Virtu marks steep increase in Q3 2026 revenues, to change state of incorporation to Texas
Virtu Financial, Inc. (NYSE:VIRT), a provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the third quarter ended September 30, 2026.
Total revenues increased 39.9% to $1,153.9 million for the third quarter of 2026, compared to $824.8 million for the same period in 2025.
Trading income, net, increased 55.0% to $820.2 million for the third quarter of 2026 compared to $529.1 million for the same period in 2025.
Net income totaled $282.5 million for the third quarter of 2026, compared to net income of $149.1 million in the prior year quarter.
Basic and diluted earnings per share for this quarter were $1.65, compared to basic and diluted earnings per share of $0.86 for the same period in 2025.
Adjusted Net Trading Income increased 50.7% to $704.0 million for this quarter, compared to $467.0 million for the same period in 2025. Adjusted EBITDA increased 63.5% to $437.9 million for this quarter, compared to $267.8 million for the same period in 2025. Normalized Adjusted Net Income increased 70.2% to $283.5 million for this quarter, compared to $166.5 million for the same period in 2025.
Assuming all non-controlling interests had been exchanged for common stock, and the Company’s Normalized Adjusted Net Income before income taxes was subject to corporation taxes, Normalized Adjusted EPS was $1.77 for this quarter, compared to $1.05 for the same period in 2025.

The Virtu Financial, Inc. Board of Directors declared a quarterly cash dividend of $0.24 per share. This dividend is payable on December 15, 2026 to shareholders of record as of December 1, 2026.
The Virtu Financial, Inc. Board of Directors also unanimously approved changing the company’s state of incorporation from Delaware to Texas.
In considering a potential redomestication, Virtu’s Board of Directors concluded that aligning Virtu’s legal state of incorporation with the location of a critical trading, technology and operational hub in Texas will benefit shareholders. In making its recommendation, the Board considered Texas’ legal and regulatory environment, including its modernized business statutes and the Texas Business Court, which is designed to resolve complex disputes efficiently and apply clear statute-based standards.
A committee of the Board of Directors composed of independent and disinterested directors recommended the legal move to Texas. Following the Board’s approval, Virtu’s controlling stockholder also approved the planned redomestication via written consent. The planned redomestication, which is expected to occur later this year, is not expected to affect business operations, management, strategy, assets, or employee locations.
