Virtu Financial, Inc.
For the period ended Mar 31, 2026. Filed May 1, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 1, 2026
VIRT$57.75+2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Financial Condition (Unaudited)
| (in thousands, except share data) | March 31,2026 | December 31,2025 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $973,225 | $1,061,697 |
| Cash restricted or segregated under regulations and other | 56,976 | 64,744 |
| Securities borrowed | 3,055,305 | 3,191,138 |
| Securities purchased under agreements to resell | 1,644,231 | 988,929 |
| Receivables from broker-dealers and clearing organizations ($85,909 and $328,934 at fair value, as of March 31, 2026 and December 31, 2025, respectively) | 3,811,176 | 1,896,405 |
| Trading assets, at fair value: | ||
| Financial instruments owned | 9,604,518 | 7,343,032 |
| Financial instruments owned and pledged | 3,398,669 | 3,208,525 |
| Receivables from customers | 297,628 | 161,561 |
| Property, equipment and capitalized software (net of accumulated depreciation of $451,820 and $437,002 as of March 31, 2026 and December 31, 2025, respectively) | 103,616 | 96,378 |
| Operating lease right-of-use assets | 201,273 | 213,707 |
| Goodwill | 1,148,926 | 1,148,926 |
| Intangibles (net of accumulated amortization of $487,375 and $475,592 as of March 31, 2026 and December 31, 2025, respectively) | 143,148 | 154,931 |
| Deferred tax assets | 86,423 | 92,422 |
| Other assets ($298,391 and $242,121, at fair value, as of March 31, 2026 and December 31, 2025, respectively) | 590,146 | 528,341 |
| Total assets | $25,115,260 | $20,150,736 |
| Liabilities and equity | ||
| Liabilities | ||
| Short-term borrowings | $154,973 | $12,382 |
| Securities loaned | 3,723,360 | 3,477,831 |
| Securities sold under agreements to repurchase | 2,214,540 | 1,405,639 |
| Payables to broker-dealers and clearing organizations ($245,868 and $181,272, at fair value, as of March 31, 2026 and December 31, 2025, respectively) | 1,401,039 | 998,276 |
| Payables to customers | 69,601 | 43,103 |
| Trading liabilities, at fair value: | ||
| Financial instruments sold, not yet purchased | 12,347,691 | 9,105,263 |
| Tax receivable agreement obligations | 166,453 | 181,855 |
| Accounts payable, accrued expenses and other liabilities | 568,457 | 652,352 |
| Operating lease liabilities | 247,500 | 261,169 |
| Long-term borrowings | 2,025,112 | 2,039,463 |
| Total liabilities | 22,918,726 | 18,177,333 |
| Commitments and Contingencies (Note 16) | ||
| Virtu Financial Inc. Stockholders' equity | ||
| Class A common stock (par value $0.00001), Authorized — 1,000,000,000 and 1,000,000,000 shares, Issued — 142,979,907 and 140,877,669 shares, Outstanding — 87,022,169 and 84,919,931 shares at March 31, 2026 and December 31, 2025, respectively | 1 | 1 |
| Class B common stock (par value $0.00001), Authorized — 175,000,000 and 175,000,000 shares, Issued and Outstanding — 0 and 0 shares at March 31, 2026 and December 31, 2025, respectively | — | — |
| Class C common stock (par value $0.00001), Authorized — 90,000,000 and 90,000,000 shares, Issued and Outstanding — 7,970,185 and 7,970,185 shares at March 31, 2026 and December 31, 2025, respectively | — | — |
| Class D common stock (par value $0.00001), Authorized — 175,000,000 and 175,000,000 shares, Issued and Outstanding — 60,091,740 and 60,091,740 shares at March 31, 2026 and December 31, 2025, respectively | 1 | 1 |
| Treasury stock, at cost, 55,957,738 and 55,957,738 shares at March 31, 2026 and December 31, 2025, respectively | (1,475,666) | (1,475,666) |
| Additional paid-in capital | 1,591,921 | 1,541,684 |
| Retained earnings | 1,623,693 | 1,519,270 |
| Accumulated other comprehensive income (loss) | (4,975) | (3,011) |
| Total Virtu Financial Inc. stockholders' equity | 1,734,975 | 1,582,279 |
Condensed Consolidated Statements of Financial Condition (Unaudited)
| (in thousands, except share data) | March 31,2026 | December 31,2025 |
|---|---|---|
| Noncontrolling interest | 461,559 | 391,124 |
| Total equity | 2,196,534 | 1,973,403 |
| Total liabilities and equity | $25,115,260 | $20,150,736 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.