Virtu Financial (VIRT) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Virtu Financial Revenue Highlights

Latest Revenue (Y)

$2.29B

Latest Revenue (Q)

$1.03B

Main Segment (Y)

Other Sources

Main Geography (Y)

UNITED STATES

Virtu Financial Revenue by Period

Virtu Financial Revenue by Year

Date	Revenue	Change
2023-12-31	$2.29B	-3.02%
2022-12-31	$2.36B	-15.89%
2021-12-31	$2.81B	-13.21%
2020-12-31	$3.24B	111.71%
2019-12-31	$1.53B	-18.56%
2018-12-31	$1.88B	83.49%
2017-12-31	$1.02B	45.80%
2016-12-31	$702.27M	-11.80%
2015-12-31	$796.21M	10.12%
2014-12-31	$723.05M	8.81%
2013-12-31	$664.50M	7.94%
2012-12-31	$615.63M	33.48%
2011-12-31	$461.21M	-

Virtu Financial generated $2.29B in revenue during NA 2023, up -3.02% compared to the previous quarter, and up 122.07% compared to the same period a year ago.

Virtu Financial Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.03B	98.45%
2024-06-30	$520.18M	6.12%
2024-03-31	$490.19M	39.08%
2023-12-31	$352.44M	-24.92%
2023-09-30	$469.40M	28.38%
2023-06-30	$365.64M	-26.28%
2023-03-31	$496.01M	25.28%
2022-12-31	$395.94M	-16.22%
2022-09-30	$472.57M	-10.75%
2022-06-30	$529.50M	-13.17%
2022-03-31	$609.81M	-1.47%
2021-12-31	$618.89M	24.72%
2021-09-30	$496.24M	-1.11%
2021-06-30	$501.79M	-48.00%
2021-03-31	$965.00M	53.70%
2020-12-31	$627.84M	16.13%
2020-09-30	$540.61M	-35.82%
2020-06-30	$842.33M	-9.36%
2020-03-31	$929.34M	205.97%
2019-12-31	$303.74M	-3.39%
2019-09-30	$314.39M	3.52%
2019-06-30	$303.69M	6.27%
2019-03-31	$285.77M	-24.64%
2018-12-31	$379.20M	55.55%
2018-09-30	$243.78M	-10.03%
2018-06-30	$270.95M	-35.38%
2018-03-31	$419.26M	33.31%
2017-12-31	$314.51M	51.95%
2017-09-30	$206.98M	77.29%
2017-06-30	$116.75M	-20.73%
2017-03-31	$147.29M	-13.69%
2016-12-31	$170.65M	3.54%
2016-09-30	$164.81M	-5.38%
2016-06-30	$174.18M	-9.58%
2016-03-31	$192.64M	8.89%
2015-12-31	$176.90M	-18.02%
2015-09-30	$215.80M	18.59%
2015-06-30	$181.98M	-17.85%
2015-03-31	$221.53M	3.74%
2014-12-31	$213.55M	23.27%
2014-09-30	$173.23M	6.29%
2014-06-30	$162.98M	-5.95%
2014-03-31	$173.29M	6.19%
2013-12-31	$163.20M	-

Virtu Financial generated $1.03B in revenue during Q3 2024, up 98.45% compared to the previous quarter, and up 282.33% compared to the same period a year ago.

Virtu Financial Revenue Breakdown

Virtu Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Commissions, Net	$326.66M	$398.27M	$474.71M	$458.15M	$380.93M
Workflow Technology	$90.65M	$91.67M	$98.49M	$101.21M	$82.61M
Analytics	$38.28M	$39.91M	$41.29M	$41.15M	$35.01M
Other Sources	$1.84B	$1.83B	$2.20B	$2.64B	$1.03B

Virtu Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Other Sources (80.13%), Commissions, Net (14.24%), Workflow Technology (3.95%), and Analytics (1.67%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Commissions, Net	$97.85M	$91.92M	$85.41M	$83.61M	$79.46M	$76.63M	$86.96M	$89.70M	$89.19M	$102.14M	$117.72M	$110.60M	$102.37M	$107.16M	$154.58M	$114.80M	$100.85M	$110.70M	$131.79M	$103.87M
Other Sources	$575.22M	$566.88M	$524.23M	$421.60M	$519.89M	$397.35M	$498.94M	$379.90M	$440.06M	$468.40M	$546.61M	$561.80M	$408.42M	$405.85M	$820.92M	$528.52M	$522.26M	$758.17M	$833.35M	$264.62M
Analytics	$9.63M	$9.99M	$9.28M	$9.17M	$9.29M	$10.30M	$9.53M	$9.74M	$9.82M	$9.86M	$10.49M	$10.29M	$10.41M	$10.10M	$10.50M	$10.54M	$9.96M	$10.44M	$10.21M	$10.54M
Workflow Technology	$24.14M	$24.19M	$23.92M	$21.59M	$21.53M	$22.58M	$24.96M	$18.43M	$21.97M	$24.33M	$26.45M	$22.91M	$23.15M	$25.85M	$26.57M	$22.84M	$23.04M	$26.59M	$28.74M	$24.24M

Virtu Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Other Sources (81.38%), Commissions, Net (13.84%), Workflow Technology (3.42%), and Analytics (1.36%).

Virtu Financial Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$1.92B	$1.91B	$2.26B	$2.57B	$1.15B
IRELAND	$206.51M	$222.18M	$305.51M	$323.52M	$188.15M
Other Countries	$166.12M	$3.58M	$5.71M	$4.71M	$3.20M
CANADA	-	$60.55M	$61.38M	$116.52M	$49.67M
SINGAPORE	-	$134.79M	$135.78M	$176.66M	$109.76M
AUSTRALIA	-	$29.49M	$40.61M	$44.55M	$34.93M

Virtu Financial's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (83.75%), IRELAND (9.00%), and Other Countries (7.24%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
UNITED STATES	$576.61M	$563.94M	$522.07M	$445.21M	$537.57M	$415.34M	$522.63M	$410.01M	$469.02M	$485.74M	$549.45M	$582.10M	$433.01M	$429.59M	$816.05M	$523.82M	$484.59M	$767.71M	$796.50M	$299.81M
Other Countries	$67.21M	$62.74M	$57.75M	$162.33M	$625.00K	$947.00K	$2.22M	$573.00K	$534.00K	$1.02M	$1.46M	$1.60M	$1.56M	$1.14M	$1.42M	$1.14M	$1.23M	$1.01M	$1.33M	$1.01M
IRELAND	$63.02M	$66.30M	$63.02M	$52.87M	$52.18M	$47.49M	$53.96M	$42.44M	$43.71M	$58.07M	$77.96M	$62.90M	$55.14M	$66.11M	$121.37M	$89.74M	$61.32M	$64.55M	$107.91M	$49.19M
SINGAPORE	-	-	-	-	$22.95M	$28.08M	$26.22M	$28.57M	$28.90M	$31.04M	$46.28M	$32.81M	$30.70M	$29.42M	$42.85M	$36.17M	$26.63M	$46.82M	$67.04M	$26.96M
CANADA	-	-	-	-	$8.79M	$7.78M	$8.72M	$9.29M	$12.55M	$21.51M	$17.20M	$17.45M	$13.96M	$12.94M	$17.03M	$13.19M	$71.27M	$15.11M	$16.96M	$14.63M
AUSTRALIA	-	-	-	-	$8.05M	$7.21M	$6.64M	$6.90M	$6.32M	$7.35M	$8.92M	$8.74M	$9.98M	$9.22M	$12.67M	$12.37M	$10.11M	$10.20M	$11.88M	$11.54M

Virtu Financial's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (81.58%), Other Countries (9.51%), and IRELAND (8.92%).

Virtu Financial Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
RJF	Raymond James Financial	$11.47B	$3.76B
LPLA	LPL Financial	$10.05B	$3.11B
JEF	Jefferies Financial Group	$7.44B	$2.60B
LAZ	Lazard	$2.59B	$807.41M
EVR	Evercore	$2.44B	$738.42M
VIRT	Virtu Financial	$2.29B	$1.03B
HLI	Houlihan Lokey	$1.91B	$574.96M
PIPR	Piper Sandler Companies	$1.36B	$360.93M
TW	Tradeweb Markets	$1.34B	$448.92M
PJT	PJT Partners	$1.15B	$326.32M
MC	Moelis & Company	$854.75M	$273.75M
PWP	Perella Weinberg Partners	$648.65M	$272.00M

VIRT Revenue FAQ

What is Virtu Financial’s yearly revenue?

Virtu Financial's yearly revenue for 2023 was $2.29B, representing a decrease of -3.02% compared to 2022. The company's yearly revenue for 2022 was $2.36B, representing a decrease of -15.89% compared to 2021. VIRT's yearly revenue for 2021 was $2.81B, representing a decrease of -13.21% compared to 2020.

What is Virtu Financial’s quarterly revenue?

Virtu Financial's quarterly revenue for Q3 2024 was $1.03B, a 98.45% increase from the previous quarter (Q2 2024), and a 119.92% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $520.18M, a 6.12% increase from the previous quarter (Q1 2024), and a 42.27% increase year-over-year (Q2 2023). VIRT's quarterly revenue for Q1 2024 was $490.18M, a 39.08% increase from the previous quarter (Q4 2023), and a -1.18% decrease year-over-year (Q1 2023).

What is Virtu Financial’s revenue growth rate?

Virtu Financial's revenue growth rate for the last 3 years (2021-2023) was -18.43%, and for the last 5 years (2019-2023) was 49.89%.

What are Virtu Financial’s revenue streams?

Virtu Financial's revenue streams in c 23 are Commissions, Net, Workflow Technology, Analytics, and Other Sources. Commissions, Net generated $326.66M in revenue, accounting 14.24% of the company's total revenue, down -17.98% year-over-year. Workflow Technology generated $90.65M in revenue, accounting 3.95% of the company's total revenue, down -1.11% year-over-year. Analytics generated $38.28M in revenue, accounting 1.67% of the company's total revenue, down -4.07% year-over-year. Other Sources generated $1.84B in revenue, accounting 80.13% of the company's total revenue, up 0.15% year-over-year.

What is Virtu Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Virtu Financial was Other Sources. This segment made a revenue of $1.84B, representing 80.13% of the company's total revenue.