Virtu Financial, Inc. (NYSE: VIRT) delivered strong third-quarter results on November 5, 2026, posting net income of $282.5 million and normalized adjusted net income of $283.5 million for the period ended September 30, 2026. Total revenues climbed 39.9% year-over-year to $1,153.9 million, while trading income, net, surged 55.0% to $820.2 million compared to the same period in 2025.
- Diluted EPS: $1.65 (normalized adjusted EPS: $1.77)
- Adjusted EBITDA: $437.9 million (62.2% margin)
- Adjusted Net Trading Income: $704.0 million (up 50.7% YoY)
- Quarterly dividend: $0.24 per share, payable December 15, 2026
The market-making division drove most of the gains, with trading income reaching $819.7 million in the quarter. Execution services contributed $163.0 million in total revenues. Normalized adjusted net income surged 70.2% to $283.5 million year-over-year, reflecting strong operational leverage across the firm’s core businesses spanning equities, fixed income, currencies, cryptocurrencies, and commodities.
Beyond earnings, Virtu’s board unanimously approved a planned redomestication from Delaware to Texas, expected to close later in 2026. The firm cited Texas’s modernized business statutes and specialized Texas Business Court as strategic advantages, noting that the move aligns with the company’s critical trading, technology, and operational hub located in the state. The redomestication will not affect business operations, management, strategy, or employee locations.
As of September 30, 2026, Virtu maintained $1,575.4 million in cash and cash equivalents against $2,551.8 million in total long-term debt. The company declared a quarterly cash dividend of $0.24 per share to shareholders of record as of December 1, 2026. Virtu Financial is a leading provider of financial services leveraging technology to deliver trading solutions and liquidity to global markets.
