Virtu revenue climbs 31% as volatility drives record $1.1 billion quarter

Virtu Financial (NYSE:VIRT) reported its financial results for the first quarter ended March 31, 2026, on Wednesday morning, showcasing its ability to generate significant scale during periods of market activity.

The New York-based financial services firm posted total revenues of $1,095.3 million, a 30.7% increase year-over-year, as the company’s market-making and execution services segments benefited from sustained trading volumes across global asset classes.

The company’s profitability metrics reached elite levels during the quarter.

Virtu reported net income of $346.6 million, resulting in basic and diluted earnings per share (EPS) of $1.99.

On a normalized adjusted basis, EPS hit $2.24, reflecting the firm’s operational efficiency and low-latency technology advantage.

Adjusted EBITDA reached $520.6 million, yielding a record-level margin of 66.2%, which underscores the scalability of Virtu's proprietary global technology platform.

The company’s balance sheet remained a point of strength as it navigated the start of the fiscal year.

As of March 31, 2026, Virtu held $1,030.2 million in cash and equivalents against long-term debt of $2,051.6 million.

This liquidity position supported the Board of Directors' decision to declare a quarterly cash dividend of $0.24 per share, payable on June 15, 2026, to stockholders of record as of June 1, 2026.