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Complete financial analysis of Virtu Financial, Inc. (VIRT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Virtu Financial, Inc., a leading company in the Financial – Capital Markets industry within the Financial Services sector.
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Virtu Financial, Inc. (VIRT)
About Virtu Financial, Inc.
Virtu Financial, Inc., a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. The company's solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrencies, and other commodities. Its analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across markets. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.29B | 2.01B | 2.58B | 2.94B | 1.20B | 1.31B | 766.38M | 611.77M | 714.54M | 645.08M | 584.64M | 540.43M | 461.21M |
| Cost of Revenue | 902.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 264.57M |
| Gross Profit | 1.39B | 2.01B | 2.58B | 2.94B | 1.20B | 1.31B | 766.38M | 611.77M | 714.54M | 645.08M | 584.64M | 540.43M | 196.65M |
| Gross Profit Ratio | 60.65% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 42.64% |
| Research & Development | 0.00 | 40.20M | 39.40M | 29.30M | 21.00M | 20.40M | 10.10M | 10.10M | 9.60M | 10.40M | 11.00M | 9.40M | 0.00 |
| General & Administrative | 230.76M | 1.12M | 843.00K | 441.00K | 0.00 | 4.39M | 0.00 | 0.00 | 0.00 | 3.00M | 0.00 | 0.00 | 7.99M |
| Selling & Marketing | 0.00 | 382.88M | 370.17M | 383.25M | 0.00 | 203.21M | 0.00 | 0.00 | 0.00 | 83.25M | 0.00 | 0.00 | 0.00 |
| SG&A | 230.76M | 384.00M | 371.01M | 383.69M | 263.35M | 207.59M | 140.30M | 88.20M | 92.26M | 86.25M | 80.66M | 76.21M | 7.99M |
| Other Expenses | 0.00 | 1.03B | 1.17B | 1.14B | 1.03B | 388.83M | 502.81M | 333.88M | 396.75M | 354.87M | 305.38M | 365.49M | 49.89M |
| Operating Expenses | 423.26M | 1.45B | 1.59B | 1.56B | 1.31B | 616.83M | 653.21M | 432.18M | 498.61M | 451.52M | 397.04M | 451.11M | 57.88M |
| Cost & Expenses | 423.26M | 1.45B | 1.59B | 1.56B | 1.31B | 616.83M | 653.21M | 432.18M | 498.61M | 451.52M | 397.04M | 451.11M | 322.45M |
| Interest Income | 0.00 | 0.00 | 0.00 | ||||||||||
| Interest Expense | 0.00 | 75.20M | 14.61M | ||||||||||
| Depreciation & Amortization | 127.27M | 131.21M | 137.48M | 141.00M | 136.24M | 87.28M | 62.77M | 29.91M | 33.84M | 30.65M | 24.93M | 89.63M | 49.89M |
| EBITDA | 1.05B | 699.06M | 1.17B | 1.49B | 233.49M | 486.28M | 147.80M | 210.40M | 300.47M | 241.00M | 221.23M | 199.65M | 188.66M |
| EBITDA Ratio | 45.88% | 34.82% | 45.14% | 50.65% | 19.51% | 37.03% | 19.28% | 34.39% | 42.05% | 37.36% | 37.84% | 36.94% | 40.91% |
| Operating Income | 967.72M | 567.85M | 1.03B | 1.35B | 97.26M | 399.01M | 85.02M | 180.49M | 266.63M | 210.34M | 196.30M | 110.02M | 138.77M |
| Operating Income Ratio | 42.20% | 28.28% | 39.81% | 45.86% | 8.13% | 30.38% | 11.09% | 29.50% | 37.31% | 32.61% | 33.58% | 20.36% | 30.09% |
| Total Other Income/Expenses | -642.59M | -11.05M | -31.05M | 34.56M | -213.24M | 297.36M | 28.14M | -897.00K | -50.70M | -92.58M | -8.70M | -89.04M | -37.78M |
| Income Before Tax | 325.13M | 556.80M | 996.90M | 1.38B | -115.98M | 696.36M | 113.16M | 179.59M | 215.93M | 193.56M | 187.60M | 89.33M | 100.99M |
| Income Before Tax Ratio | 14.18% | 27.73% | 38.61% | 47.03% | -9.69% | 53.03% | 14.77% | 29.36% | 30.22% | 30.01% | 32.09% | 16.53% | 21.90% |
| Income Tax Expense | 61.21M | 88.47M | 169.67M | 261.92M | 12.28M | 76.17M | 94.27M | 21.25M | 18.44M | 3.50M | 5.40M | 1.77M | 11.70M |
| Net Income | 142.04M | 265.03M | 476.88M | 649.20M | -60.52M | 289.44M | 1.61M | 34.72M | 20.89M | 190.06M | 182.20M | 87.56M | 89.29M |
| Net Income Ratio | 6.19% | 13.20% | 18.47% | 22.08% | -5.06% | 22.04% | 0.21% | 5.68% | 2.92% | 29.46% | 31.16% | 16.20% | 19.36% |
| EPS | 1.42 | 2.45 | 3.95 | 5.19 | -0.53 | 2.82 | 0.03 | 0.83 | 0.60 | 5.97 | 1.80 | 0.88 | 2.81 |
| EPS Diluted | 1.42 | 2.44 | 3.91 | 5.16 | -0.53 | 2.78 | 0.03 | 0.83 | 0.59 | 5.97 | 1.80 | 0.88 | 2.81 |
| Weighted Avg Shares Out | 94.08M | 104.00M | 117.34M | 121.69M | 113.92M | 100.88M | 62.58M | 38.54M | 34.96M | 31.83M | 31.83M | 31.83M | 31.83M |
| Weighted Avg Shares Out (Dil) | 94.08M | 104.42M | 118.42M | 122.33M | 113.92M | 102.09M | 62.58M | 38.54M | 35.34M | 31.90M | 31.83M | 31.83M | 31.83M |
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The Spot Bitcoin ETFs' launch is proving to be fruitful for Virtu Financial (VIRT) and it is likely to continue expanding its addressable market opportunity.
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NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Virtu Financial Inc. (Nasdaq: VIRT) (the “Company”) announced today that it intends to hold one or more meetings with potential investors with respect to a potential opportunistic offering of senior secured first...
Why Is Virtu Financial (VIRT) Up 0.8% Since Last Earnings Report?
Virtu Financial (VIRT) reported earnings 30 days ago. What's next for the stock?
Virtu Financial Congratulates Michelle Hosea, Recipient of the Rising Star Award at Women in Finance Asia Awards
NEW YORK, May 17, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, is pleased to congratulate...
Surging Earnings Estimates Signal Upside for Virtu Financial (VIRT) Stock
Virtu Financial (VIRT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Virtu Financial (VIRT) Upgraded to Strong Buy: Here's What You Should Know
Virtu Financial (VIRT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Virtu Financial (VIRT) Q1 Earnings Beat on Interest Income
Virtu Financial's (VIRT) Q1 results benefit from revenue growth in the Market Making unit, partly offset by increased communication and data processing costs.
Virtu Financial (VIRT) Beats Q1 Earnings and Revenue Estimates
Virtu Financial (VIRT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.74 per share a year ago.
Virtu Announces First Quarter 2024 Results
NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets,...
Can a Soft Market Making Unit Hurt Virtu's (VIRT) Q1 Earnings?
Virtu Financial's (VIRT) Q1 results are likely to suffer from weakness in Execution Services segment and lower net trading income, partly offset by improved interest and dividends income.
Source: https://incomestatements.info
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