Filing Flows › Virtu Financial (VIRT) › Q3 2026 › vs Q3 2025
Virtu Financial (VIRT) Q3 2026 vs Q3 2025 (year over year)
Virtu Financial's revenue rose $329M (+40%) from $825M in Q3 2025 to $1.2B in Q3 2026. Operating margin 28.7% against 21.8% (+6.9 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 28.7% | 21.8% | +6.9 pts |
| Net margin | 13.3% | 9.4% | +3.9 pts |
| Free cash flow margin | 24.3% | -9.3% | +33.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $825M | $329M | +40% |
| Operating profit | $331M | $180M | $151M | +84% |
| Costs & expenses | $823M | $645M | $178M | +28% |
| Pre-tax earnings | $331M | $180M | $151M | +84% |
| General & admin | $34.8M | $24.9M | $9.9M | +40% |
| Other operating costs | $788M | $620M | $168M | +27% |
| Net earnings | $153M | $77.6M | $75.6M | +97% |
| Minority interests | $129M | $71.4M | $57.9M | +81% |
| Income tax | $48.6M | $30.9M | $17.6M | +57% |
| Share-based compensation | $33.8M | $26.9M | $6.9M | +26% |
| Working capital & other | $157M | −$173M | $330M | — |
| Operating cash flow | $344M | −$68.7M | $413M | — |
| Free cash flow (OCF − capex) | $281M | −$76.7M | $358M | — |
| Capital expenditures | $63.2M | $8.0M | $55.2M | +689% |
Questions
How much did Virtu Financial's revenue grow year over year in Q3 2026?
Virtu Financial's revenue rose $329M (+40%) from $825M in Q3 2025 to $1.2B in Q3 2026. Operating margin 28.7% against 21.8% (+6.9 pts).