Quarterly ResultMay 1, 2026, 04:08 PM
Virtu Financial Q1 EPS $1.99, Net Income $182.3M; Revenue $1.1B
AI Summary
Virtu Financial reported strong financial results for the first quarter of 2026, with significant increases across key metrics. Net income available for common stockholders surged to $182.3 million, leading to a basic earnings per share of $1.99. Total revenue climbed to $1.095 billion, primarily driven by higher trading income and commissions. The company also saw an increase in its total assets and equity.
Key Highlights
- Net income available for common stockholders rose 82.9% to $182.3 million.
- Basic earnings per share increased 82.6% to $1.99 for the quarter.
- Total revenue grew 30.7% to $1.095 billion.
- Trading income, net, increased to $789.1 million.
- Commissions, net and technology services, rose to $186.6 million.
- Total assets increased to $25.1 billion as of March 31, 2026.
- Total equity increased to $2.2 billion as of March 31, 2026.
- Net cash used in operating activities was $149 thousand.
- The company declared a dividend of $0.24 per share of Class A common stock.