Quarterly ResultApr 29, 2026, 06:57 AM
VIRT Q1 Net Income +82.8% to $346.6M; EPS $1.99; Revenue +30.7%
AI Summary
Virtu Financial, Inc. reported strong financial results for the first quarter ended March 31, 2026. Net income increased 82.8% to $346.6 million, with basic and diluted earnings per share rising to $1.99. Total revenues grew 30.7% to $1,095.3 million, driven by a 33.8% increase in trading income, net, to $789.1 million. The company's Board of Directors also declared a quarterly cash dividend of $0.24 per share.
Key Highlights
- Net income surged 82.8% to $346.6 million in Q1 2026 from $189.6 million in Q1 2025.
- Basic and diluted EPS increased to $1.99 in Q1 2026 from $1.09 in Q1 2025.
- Total revenues grew 30.7% to $1,095.3 million in Q1 2026 from $837.9 million in Q1 2025.
- Adjusted EBITDA rose 62.7% to $520.6 million in Q1 2026 from $319.9 million in Q1 2025.
- Market Making segment's trading income, net, was $782.4 million in Q1 2026.
- Execution Services segment's total revenues reached $187.1 million in Q1 2026.
- Board declared a quarterly cash dividend of $0.24 per share.
Price Impact
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