NYSE$VIRT

Virtu Financial Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Virtu Financial Inc reported Q2 2025 results with total revenues of $999.6 million and net income of $293.0 million.

The company achieved strong performance in market making activities amid favorable trading conditions. Total revenues reached $999.6 million, driven by trading income of $652.8 million and commissions of $153.9 million. Net income available to common stockholders was $151.2 million, resulting in basic and diluted EPS of $1.65.

  • Total revenues increased to $999.6 million compared to prior periods, led by higher trading volumes.
  • Market making segment contributed $786.6 million in revenues, while execution services added $214.5 million.
  • Net income reached $293.0 million with operating income before taxes of $347.0 million.
  • Geographic revenues were diversified with $817.0 million from the United States and $108.0 million from Ireland.

Headline financials

Total Revenue

$1B

Previous: $693M+44.2%
EPS (adj)

$1.65

Previous: $0.71+132.4%
Capital Expenditures

-$10.9M

Previous: -$6.73M-62.5%
Net Income

$151M

Previous: $66.6M+127.1%
Operating Income

$347M

Previous: $155M+123.3%

Revenue & EPS history

Virtu Financial · Revenue · Quarterly

$1B

Q2 2025+44.2%vs Q2 2024
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Virtu Financial · $1B total across 3 segments · Q2 2025

  • Market Making
    $787M
  • Execution Services
    $214M
  • Corporate
    -$1.51M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.0%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+3.6%

Avg return

30 days after

52%

23 / 44 earnings

Positive

+39.4%

Q4 2017

Best reaction

-19.4%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+0.9%+1.3%+2.2%
Q4 2025+8.5%+2.2%+10.5%
Q3 2025-0.5%+1.1%+3.4%
Q1 2025+1.3%+1.6%+5.6%
Q4 2024+1.7%+2.4%-6.1%
Q3 2024-4.3%-4.1%+13.4%
Q2 2024+25.4%+21.0%+25.9%
Q1 2024+5.7%+2.0%+8.6%
Q4 2023-10.3%-10.5%-11.0%
Q3 2023-1.4%-4.8%-0.2%
Q2 2023+0.6%+0.3%+1.9%
Q1 2023-1.6%-1.0%-8.8%
Q4 2022-3.0%-5.8%-6.6%
Q3 2022+0.9%+2.9%-1.2%
Q2 2022+2.1%+1.7%+2.3%
Q1 2022-14.6%-15.0%-21.6%
Q4 2021+8.6%+11.2%+5.0%
Q3 2021+7.2%+6.0%+6.3%
Q2 2021+0.1%+2.3%-5.2%
Q1 2021-6.1%-5.1%+7.0%
Q4 2020-6.2%+0.2%+1.9%
Q3 2020+5.3%+8.0%+6.6%
Q2 2020-11.0%-4.1%+11.0%
Q1 2020-5.3%-4.9%-13.1%
Q4 2019+5.5%+0.8%+31.0%
Q3 2019-3.5%-4.1%-0.7%
Q2 2019-17.3%-17.9%-11.4%
Q1 2019+0.4%+1.5%-4.1%
Q4 2018+4.5%+2.5%-2.9%
Q3 2018+1.5%-0.7%+3.7%
Q2 2018-19.4%-21.4%-12.9%
Q1 2018-5.0%-12.5%-14.2%
Q4 2017+39.4%+41.6%+65.6%
Q3 2017+19.5%+23.6%+25.8%
Q2 2017+0.9%+4.3%+5.9%
Q1 2017-2.6%-0.3%+8.4%
Q4 2016+4.5%+4.8%-1.1%
Q3 2016+6.4%+11.6%+11.6%
Q2 2016-4.6%+2.6%-2.8%
Q1 2016-8.0%
Q4 2015-10.5%
Q3 2015-4.9%
Q2 2015-13.0%
Q1 2015+2.8%
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q4 2012

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