---
schema_version: "secwatch.filing_event.v1"
accession: "0001592386-23-000050"
form_type: "8-K"
ticker: "VIRT"
cik: "0001592386"
company_name: "Virtu Financial, Inc."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:21:12.421343+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Virtu Q2 2023 net income $29.5M, normalized EPS $0.37, declares $0.24 dividend

## Summary
- Net income of $29.5M ($0.16 diluted EPS); Normalized Adjusted Net Income $61.7M ($0.37 EPS).
- Total revenues $506.9M; Adjusted Net Trading Income $278.7M; Adjusted EBITDA $122.0M (43.8% margin).
- Board declared $0.24/share quarterly dividend, payable Sept 15, 2023 to holders of record Sept 1.
- Share buybacks of $41.5M (2.3M shares) during Q2 2023 under share repurchase program.

## SEC filing metadata
- accession: 0001592386-23-000050
- form_type: 8-K
- ticker: VIRT
- cik: 0001592386
- company_name: Virtu Financial, Inc.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1592386/000159238623000050/0001592386-23-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1592386/000159238623000050/virt-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001592386-23-000050
- JSON: https://secwatch.observer/filing/0001592386-23-000050.json
- Plain text: https://secwatch.observer/filing/0001592386-23-000050.txt

## Key facts
- Earnings Releases
  Virtu Financial, Inc. reported the second quarter ended June 30, 2023 results: revenue $506.9 million, net income $29.5 million, EPS $0.16.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $506.9 million
  - Net income: $29.5 million
  - EPS: $0.16
  - Result: reported results
  source text: of $29.5 million; Normalized Adjusted Net Income 2 of $61.7 million • Basic and diluted earnings per share of $0.16; Normalized Adjusted EPS 2 of $0.37 • Total revenues of $506.9 million; Trading income, net, of $306.2 million; Net income Margin of 5.8% 1 ◦ Adjusted Net Trading Income 2 of $278.7 million • Adjusted EBITDA 2 of $122.0 million; Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1592386/000159238623000050/0001592386-23-000050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
