| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 631,662 | 482,611 |
| Depreciation and amortization | 46,951 | 31,550 |
| Amortization of purchased intangibles and acquired capitalized software | 35,349 | 23,566 |
| Debt issue cost related to debt refinancing and prepayment | 0 | 0 |
| Amortization of debt issuance costs and deferred financing fees | 5,160 | 3,371 |
| Termination of office leases | -6,489 | 21 |
| Share-based compensation | 71,341 | 44,459 |
| Deferred taxes | 18,778 | 13,632 |
| Gain on sale of rfq-hub | 66,988 | 66,988 |
| Other | -8,973 | 7,828 |
| Securities borrowed | 804,137 | 359,831 |
| Securities purchased under agreements to resell | 282,165 | 100,381 |
| Receivables from broker-dealers and clearing organizations | 1,532,797 | 235,436 |
| Trading assets, at fair value | 3,139,619 | 3,126,121 |
| Receivables from customers | 42,659 | 210,569 |
| Operating lease right-of-use assets | -30,196 | -18,535 |
| Other assets | 306,953 | 56,292 |
| Securities loaned | 541,645 | 686,472 |
| Securities sold under agreements to repurchase | 4,889 | 635,338 |
| Payables to broker-dealers and clearing organizations | 760,535 | 317,135 |
| Payables to customers | 32,832 | 4,358 |
| Trading liabilities, at fair value | 3,965,479 | 1,982,657 |
| Operating lease liabilities | -35,732 | -22,180 |
| Accounts payable, accrued expenses and other liabilities | 90,697 | 3,994 |
| Net cash provided by (used in) operating activities | 9,002 | 77,729 |
| Development of capitalized software | 35,145 | 29,769 |
| Acquisition of property and equipment | 18,945 | 10,944 |
| Proceeds from sale of rfq-hub | 37,932 | 37,932 |
| Other investing activities | 21,625 | 8,600 |
| Net cash provided by (used in) investing activities | -37,783 | -11,381 |
| Dividends to stockholders and distributions from virtu financial to noncontrolling interest | 326,688 | 254,446 |
| Repurchase of class c common stock | 1,566 | 1,566 |
| Purchase of treasury stock | 188,325 | 157,562 |
| Stock options exercised | 15,461 | 15,461 |
| Short-term borrowings, net | 86,459 | 216,759 |
| Proceeds from long-term borrowings | 1,545,000 | 1,245,000 |
| Repayment of long-term borrowings | 1,245,000 | 1,245,000 |
| Proceeds from interest rate swaps | 0 | 0 |
| Payment of tax receivable agreement obligations | 20,773 | 20,773 |
| Debt issuance costs | 8,930 | 5,684 |
| Net cash provided by (used in) financing activities | -144,362 | -207,811 |
| Effect of exchange rate changes on cash and cash equivalents | 14,564 | 17,279 |
| Net increase (decrease) in cash and cash equivalents | -158,579 | -124,184 |
| Cash and cash equivalents at beginning of period | 913,991 | - |
| Cash and cash equivalents at end of period | 755,412 | - |
Virtu Financial, Inc. (VIRT)
Virtu Financial, Inc. (VIRT)