Filing Flows › Virtu Financial (VIRT) › How it makes money
How Virtu Financial (VIRT) makes money
Virtu Financial (VIRT) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +40% from a year earlier. Of every dollar of revenue, 29¢ was left as operating profit, 13¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.2B | 100.0% |
| Operating profit | $331M | 28.7% |
| Income tax | $48.6M | 4.2% |
| Net earnings | $153M | 13.3% |
| Operating cash flow | $344M | 29.8% |
| Free cash flow | $281M | 24.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.2B | +40% |
| Q2 2026 | $1.2B | +19% |
| Q1 2026 | $1.1B | +31% |
| Q4 2025 | $970M | +16% |
| Q3 2025 | $825M | +17% |
| Q2 2025 | $1.0B | +44% |
| Q1 2025 | $838M | +30% |
From Virtu Financial's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Virtu Financial make money?
Virtu Financial (VIRT) made $1.2B of revenue in the third quarter 2026 (Q3 2026), +40% from a year earlier. Of every dollar of revenue, 29¢ was left as operating profit, 13¢ was left as net earnings.
What is Virtu Financial's profit margin?
Net earnings were $153M, 13.3% of revenue, in the third quarter 2026; the operating margin was 28.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.