Virtu Financial (VIRT) Intangibles (2014 - 2026)
Virtu Financial (VIRT) recorded Intangibles of $131.4 million in Q2 2026, down 26.4% from $178.5 million a year earlier and down 8.2% from the prior quarter.
Virtu Financial (VIRT) Intangibles (2014 - 2026) Analysis & Trends
At the end of FY2025, Virtu Financial reported Intangibles of $154.93 million, down 23.8% from FY2024.
- Annual Intangibles has declined for six straight years, with a five-year compound annual growth rate of -19.4% (FY2020 to FY2025).
- Across earlier years, Intangibles came in at $203.2 million in FY2024 (-21.1%), $257.52 million in FY2023 (-19.9%), $321.5 million in FY2022 (-16.8%) and $386.33 million in FY2021 (-15.0%).
- The Q2 2026 figure is the lowest quarterly Intangibles since Q4 2018.
- On a year-over-year basis, Intangibles has declined for 20 consecutive quarters, with an average decline of 22.8% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 14.9% (Q3 2021) to 26.4% (Q2 2026).
- Per Business Quant, the preceding three quarters came in at $143.15 million (Q1 2026), $154.93 million (Q4 2025) and $166.71 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 2.49 Bn |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 14.87 Bn |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 246.00 Mn |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 6.22 Bn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | - |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 1.18 Bn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 3.43 Bn |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 1.09 Bn |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 446.58 Mn |
| 10 | Virtu Financial | 4.95 Bn | 1.14 Bn | - | 131.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.40 Mn |
| Mar 31, 2026 | 143.15 Mn |
| Dec 31, 2025 | 154.93 Mn |
| Sep 30, 2025 | 166.71 Mn |
| Jun 30, 2025 | 178.50 Mn |
| Mar 31, 2025 | 190.30 Mn |
| Dec 31, 2024 | 203.20 Mn |
| Sep 30, 2024 | 215.00 Mn |
| Jun 30, 2024 | 226.82 Mn |
| Mar 31, 2024 | 242.83 Mn |
| Dec 31, 2023 | 257.52 Mn |
| Sep 30, 2023 | 273.50 Mn |
| Jun 30, 2023 | 289.44 Mn |
| Mar 31, 2023 | 305.50 Mn |
| Dec 31, 2022 | 321.50 Mn |
| Sep 30, 2022 | 337.50 Mn |
| Jun 30, 2022 | 353.60 Mn |
| Mar 31, 2022 | 369.90 Mn |
| Dec 31, 2021 | 386.33 Mn |
| Sep 30, 2021 | 402.91 Mn |
Virtu Financial Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=VIRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "VIRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=VIRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();