Core Viewpoint - Virtu Financial, Inc. reported strong financial results for the fourth quarter and full year of 2025, showcasing significant revenue growth and improved profitability metrics. Financial Results Fourth Quarter 2025 - Total revenues increased by 16.3% to $969.9 million compared to $834.3 million in Q4 2024 [3] - Trading income, net, rose by 22.2% to $664.9 million from $544.0 million in the same quarter of the previous year [3] - Net income for the quarter was $280.6 million, up from $176.1 million in Q4 2024 [3] - Basic and diluted earnings per share were $1.54, compared to $1.03 for the same period in 2024 [4] Full Year 2025 - Total revenues increased by 26.2% to $3,632.1 million from $2,876.9 million in 2024 [7] - Trading income, net, grew by 33.7% to $2,436.7 million compared to $1,822.4 million in 2024 [7] - Net income for the year was $912.3 million, up from $534.5 million in 2024 [7] - Basic and diluted earnings per share were $5.14 and $5.13, respectively, compared to $2.98 and $2.97 in 2024 [7] Adjusted Financial Metrics Fourth Quarter 2025 - Adjusted Net Trading Income increased by 34.0% to $613.4 million from $457.7 million in Q4 2024 [5] - Adjusted EBITDA rose by 55.9% to $442.0 million compared to $283.5 million in the same quarter of 2024 [5] - Normalized Adjusted Net Income increased by 61.6% to $294.5 million from $182.2 million in Q4 2024 [5] Full Year 2025 - Adjusted Net Trading Income increased by 34.3% to $2,145.3 million from $1,597.7 million in 2024 [9] - Adjusted EBITDA increased by 52.3% to $1,399.2 million compared to $918.7 million in 2024 [9] - Normalized Adjusted Net Income rose by 59.2% to $913.5 million from $573.9 million in 2024 [9] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.24 per share, payable on March 16, 2026, to shareholders of record as of February 27, 2026 [2] Financial Condition - As of December 31, 2025, the company had $1,126.4 million in cash, cash equivalents, and restricted cash, with total long-term debt of $2,067.3 million [16]

Core Viewpoint - Virtu Financial has appointed Aaron Simons as the new CEO, succeeding Douglas Cifu, who will retire but remain an advisor to the company [1][4]. Company Leadership Transition - Aaron Simons, previously the Chief Technology Officer, has been with Virtu since 2008 and has played a significant role in the company's technology and trading operations [3][5]. - Douglas Cifu, a co-founder of Virtu, has been instrumental in the company's growth, including its IPO in 2015 and acquisitions that expanded its market presence [2][4]. Company Background - Virtu Financial is a leading provider of multi-asset financial services, utilizing advanced technology to deliver liquidity and innovative trading solutions globally [6]. - The company offers a wide range of products, including execution, liquidity sourcing, and analytics across various asset classes in over 50 countries [6].

Core Viewpoint - Virtu Financial, Inc. is transferring its Class A Common Stock listing from Nasdaq to the New York Stock Exchange, effective June 17, 2025, which reflects the company's commitment to transparency and long-term value creation for shareholders [1][2][3]. Company Overview - Virtu Financial is a leading provider of global, multi-asset financial services, utilizing advanced technology to deliver liquidity and innovative trading solutions across various asset classes [4]. - The company offers a comprehensive product suite that includes execution, liquidity sourcing, analytics, and broker-neutral platforms, enabling clients to trade on hundreds of venues in over 50 countries [4]. Strategic Move - The transition to the NYSE is seen as a significant step in Virtu's journey, allowing the company to deepen relationships with investors and leverage the NYSE's platform for growth [3]. - The NYSE President highlighted Virtu's critical role in the price formation process within the U.S. capital markets, emphasizing the importance of the company as a liquidity provider [3].