Virtu Financial (VIRT) Operating Expenses (2014 - 2026)
Virtu Financial (VIRT) posted Operating Expenses of $847.4 million for Q2 2026, up 23.57% on a QoQ basis from $685.8 million in Q1 2026, and up 29.86% year-over-year from $652.6 million in Q2 2025.
Analysis
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.
- On a quarterly basis, Operating Expenses rose 29.86% year-over-year to $847.4 million in Q2 2026; TTM through Jun 2026 was $2.8 billion, a 14.08% increase from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 13.7% from the prior year.
- Operating Expenses was $847.4 million for Q2 2026 at Virtu Financial, up from $685.8 million in the prior quarter.
- The five-year high for Operating Expenses was $847.4 million in Q2 2026, with the low at $431.0 million in Q2 2022.
- Average Operating Expenses over 5 years is $560.0 million, with a median of $528.4 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses decreased 12.1% in 2022, then rose 29.86% in 2026.
- Over 5 years, Operating Expenses stood at $458.1 million in 2022, then rose by 13.34% to $519.2 million in 2023, then rose by 21.67% to $631.7 million in 2024, then dropped by 0.85% to $626.3 million in 2025, then surged by 35.3% to $847.4 million in 2026.
- The last three Operating Expenses figures came in at $847.4 million (Q2 2026), $685.8 million (Q1 2026), and $626.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Virtu Financial | 8.96 Bn | 8.35 Bn | - | 847.40 Mn |
| 2 | StoneX | 8.04 Bn | -425.19 Mn | 1.47 Bn | 558.20 Mn |
| 3 | Bgc | 5.81 Bn | 5.19 Bn | - | 773.64 Mn |
| 4 | Marex | 5.43 Bn | 5.43 Bn | - | -538.30 Mn |
| 5 | Fdctech | 8.88 Mn | -17.00 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |