Virtu Financial, Inc. has released its fourth-quarter 2025 results, reporting a net income of $280.6 million and normalized adjusted net income of $294.5 million. The basic and diluted earnings per share stood at $1.54, with normalized adjusted EPS at $1.85. Total revenues for the quarter were reported at $969.9 million, with trading income, net, at $664.9 million. The net income margin was 28.9%, and the adjusted net trading income was $613.4 million. Adjusted EBITDA was $442.0 million, with an adjusted EBITDA margin of 72.1%.
For the full year 2025, Virtu Financial, Inc. reported a net income of $912.3 million and normalized adjusted net income of $913.5 million. The basic and diluted earnings per share were $5.14 and $5.13, respectively, with normalized adjusted EPS at $5.73. Total revenues for the full year amounted to $3,632.1 million, with trading income, net, at $2,436.7 million. The net income margin for the full year was 25.1%, and the adjusted net trading income was $2,145.3 million. Adjusted EBITDA for the full year was reported at $1,399.2 million, with an adjusted EBITDA margin of 65.2%.
Additionally, the company executed share buybacks of $135.3 million, equivalent to 3.5 million shares, under the share repurchase program. The board of directors also declared a quarterly cash dividend of $0.24 per share, payable on March 16, 2026, to shareholders of record as of February 27, 2026. The market has reacted to these announcements by moving the company's shares 2.81% to a price of $36.89. Check out the company's full 8-K submission here.
