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Stifel Financial vs Virtu Financial: SF and VIRT compared
Stifel Financial is the larger company: $1.6B of revenue in its latest quarter (Q3 2026) against $1.2B for Virtu Financial (Q3 2026). Virtu Financial is growing faster (+40% against 0% a year earlier). Virtu Financial is more profitable, with an operating margin of 28.7% against 18.9%.
Where the money goes: SF and VIRT
Stifel Financial (SF) · Q3 2026
Stifel Financial, Q3 2026: revenue $1.6B (0% year over year), operating margin 18.9%, net earnings $234M, operating cash flow $801M. The chart follows the revenue to costs, profit and cash.
Virtu Financial (VIRT) · Q3 2026
Virtu Financial, Q3 2026: revenue $1.2B (+40% year over year), operating margin 28.7%, net earnings $153M, operating cash flow $344M. The chart follows the revenue to costs, profit and cash.
| Stifel Financial (SF) | Virtu Financial (VIRT) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.6B | $1.2B |
| Revenue growth, Y/Y | 0% | +40% |
| Operating margin | 18.9% | 28.7% |
| Net earnings | $234M | $153M |
| Net margin | 14.3% | 13.3% |
| Operating cash flow | $801M | $344M |
| Free cash flow | $753M | $281M |
| Market value | $11.4B | $4.8B |
| P/E | 10.0× | 4.0× |
| Analysts’ mean target | $80.88 | $69.43 |
Where the revenue comes from
Stifel Financial
- Other revenues: $636M (39%)
- Asset Management1: $492M (30%)
- Investment Banking: $306M (19%)
- Commissions: $201M (12%)
Questions
Which is bigger, Stifel Financial or Virtu Financial?
Stifel Financial is the larger company: $1.6B of revenue in its latest quarter (Q3 2026) against $1.2B for Virtu Financial (Q3 2026).
Is Stifel Financial or Virtu Financial growing faster?
Virtu Financial is growing faster (+40% against 0% a year earlier).
Which is more profitable, Stifel Financial or Virtu Financial?
Virtu Financial is more profitable, with an operating margin of 28.7% against 18.9%.
More: Stifel Financial earnings · how Stifel Financial makes money · Virtu Financial earnings · how Virtu Financial makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.