VIRT
Virtu Financial, Inc.33.85
+0.47+1.41%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
7.22BP/E (TTM)
7.34Basic EPS (TTM)
4.61Dividend Yield
0.03%Recent Filings
10-K
8-K
10-Q
Q3 FY2025 results
Virtu Financial posted Q3 revenues of $824.8M, up 16.7% y/y from $706.8M, with trading income jumping 19.2% y/y to $529.1M on higher volumes across global markets while commissions rose 17.4% y/y to $154.5M from stronger institutional flows. Net income climbed to $149.1M from $119.0M y/y, or $0.86 diluted EPS versus $0.64, reconciling to 84.8M diluted shares. Adjusted net trading income grew 20.4% y/y to $467.0M. Cash fell to $707.9M from $872.5M ytd amid $9.0M operating cash flow; total debt rose to $2.2B including $2.0B long-term at ~6.7% weighted rate maturing 2031. Deconsolidated RFQ-hub in May for $67.0M gain. Ongoing SEC litigation lingers.
8-K
Q3 revenues hit $824.8M
Virtu Financial reported third-quarter 2025 results on October 29, showing total revenues up 16.7% to $824.8 million and net income rising 25.3% to $149.1 million versus the prior year. Trading income, net, climbed 19.2% to $529.1 million, while Adjusted EBITDA surged 24.7% to $267.8 million with a 57.3% margin. Revenues grew across Market Making and Execution Services segments. The board declared a $0.24 per share dividend, payable December 15. Virtu repurchased $20.9 million in shares.
8-K
CEO Simons' enhanced compensation
Virtu Financial amended Aaron Simons' employment agreement on September 30, 2025, formalizing his CEO role since August 1 and boosting his base salary to $1.2 million from $600,000, with a $3 million target bonus and a $7.5 million sign-on bonus. The five-year deal ties bonuses and equity to EBITDA goals, vesting over time. Yet risks loom if targets falter. Forward-looking elements hinge on performance amid market uncertainties.
ETOR
eToro Group Ltd.
36.02-0.53
FUFU
BitFuFu Inc.
2.66+0.05
FUTU
Futu Holdings Limited
163.39+1.50
JEF
Jefferies Financial Group Inc.
61.26-0.29
LAZ
Lazard, Inc.
50.70+0.03
MS
Morgan Stanley
176.51-1.28
SIEB
Siebert Financial Corp.
4.04+0.17
TW
Tradeweb Markets Inc.
103.83-0.37
VRTS
Virtus Investment Partners, Inc
166.59+0.69
WULF
TeraWulf Inc.
12.99+0.50