Virtu Financial Q1 Revenue Up 30.7% to $1.095 B, EBITDA Margin 66.2%
Virtu Financial's Q1 2026 revenue rose 30.7% to $1.0953 billion with trading income up 33.8% to $789.1 million and adjusted EBITDA up 62.7% to $520.6 million (66.2% margin). Net income grew to $346.6 million (EPS $1.99), normalized EPS rose to $2.24, and a $0.24 dividend was declared.
1. Q1 Financial Highlights
Virtu Financial posted Q1 2026 revenue of $1.0953 billion, a 30.7% increase year-over-year, with trading income rising 33.8% to $789.1 million. Net income was $346.6 million ($1.99 EPS) and normalized adjusted net income reached $356.7 million ($2.24 EPS); adjusted EBITDA climbed 62.7% to $520.6 million (66.2% margin).
2. Operating Segment Performance
Market Making revenue grew to $915.7 million, driven by $782.4 million in trading income and $125.1 million in interest, while Execution Services delivered $187.1 million in revenue, including $6.7 million in trading income and $177.9 million in commissions and technology services.
3. Balance Sheet and Dividend
As of March 31, 2026, Virtu held $1.03 billion in cash and equivalents against $2.05 billion in long-term debt. The board declared a quarterly cash dividend of $0.24 per share, payable June 15 to holders of record on June 1, 2026.