Interactive Brokers vs Virtu Financial
Interactive Brokers reported revenue of $6.2 billion in fiscal 2025, 1.7 times Virtu Financial's $3.6 billion in fiscal 2025. Interactive Brokers' revenue grew 19.7% in its latest year, and Virtu Financial's grew 26.2%. Free cash flow was $15.7 billion at Interactive Brokers and $496 million at Virtu Financial.
Side by side
| Interactive Brokers | Virtu Financial | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $6.2B | $3.6B |
| Revenue growth | 19.7% | 26.2% |
| Revenue growth a year, last 5 years | 22.8% | 2.3% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 15.9% | 12.9% |
| Free cash flow | $15.7B | $496M |
| Free cash flow margin | 253.7% | 13.6% |
| Return on capital | — | 37.9% |
| Net debt to EBITDA | −0.6x | 0.8x |
| Dividends and buybacks | $134M | $2M |
| Change in diluted share count | 1.8% | −2.9% |
| Last close | $80.59 | $55.90 |
| P/E at the last close | 32.1× | 9.3× |
| Insider trades, last 12 months | bought $20,119, sold $34.5 million | sold $15.0 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Interactive BrokersVirtu Financial
Operating margin
Percent of revenue
Interactive BrokersVirtu Financial
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Interactive BrokersVirtu Financial
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Interactive Brokers and Virtu Financial pages.