Virtu’s Q3 Revenue Jumps 40% as Market Making Powers Profit Growth
By Adonis Adoni
AI summary of the source article
Virtu Financial reported a 39.9% year-over-year increase in third-quarter revenue to $1.15 billion, led by gains in its Market Making business. The company also announced plans to shift its state of incorporation from Delaware to Texas.
Key facts
- Virtu's total revenue increased 39.9% year over year to $1.15 billion, while consolidated net income rose 89.6% to $282.5 million.
- Market Making revenue grew 47.7% to $986.8 million, while Execution Services revenue climbed 5.5% to $163.0 million.
- Virtu's board and controlling stockholder approved a plan to reincorporate the company from Delaware to Texas.
Source excerpt · Finance Magnates
Virtu Financial reported a sharp increase in third-quarter revenue and profit, with its Market Making business driving most of the improvement. The company also announced plans to change its state of incorporation from Delaware to Texas. Total revenue rose 39.9% year over year to $1.15 billion in the three months ended September 30, 2026, according to the company’s earnings release. Consolidated n…