Virtu Financial, Inc. (VIRT) Form 8-K — Jul 14, 2026
Virtu Financial announced preliminary Q2 2026 results with net income of $285 million and Normalized Adjusted EPS of $1.82. Adjusted EBITDA increased 18% year-over-year to $437 million, driven by a significant rise in Adjusted Net Trading Income to $718 million and a daily average of $11.6 million. The company commenced marketing for a $400 million incremental first lien term loan upsize, increasing the total facility to $1.93 billion. Proceeds are designated for general corporate purposes, with pro forma net leverage expected to remain unchanged at 0.7x.
Key figures
- Eps
- 1.63
- Net Income
- 285
- Debt Amount
- 400
- Interest Rate
- S + 2.50%
- Maturity Date
- June 21, 2031
- Adjusted EBITDA
- 437
- Net Leverage Ratio
- 0.7
- Normalized Adjusted EPS
- 1.82
- Adjusted Net Trading Income
- 718
- Pro Forma Total Term Loan Balance
- 1930
Price after filing
Close on the filing date to close N calendar days later (from $59.57). Historical, not a forecast.
AI analysis
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