What does changes in unrecognized tax benefits mean?

Reflects the impact of changes in unrecognized tax benefits on the company's effective tax rate. It quantifies how adjustments to tax contingencies influence the overall tax burden relative to statutory rates.

Virtu Financial VIRT Changes in unrecognized tax benefits

Changes in unrecognized tax benefits at other companies

LKQLKQ

0.1%—

UFP TechnologiesUFPT

0%—

Rackspace Technology, Inc.RXT

2.8%—

ZymeworksZYME

-0.1%—

Q2 HoldingsQTWO

5.5%+4.6pp

WingstopWING

1.3%—

Other financials

Income statement

See full

Revenue$1.1B+30.7%

Net income$182.3M+82.9%

EPS (diluted)$1.99+84.3%

Balance sheet

See full

Cash & equivalents$1.0B+33.6%

Total debt$2.3B+15.8%

Total equity$1.7B+32.5%

Total assets$25.1B+43.1%

Cash flow

See full

Operating cash flow-$149.0K-101%

CapEx$5.6M-2.2%

Free cash flow-$5.8M-162%

Valuation

See full

Market cap$5.52B+15.4%

Profitability

See full

Net margin14.2%+3.7pp

FCF margin12.4%-20.0pp

Returns & leverage

See full

Return on equity36.2%+10.8pp

Debt / equity1.3×-0.2×

Where this comes from

Reported directly by Virtu Financial in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationTaxContingencies.

The official record: Virtu Financial’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

Ask your AI about Virtu Financial's changes in unrecognized tax benefits.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Virtu Financial's changes in unrecognized tax benefits?: Virtu Financial (VIRT) reported changes in unrecognized tax benefits of 0.9% in Q4 2025.
What does changes in unrecognized tax benefits mean?: Reflects the impact of changes in unrecognized tax benefits on the company's effective tax rate. It quantifies how adjustments to tax contingencies influence the overall tax burden relative to statutory rates.