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Virtu Financial, Inc. (VIRT)

Virtu Financial, Inc. (VIRT)

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Cash Flow Overview

Change in Cash
$102,812K
Free Cash flow
$98,067K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Trading liabilities, at fair val...
    • Receivables from broker-dealers ...
    • Securities sold under agreements...
    • Others
Negative Cash Flow Breakdown
    • Trading assets, at fair value
    • Securities borrowed
    • Payables to broker-dealers and c...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
284,929
346,596
280,602
149,051
Depreciation and amortization
18,383
16,429
17,469
15,401
Amortization of purchased intangibles and acquired capitalized software
11,783
11,783
11,783
11,783
Debt issue cost related to debt refinancing and prepayment
0
200
0
0
Amortization of debt issuance costs and deferred financing fees
1,944
1,831
1,976
1,789
Termination of office leases
837
-16
507
-6,510
Share-based compensation
33,362
34,459
29,062
26,882
Deferred taxes
2,156
5,999
20,495
5,146
Gain on sale of rfq-hub
0
-
0
0
Other
1,841
9,994
-243
-16,801
Securities borrowed
718,803
-135,833
92,472
444,306
Securities purchased under agreements to resell
212,803
655,302
-277,177
181,784
Receivables from broker-dealers and clearing organizations
-603,712
1,914,771
-736,924
1,297,361
Trading assets, at fair value
1,883,062
2,451,630
-390,714
13,498
Receivables from customers
12,325
136,067
-30,902
-167,910
Operating lease right-of-use assets
5,947
-12,434
69,322
-11,661
Other assets
10,130
70,252
-183,776
250,661
Securities loaned
366,299
245,529
504,308
-144,827
Securities sold under agreements to repurchase
405,586
808,901
128,962
-630,449
Payables to broker-dealers and clearing organizations
-364,668
402,763
-678,253
443,400
Payables to customers
157,142
26,498
-35,841
28,474
Trading liabilities, at fair value
1,221,956
3,242,428
-1,301,187
1,982,822
Operating lease liabilities
5,698
-13,669
67,076
-13,552
Accounts payable, accrued expenses and other liabilities
209,218
-60,119
4,969
86,703
Net cash provided by (used in) operating activities
117,108
-149
509,384
-68,727
Development of capitalized software
5,732
26,041
5,552
5,376
Acquisition of property and equipment
19,041
5,608
3,857
8,001
Proceeds from sale of rfq-hub
0
-
0
0
Other investing activities
18,843
4,426
-6,570
13,025
Net cash provided by (used in) investing activities
-43,616
-36,075
-2,839
-26,402
Dividends to stockholders and distributions from virtu financial to noncontrolling interest
160,029
114,490
22,659
72,242
Repurchase of class c common stock
0
0
0
0
Purchase of treasury stock
2,028
55,792
469
30,763
Stock options exercised
0
0
0
0
Short-term borrowings, net
198,438
144,538
-112,618
-130,300
Proceeds from long-term borrowings
0
0
0
300,000
Repayment of long-term borrowings
0
15,450
0
0
Proceeds from interest rate swaps
-
-
0
0
Payment of tax receivable agreement obligations
5,581
15,402
0
0
Debt issuance costs
0
0
937
3,246
Net cash provided by (used in) financing activities
30,800
-56,596
-136,683
63,449
Effect of exchange rate changes on cash and cash equivalents
-1,480
-3,420
1,167
-2,715
Net increase (decrease) in cash and cash equivalents
102,812
-96,240
371,029
-34,395
Cash, cash equivalents, and restricted or segregated cash, beginning of period
1,030,201
1,126,441
755,412
913,991
Cash, cash equivalents, and restricted or segregated cash, end of period
1,133,013
1,030,201
1,126,441
755,412
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Trading liabilities, atfair value$1,221,956K (-38.37%↓ Y/Y)Short-term borrowings, net$198,438K (-8.45%↓ Y/Y)Receivables frombroker-dealers and clearing...-$603,712K (-356.42%↓ Y/Y)Securities sold underagreements to repurchase$405,586K (-36.16%↓ Y/Y)Securities loaned$366,299K (-46.64%↓ Y/Y)Net income$284,929K (-40.96%↓ Y/Y)Accounts payable,accrued expenses and...$209,218K (5138.31%↑ Y/Y)Payables to customers$157,142K (3505.83%↑ Y/Y)Share-based compensation$33,362K (-24.96%↓ Y/Y)Depreciation andamortization$18,383K (-41.73%↓ Y/Y)Amortization of purchasedintangibles and acquired...$11,783K (-50.00%↓ Y/Y)Operating leaseliabilities$5,698K (125.69%↑ Y/Y)Deferred taxes$2,156K (-84.18%↓ Y/Y)Amortization of debt issuancecosts and deferred...$1,944K (-42.33%↓ Y/Y)Other$1,841K (-76.48%↓ Y/Y)Termination of office leases$837K (3885.71%↑ Y/Y)Net cash provided by(used in) operating...$117,108K (50.66%↑ Y/Y)Net cash provided by(used in) financing...$30,800K (114.82%↑ Y/Y)Canceled cashflow$3,207,738K Canceled cashflow$167,638K Net increase(decrease) in cash and cash...$102,812K (182.79%↑ Y/Y)Canceled cashflow$45,096K Trading assets, at fairvalue$1,883,062K (-39.76%↓ Y/Y)Securities borrowed$718,803K (99.76%↑ Y/Y)Payables tobroker-dealers and clearing...-$364,668K (-214.99%↓ Y/Y)Securities purchased underagreements to resell$212,803K (112.00%↑ Y/Y)Receivables from customers$12,325K (-94.15%↓ Y/Y)Other assets$10,130K (-82.00%↓ Y/Y)Operating leaseright-of-use assets$5,947K (132.09%↑ Y/Y)Dividends to stockholdersand distributions...$160,029K (-37.11%↓ Y/Y)Payment of taxreceivable agreement...$5,581K (-73.13%↓ Y/Y)Purchase of treasurystock$2,028K (-98.71%↓ Y/Y)Net cash provided by(used in) investing...-$43,616K (-283.24%↓ Y/Y)Effect of exchange ratechanges on cash and cash...-$1,480K (-108.57%↓ Y/Y)Acquisition of property andequipment$19,041K (73.99%↑ Y/Y)Other investingactivities$18,843K (119.10%↑ Y/Y)Development of capitalizedsoftware$5,732K (-80.75%↓ Y/Y)