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Virtu Financial VIRT Unrecognized Tax Benefits - Impacting Effective Tax Rate

Unrecognized Tax Benefits - Impacting Effective Tax Rate at other companies

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Raymond James FinancialRJF
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$435M+0.9%

Other financials

Income statement

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Revenue$1.1B+30.7%
Net income$182.3M+82.9%
EPS (diluted)$1.99+84.3%

Balance sheet

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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

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Operating cash flow-$149.0K-101%
CapEx$5.6M-2.2%
Free cash flow-$5.8M-162%

Valuation

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Market cap$5.49B+15.4%
Enterprise value$6.76B+12.4%
P/E10×-4.9×
P/S1.4×-0.1×

Profitability

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Net margin14.2%+3.7pp
FCF margin12.4%-20.0pp

Returns & leverage

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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:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate.

The official record: Virtu Financial’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virtu Financial's unrecognized tax benefits - impacting effective tax rate?
Virtu Financial (VIRT) reported unrecognized tax benefits - impacting effective tax rate of $19.4M in Q1 2026.
How has Virtu Financial's unrecognized tax benefits - impacting effective tax rate changed year-over-year?
Virtu Financial's unrecognized tax benefits - impacting effective tax rate decreased by 15.7% year-over-year, from $23M to $19.4M.
What is the long-term trend for Virtu Financial's unrecognized tax benefits - impacting effective tax rate?
Over 5 years (2020 to 2025), Virtu Financial's unrecognized tax benefits - impacting effective tax rate has grown at a 17.4% compound annual growth rate (CAGR), from $8.6M to $19.2M.
What does unrecognized tax benefits - impacting effective tax rate mean?
This subset of unrecognized tax benefits represents positions that, if recognized, would directly impact the company's effective tax rate. It highlights the specific portion of tax uncertainty that carries a direct risk to the reported bottom-line tax expense. Investors monitor this to gauge the potential volatility of future tax provisions.