Virtu Financial Operating Expenses Growth & History (VIRT)
Virtu Financial's operating expenses was $2.54B for fiscal 2025.
View full Virtu Financial company overviewVirtu Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.54B | $305.8M | +13.70% |
| 2024 | 2024-12-31 | $2.23B | $263.7M | +13.40% |
| 2023 | 2023-12-31 | $1.97B | $160.2M | +8.86% |
| 2022 | 2022-12-31 | $1.81B | −$6.6M | −0.36% |
| 2021 | 2021-12-31 | $1.81B | −$41.9M | −2.26% |
| 2020 | 2020-12-31 | $1.86B | $223.0M | +13.65% |
| 2019 | 2019-12-31 | $1.63B | $451.1M | +38.15% |
| 2018 | 2018-12-31 | $1.18B | $267.5M | +29.24% |
| 2017 | 2017-12-31 | $914.8M | $392.1M | +75.02% |
| 2016 | 2016-12-31 | $522.7M | −$57.6M | −9.93% |
| 2015 | 2015-12-31 | $580.3M | $50.8M | +9.59% |
| 2014 | 2014-12-31 | $529.5M | $52.6M | +11.03% |
| 2013 | 2013-12-31 | $476.9M | — | — |
Virtu Financial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $847.4M | $194.8M | +29.86% |
| Q1 2026 | 2026-03-31 | $685.8M | $71.6M | +11.66% |
| Q4 2025 | 2025-12-31 | $626.3M | −$5.4M | −0.85% |
| Q3 2025 | 2025-09-30 | $644.8M | $85.1M | +15.21% |
| Q2 2025 | 2025-06-30 | $652.6M | $115.0M | +21.38% |
| Q1 2025 | 2025-03-31 | $614.1M | $111.1M | +22.09% |
| Q4 2024 | 2024-12-31 | $631.7M | $112.5M | +21.67% |
| Q3 2024 | 2024-09-30 | $559.7M | $67.6M | +13.74% |
| Q2 2024 | 2024-06-30 | $537.6M | $66.2M | +14.05% |
| Q1 2024 | 2024-03-31 | $503.0M | $17.4M | +3.58% |
| Q4 2023 | 2023-12-31 | $519.2M | $61.1M | +13.34% |
| Q3 2023 | 2023-09-30 | $492.1M | $32.6M | +7.10% |
| Q2 2023 | 2023-06-30 | $471.4M | $40.4M | +9.38% |
| Q1 2023 | 2023-03-31 | $485.6M | $26.1M | +5.67% |
| Q4 2022 | 2022-12-31 | $458.1M | −$20.5M | −4.29% |
| Q3 2022 | 2022-09-30 | $459.4M | $60.2M | +15.08% |
| Q2 2022 | 2022-06-30 | $431.0M | $17.0M | +4.10% |
| Q1 2022 | 2022-03-31 | $459.6M | −$63.2M | −12.10% |
| Q4 2021 | 2021-12-31 | $478.6M | $61.5M | +14.73% |
| Q3 2021 | 2021-09-30 | $399.2M | −$4.4M | −1.08% |
| Q2 2021 | 2021-06-30 | $414.0M | −$87.4M | −17.43% |
| Q1 2021 | 2021-03-31 | $522.8M | −$11.6M | −2.17% |
| Q4 2020 | 2020-12-31 | $417.1M | −$7.3M | −1.72% |
| Q3 2020 | 2020-09-30 | $403.6M | $15.4M | +3.97% |
| Q2 2020 | 2020-06-30 | $501.4M | $59.7M | +13.51% |
| Q1 2020 | 2020-03-31 | $534.4M | $155.2M | +40.93% |
| Q4 2019 | 2019-12-31 | $424.4M | $132.8M | +45.53% |
| Q3 2019 | 2019-09-30 | $388.2M | $122.5M | +46.09% |
| Q2 2019 | 2019-06-30 | $441.7M | $163.2M | +58.59% |
| Q1 2019 | 2019-03-31 | $379.2M | $32.7M | +9.43% |
| Q4 2018 | 2018-12-31 | $291.6M | −$42.3M | −12.67% |
| Q3 2018 | 2018-09-30 | $265.7M | −$52.1M | −16.39% |
| Q2 2018 | 2018-06-30 | $278.5M | $138.8M | +99.36% |
| Q1 2018 | 2018-03-31 | $346.5M | $223.1M | +180.80% |
| Q4 2017 | 2017-12-31 | $333.9M | $201.9M | +152.89% |
| Q3 2017 | 2017-09-30 | $317.8M | $190.8M | +150.36% |
| Q2 2017 | 2017-06-30 | $139.7M | $9.9M | +7.65% |
| Q1 2017 | 2017-03-31 | $123.4M | −$10.5M | −7.86% |
| Q4 2016 | 2016-12-31 | $132.0M | $2.4M | +1.87% |
| Q3 2016 | 2016-09-30 | $126.9M | −$10.0M | −7.27% |
| Q2 2016 | 2016-06-30 | $129.8M | −$42.6M | −24.74% |
| Q1 2016 | 2016-03-31 | $133.9M | −$7.4M | −5.25% |
| Q4 2015 | 2015-12-31 | $129.6M | — | — |
| Q3 2015 | 2015-09-30 | $136.9M | $6.2M | +4.78% |
| Q2 2015 | 2015-06-30 | $172.4M | $39.0M | +29.20% |
| Q1 2015 | 2015-03-31 | $141.4M | — | — |
| Q3 2014 | 2014-09-30 | $130.6M | — | — |
| Q2 2014 | 2014-06-30 | $133.4M | — | — |
Virtu Financial operating expenses trends
Over the last five fiscal years, Virtu Financial's operating expenses increased from $1.86B to $2.54B, a change of $681.3M. The latest reported quarter, Q2 2026, shows $847.4M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Virtu Financial source filings ↗