Virtu Financial (VIRT) Net Margin (2014 - 2026)
Virtu Financial (VIRT) posted quarterly Net Margin of 23.94% for Q2 2026, down 537.0% year-over-year from 5.48% in Q2 2025, and down 24.32% on a QoQ basis from 31.64% in Q1 2026.
Virtu Financial (VIRT) Net Margin (2014 - 2026) Analysis & Trends
Virtu Financial has reported Net Margin for 13 years, with the latest figure at 23.94% in Q2 2026.
- Net Margin for Q2 2026 came in at 23.94%, down 537.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 26.01% (up 299.0% YoY), and the FY2025 annual result was 25.12%, up 654.0% from the prior year.
- Net Margin retreated to 23.94% in Q2 2026, from 31.64% in the prior quarter.
- Over five years, Net Margin peaked at 31.64% in Q1 2026 and troughed at 1.25% in Q4 2023.
- A 5-year average of 19.28% and a median of 18.57% in 2023 frame the typical range for Net Margin.
- The widest annual swing landed in 2023, when Net Margin tumbled 1879 bps; it then surged 1986 bps in 2024.
- A 5-year view of Net Margin shows it stood at 7.96% in 2022, then sank by 84 bps to 1.25% in 2023, then jumped by 1588 bps to 21.11% in 2024, then jumped by 37 bps to 28.93% in 2025, then decreased by 17 bps to 23.94% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 23.94% in Q2 2026, 31.64% in Q1 2026, and 28.93% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 25.46% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 31.46% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 37.91% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 42.89% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 16.46% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 7.31% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 36.98% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 6.87% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 52.66% |
| 10 | Virtu Financial | 5.78 Bn | 4.71 Bn | - | 23.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.94% |
| Mar 31, 2026 | 31.64% |
| Dec 31, 2025 | -13.72% |
| Sep 30, 2025 | 18.07% |
| Jun 30, 2025 | 29.31% |
| Mar 31, 2025 | 22.63% |
| Dec 31, 2024 | -11.54% |
| Sep 30, 2024 | 16.84% |
| Jun 30, 2024 | 101.60% |
| Mar 31, 2024 | 17.32% |
| Dec 31, 2023 | 5.84% |
| Sep 30, 2023 | 106.65% |
| Jun 30, 2023 | 27.00% |
| Mar 31, 2023 | 17.74% |
| Dec 31, 2022 | 7.96% |
| Sep 30, 2022 | 66.05% |
| Jun 30, 2022 | 24.62% |
| Mar 31, 2022 | 28.51% |
| Dec 31, 2021 | 129.31% |
| Sep 30, 2021 | 22.61% |