Every material Form 8-K Virtu Financial filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Virtu reported third-quarter 2026 total revenues of $1,153.9 million, up 39.9% from a year earlier, and net income of $282.5 million, compared with $149.1 million in the prior-year quarter. The Board also approved moving the company's state of incorporation from Delaware to Texas, a step its controlling stockholder approved by written consent, with the change expected later this year.
Total revenues rose 39.9% to $1,153.9 million from $824.8 million in Q3 2025.
Basic and diluted EPS were $1.65, versus $0.86 a year earlier; net income was $282.5 million versus $149.1 million.
Board declared a quarterly cash dividend of $0.24 per share, payable December 15, 2026, to holders of record as of December 1, 2026.
TJMT Holdings LLC, holding a majority of voting power, approved the Delaware-to-Texas reincorporation on November 4, 2026; the company says operations, management and strategy are not expected to change.
Virtu Financial's Board appointed Barbara Finigan as an independent Class I director on August 19, 2026, effective immediately. The Board now has eleven directors, and the company has entered into a standard indemnification agreement with her.
Barbara Finigan appointed to the Board as a Class I independent director on August 19, 2026, effective immediately
Finigan was previously Chief Legal Officer at Hasbro, Inc. from December 2010 to March 2019
Board size is now eleven directors; the company may add more as business needs arise
Finigan will receive non-employee director compensation similar to that described in the April 29, 2026 proxy statement
Virtu Financial reported second-quarter 2026 total revenues of $1,190.0 million, up 19.0% from $999.6 million a year earlier. GAAP net income fell to $284.9 million from $293.0 million, and basic and diluted EPS were $1.63 versus $1.65, while Normalized Adjusted EPS rose to $1.82 from $1.53. The filing also declared a quarterly dividend of $0.24 per share.
Total revenues increased 19.0% to $1,190.0 million; Trading income, net rose 31.2% to $856.7 million.
Net income was $284.9 million versus $293.0 million; basic and diluted EPS were $1.63 versus $1.65.
Normalized Adjusted EPS was $1.82 versus $1.53; Adjusted EBITDA rose 18.2% to $436.8 million.
Quarterly cash dividend of $0.24 per share is payable September 15, 2026, to holders of record as of September 1, 2026.
On July 23, 2026, Virtu Financial's subsidiaries signed Amendment No. 4 to their credit agreement, issuing $500 million of incremental senior secured first lien term B-2 loans. The total term B-2 loan balance is $2,029.55 million, and the company said the proceeds will be used for general corporate purposes. The filing adds to the company's debt, and it does not state how the loans will affect earnings.
Incremental term B-2 loans of $500 million were issued on July 23, 2026, with the total term B-2 balance at $2,029.55 million.
The loans mature on June 21, 2031, and amortize in annual installments of about 1.0% of the incremental principal.
Interest is set at either term SOFR plus 2.50%, or a base rate option plus 1.50%, at the borrower's election.
Per the press release, the loans were issued at par and the proceeds may be used for general corporate purposes.
Virtu preliminarily estimated second-quarter 2026 trading income, net of $857 million, up from $653 million, while net income was $285 million, down from $293 million. Normalized Adjusted EPS rose to $1.82 from $1.53, but the estimates are unaudited and may change before final results on July 30, 2026. The same day, the company began marketing a $400 million add-on to its term loans, which would raise the term loan balance to $1,930 million.
Net income of $285 million vs. $293 million in Q2 2025; basic and diluted EPS of $1.63
Normalized Adjusted EPS of $1.82 vs. $1.53; Adjusted EBITDA of $437 million vs. $369 million
Trading income, net of $857 million vs. $653 million; Adjusted Net Trading Income of $718 million vs. $568 million
$400 million term loan add-on; commitments due July 16, 2026; final Q2 results due July 30, 2026
On June 8, 2026, Virtu Financial Operating LLC, a subsidiary of Virtu Financial, Inc., entered into an amended and restated employment agreement with Chief Financial Officer Cindy Lee. The filing sets her base salary at $500,000 per year, adds a 20,000-share restricted stock or RSU special award, and sets severance terms that increase if a change in control occurs.
Base salary of $500,000 per year, with eligibility for a discretionary annual bonus
Special award of 20,000 restricted shares or RSUs, vesting in three equal annual installments
Initial term expires June 30, 2029, with automatic one-year renewals unless either party gives notice at least 90 days in advance
After a qualifying termination tied to a change in control, severance equals two and a half times base salary plus the most recent annual bonus, and benefits continue for 24 months or longer
Virtu Financial reported first-quarter 2026 results, with total revenues up 30.7% to $1,095.3 million and net income rising to $346.6 million from $189.6 million a year earlier. Basic and diluted earnings per share were $1.99, compared with $1.09 and $1.08 in the prior-year quarter. The board also declared a quarterly cash dividend of $0.24 per share, payable June 15, 2026, to holders of record as of June 1, 2026.
Total revenues rose 30.7% to $1,095.3 million, from $837.9 million in Q1 2025
Net income was $346.6 million versus $189.6 million; basic and diluted EPS were $1.99 versus $1.09 and $1.08
Adjusted EBITDA rose 62.7% to $520.6 million, with an Adjusted EBITDA margin of 66.2%
Quarterly dividend of $0.24 per share is payable June 15, 2026 to holders of record as of June 1, 2026
Virtu Financial reported fourth quarter 2025 results, with total revenues up 16.3% to $969.9 million and net income of $280.6 million, compared with $176.1 million a year earlier. Diluted EPS was $1.54 versus $1.03, and the board declared a $0.24 quarterly dividend payable March 16, 2026, which signals continued cash returns to shareholders. The filing contains no guidance for future periods.
Q4 2025 total revenues of $969.9 million, up 16.3% from $834.3 million
Q4 2025 net income of $280.6 million and basic and diluted EPS of $1.54, versus $1.03 a year earlier
Quarterly cash dividend of $0.24 per share, payable March 16, 2026, to holders of record as of February 27, 2026
Full-year 2025 share buybacks totaled $135.3 million, or 3.5 million shares
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Virtu Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →