Virtu Financial (VIRT) Operating Expenses (2014 - 2026)

Virtu Financial (VIRT) posted quarterly Operating Expenses of $847.4 million for Q2 2026, up 29.86% year-over-year from $652.6 million in Q2 2025, and up 23.57% on a QoQ basis from $685.8 million in Q1 2026.

Virtu Financial (VIRT) Operating Expenses (2014 - 2026) Analysis & Trends

Virtu Financial has reported Operating Expenses for 13 years, with the latest figure at $847.4 million in Q2 2026.

  • Operating Expenses for Q2 2026 came in at $847.4 million, up 29.86% year-over-year; the trailing twelve-month figure through Jun 2026 was $2.8 billion (up 14.08% YoY), and the FY2025 annual result was $2.5 billion, up 13.7% from the prior year.
  • Operating Expenses climbed to $847.4 million in Q2 2026, from $685.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $847.4 million in Q2 2026 and troughed at $431.0 million in Q2 2022.
  • A 5-year average of $560.0 million and a median of $528.4 million in 2023 frame the typical range for Operating Expenses.
  • The widest annual swing landed in 2022, when Operating Expenses dropped 12.1%; it then advanced 29.86% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $458.1 million in 2022, then grew by 13.34% to $519.2 million in 2023, then grew by 21.67% to $631.7 million in 2024, then decreased by 0.85% to $626.3 million in 2025, then soared by 35.3% to $847.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $847.4 million in Q2 2026, $685.8 million in Q1 2026, and $626.3 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 13.90 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 11.67 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.29 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 734.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 81.75 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 381.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 4.67 Bn
10 Virtu Financial 4.99 Bn 4.38 Bn - 847.40 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 847.40 Mn
Mar 31, 2026 685.76 Mn
Dec 31, 2025 626.30 Mn
Sep 30, 2025 644.80 Mn
Jun 30, 2025 652.55 Mn
Mar 31, 2025 614.13 Mn
Dec 31, 2024 631.68 Mn
Sep 30, 2024 559.68 Mn
Jun 30, 2024 537.60 Mn
Mar 31, 2024 503.02 Mn
Dec 31, 2023 519.18 Mn
Sep 30, 2023 492.06 Mn
Jun 30, 2023 471.39 Mn
Mar 31, 2023 485.62 Mn
Dec 31, 2022 458.07 Mn
Sep 30, 2022 459.44 Mn
Jun 30, 2022 430.95 Mn
Mar 31, 2022 459.55 Mn
Dec 31, 2021 478.59 Mn
Sep 30, 2021 399.25 Mn