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Parent Company
 12 Months Ended
Dec. 31, 2025
Condensed Financial Information Disclosure [Abstract]  
Parent Company Parent Company
    VFI is the managing member of Virtu Financial, which guarantees the indebtedness of its direct subsidiary under the First Lien Term B-2 Loan Facility (see Note 9 “Borrowings”). VFI is limited in its ability to receive distributions (including for purposes of paying corporate and other overhead expenses and dividends) from Virtu Financial under the Credit Agreement. The following financial statements (the “Parent Company Only Financial Statements”) should be read in conjunction with the Consolidated Financial Statements of the Company and the foregoing.
Virtu Financial, Inc.
(Parent Company Only)
Statements of Financial Condition
(In thousands except interest data)December 31, 2025December 31, 2024
Assets        
Cash$116,534 $30,369 
Deferred tax asset88,644 131,568 
Investment in subsidiary3,305,034 3,039,061 
Other assets— 18,942 
Total assets$3,510,212 $3,219,940 
Liabilities, redeemable membership interest and equity
Liabilities
Payable to affiliate$1,743,480 $1,741,974 
Accounts payable and accrued expenses and other liabilities598 25,200 
Deferred tax liabilities2,000 2,000 
Tax receivable agreement obligations181,855 196,592 
Total liabilities1,927,933 1,965,766 
Virtu Financial Inc. Stockholders' equity
Class A common stock (par value $0.00001), Authorized — 1,000,000,000 and 1,000,000,000 shares, Issued — 140,877,669 and 137,479,751 shares, Outstanding — 84,919,931 and 84,976,325 shares at December 31, 2025 and December 31, 2024, respectively
1 1 
Class B common stock (par value $0.00001), Authorized — 175,000,000 and 175,000,000 shares, Issued and Outstanding — 0 and 0 shares at December 31, 2025 and December 31, 2024, respectively
— — 
Class C common stock (par value $0.00001), Authorized — 90,000,000 and 90,000,000 shares, Issued and Outstanding — 7,970,185 and 8,561,970 shares at December 31, 2025 and December 31, 2024, respectively
— — 
Class D common stock (par value $0.00001), Authorized — 175,000,000 and 175,000,000 shares, Issued and Outstanding — 60,091,740 and 60,091,740 shares at December 31, 2025 and December 31, 2024, respectively
1 1 
Treasury stock, at cost, 55,957,738 and 52,503,426 shares at December 31, 2025 and December 31, 2024, respectively
(1,475,666)(1,339,913)
Additional paid-in capital1,541,684 1,432,240 
Retained earnings1,519,270 1,168,908 
Accumulated other comprehensive income (loss)(3,011)(7,063)
Total Virtu Financial Inc. stockholders' equity1,582,279 1,254,174 
Total liabilities and stockholders' equity$3,510,212 $3,219,940 
Virtu Financial, Inc.
(Parent Company Only)
Statements of Comprehensive Income
 Years Ended December 31,
(in thousands)202520242023
Revenues:
Other Income$— $— $— 
— — — 
Operating Expenses:
Operations and administrative(1,801)(142)(213)
Income (loss) before equity in income of subsidiary1,801 142 213 
Equity in income (loss) of subsidiary, net of tax466,560 534,393 263,708 
Net income (loss)$468,361 $534,535 $263,921 
Net income (loss) attributable to common stockholders$468,361 $534,535 $263,921 
Other comprehensive income (loss):
Foreign currency translation adjustment, net of taxes8,995 (5,637)6,952 
Net change in unrealized cash flow hedges gains (losses), net of taxes(4,943)(18,473)(21,509)
Comprehensive income (loss)$472,413 $510,425 $249,364 
Virtu Financial, Inc.
(Parent Company Only)
Statements of Cash Flows
 Years Ended December 31,
(in thousands)202520242023
Cash flows from operating activities
Net income$468,361 $534,535 $263,921 
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in income of subsidiary, net of tax34,005 (139,113)223,376 
Tax receivable agreement obligation reduction6,036 338 997 
Deferred taxes42,924 (1,224)8,795 
Changes in operating assets and liabilities:(4,179)50,878 1,129 
Net cash provided by operating activities547,147 445,414 498,218 
Cash flows from investing activities
Investments in subsidiaries, equity basis99,498 67,741 66,644 
Net cash provided by investing activities99,498 67,741 66,644 
Cash flows from financing activities
Dividends to stockholders and distributions from Virtu Financial to noncontrolling interest(349,347)(299,403)(306,136)
Repurchase of Class C common stock(1,566)— (1,566)
Purchase of treasury stock(188,794)(191,138)(229,012)
Tax receivable agreement obligations(20,773)(20,226)(23,275)
Issuance of common stock in connection with secondary offering, net of offering costs— — — 
Net cash used in financing activities(560,480)(510,767)(559,989)
Net increase (decrease) in Cash86,165 2,388 4,873 
Cash, beginning of period30,369 27,981 23,108 
Cash, end of period$116,534 $30,369 $27,981 
Supplemental disclosure of cash flow information:
Taxes paid$67,427 $10,675 $14,957 
Non-cash financing activities
Tax receivable agreement described in Note 5(4,497)(209)(3,787)
Repurchase of Class C common stock(1,018)(76)(2,330)
Purchase of treasury stock(406)(1,340)—