Quarterly ResultApr 29, 2026, 06:51 AM
VIRT Q1 Net Income +82.8% to $346.6M; Revenue +30.7% to $1.09B; Dividend $0.24
AI Summary
Virtu Financial, Inc. reported strong first quarter 2026 results with net income increasing 82.8% to $346.6 million and total revenues rising 30.7% to $1,095.3 million compared to the prior year period. Basic and diluted earnings per share grew 82.6% to $1.99. The company's Board of Directors also declared a quarterly cash dividend of $0.24 per share.
Key Highlights
- Net income increased 82.8% to $346.6 million in Q1 2026, compared to $189.6 million in Q1 2025.
- Total revenues rose 30.7% to $1,095.3 million in Q1 2026, up from $837.9 million in Q1 2025.
- Basic and diluted EPS grew 82.6% to $1.99, compared to $1.09 in the prior year quarter.
- Adjusted EBITDA increased 62.7% to $520.6 million for the quarter.
- The Board of Directors declared a quarterly cash dividend of $0.24 per share.
- Market Making segment total revenues increased to $915.7 million from $691.2 million YoY.
- Execution Services segment total revenues increased to $187.1 million from $141.0 million YoY.