Virtu Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	468.36	276.42	142.04	265.03	476.88
Depreciation & Amortization, Total	66.85	74.99	89.57	91.01	98.08
Stock-Based Compensation	100.4	75.48	63.93	67.22	55.75
Change in Accounts Receivable	-807.63	-406.88	264.78	64.54	725.2
Change in Accounts Payable	174.94	-131.59	861.38	-289.22	-367.21
Change in Other Net Operating Assets	2,812	842.46	1,619	594.45	869.6
Other Operating Activities	467.98	241.45	128.61	215.94	407.56
Operating Cash Flow	518.39	598.99	491.78	706.8	1,172
Capital Expenditures	-22.8	-12.43	-37.77	-27.2	-24.56
Sale (Purchase) of Intangibles	-40.7	-41.89	-38.36	-37.66	-35.51
Other Investing Activities	-15.06	-7.53	-18.36	35.33	-27.28
Investing Cash Flow	-40.62	-61.85	-94.48	-29.53	-87.35
Short-Term Debt Issued	-	38.54	-	-	-
Long-Term Debt Issued	1,545	1,742	-	1,800	-
Total Debt Issued	1,545	1,780	-	1,800	-
Short-Term Debt Repaid	-26.16	-	-3.94	-59.11	-2.02
Long-Term Debt Repaid	-1,245	-1,727	-73	-1,600	-36.74
Total Debt Repaid	-1,271	-1,727	-76.94	-1,659	-38.75
Net Debt Issued (Repaid)	273.84	53.43	-76.94	141.11	-38.75
Issuance of Common Stock	15.46	13.21	-	5.11	78.98
Repurchase of Common Stock	-190.36	-191.14	-230.58	-488.8	-430.91
Common Dividends Paid	-349.35	-299.4	-306.14	-103.27	-115.36
Other Financing Activities	-30.64	-45.66	28.63	-289.9	-451.82
Financing Cash Flow	-281.05	-469.57	-585.03	-735.75	-957.86
Foreign Exchange Rate Adjustments	15.73	-9.05	4.96	-24.24	-12.47
Net Cash Flow	212.45	58.53	-182.78	-82.71	113.95
Free Cash Flow	495.58	586.56	454	679.6	1,147
Free Cash Flow Growth	-15.51%	29.20%	-33.20%	-40.75%	11.15%
Free Cash Flow Margin	17.42%	26.45%	26.97%	33.85%	44.42%
Free Cash Flow Per Share	5.81	6.68	4.83	6.51	9.69
Cash Interest Paid	654.62	586.28	632.26	246.99	159.86
Cash Income Tax Paid	121.95	43.42	38.69	103.97	134.88

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.