Virtu Financial Beats Q3 2026 Estimates as Revenue Rises 40% to $1.15B
Revenue of $1.15B vs. $647.0M expected and adjusted EPS of $1.77 vs. $1.52; revenue up 40% from a year earlier.
Virtu Financial (VIRT) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $1.15 billion, up 40% from a year earlier, above the $647.0 million estimate, and adjusted EPS was $1.77, up 69% from a year earlier, above the $1.52 estimate.
Shares rose 3.7% in premarket trading as of 7:53 a.m. ET, to $55.01 from a $53.03 close.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $1.52 | $1.77 | Beat by 16% |
| Revenue | $647.0M | $1.15B | Beat by 78% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▲ 69% | ▼ 2.7% |
| Revenue | ▲ 40% | ▲ 61% |
By our calculation, revenue was $506.9 million above the estimate and adjusted EPS was $0.25 above it. The QoQ column compares with the previous quarter's revenue of $717.9 million and adjusted EPS of $1.82. The YoY column compares with $824.8 million and $1.05 in the same quarter a year earlier.
GAAP results
- GAAP EPS. GAAP diluted EPS was $1.65, against $0.86 a year earlier.
- Net income. The company reported net income of $820.2 million on a GAAP basis, compared with net income of $77.6 million a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 8 of the last 8 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $824.8 million, $613.4 million, $786.5 million, $717.9 million and $1.15 billion.
What to watch
- Next-quarter estimates. Consensus calls for EPS of $1.65 and revenue of $676.5 million next quarter, based on 5 analysts.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 40% increase to $1.15 billion.
- Estimate record. Whether Virtu Financial extends a record of beating EPS estimates in 8 of its last 8 reports.
- Related coverage. See our reports on IMAX, Centuri, Cronos and Vericel.
Sources: Results are from Virtu Financial's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Virtu Financial's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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