenue fell $36.0M (-3%) from $1.2B in Q2 2026 to $1.2B in Q3 2026. Operating margin 28.7% against 28.8% (-0.1 pts).
Virtu Financial, Q3 2026: revenue $1.2B (+40% year over year), operating margin 28.7%, net earnings $153M, operating cash flow $344M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 28.7% | 28.8% | -0.1 pts |
| Net margin | 13.3% | 12.7% | +0.6 pts |
| Free cash flow margin | 24.3% | 8.2% | +16.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | −$36.0M | -3% |
| Operating profit | $331M | $343M | −$11.5M | -3% |
| Costs & expenses | $823M | $847M | −$24.6M | -3% |
| Pre-tax earnings | $331M | $343M | −$11.5M | -3% |
| General & admin | $34.8M | $29.4M | $5.3M | +18% |
| Other operating costs | $788M | $818M | −$29.9M | -4% |
| Net earnings | $153M | $151M | $2.4M | +2% |
| Minority interests | $129M | $134M | −$4.7M | -4% |
| Income tax | $48.6M | $57.6M | −$9.1M | -16% |
| Share-based compensation | $33.8M | $33.4M | $442K | +1% |
| Working capital & other | $157M | −$67.2M | $224M | — |
| Operating cash flow | $344M | $117M | $227M | +194% |
| Free cash flow (OCF − capex) | $281M | $98.1M | $183M | +186% |
| Capital expenditures | $63.2M | $19.0M | $44.1M | +232% |
Questions
How much did Virtu Financial's revenue grow quarter over quarter in Q3 2026?
Virtu Financial's revenue fell $36.0M (-3%) from $1.2B in Q2 2026 to $1.2B in Q3 2026. Operating margin 28.7% against 28.8% (-0.1 pts).