Virtu Financial, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $468.4M | $276.4M | $142.0M | $265.0M | $476.9M | $649.2M | $-58.6M | $289.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $19.7M | $24.5M | $25.6M | $26.1M | $28.4M | $37.4M | $44.7M | $48.4M |
| Amortization | $47.1M | $50.5M | $64.0M | $64.8M | $69.7M | $74.3M | $70.6M | $26.1M |
| Stock-Based Compensation | $100.4M | $75.5M | $63.9M | $67.2M | $55.8M | $59.8M | $71.7M | $31.9M |
| Net Cash from Operating Activities | $518.4M | $599.0M | $491.8M | $706.8M | $1.17B | $1.06B | $168.8M | $714.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $22.8M | $12.4M | $37.8M | $27.2M | $24.6M | $28.9M | $9.3M | $26.5M |
| Business Acquisitions | — | — | — | — | $0 | $0 | $835.6M | $0 |
| Net Cash from Investing Activities | $-40.6M | $-61.8M | $-94.5M | $-29.5M | $-87.3M | $-2.6M | $-899.6M | $329.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | $120.5M | $112.4M | $100.3M |
| Stock Repurchases | $1.6M | $0 | $1.6M | $8.3M | $3.5M | $0 | $196.0K | $66.2M |
| Net Cash from Financing Activities | $-281.0M | $-469.6M | $-585.0M | $-735.7M | $-957.9M | $-839.9M | $769.6M | $-835.5M |
| Net Change in Cash | $212.5M | $58.5M | $-182.8M | $-82.7M | $113.9M | $233.7M | $37.2M | $203.2M |
| Free Cash Flow | $495.6M | $586.6M | $454.0M | $679.6M | $1.15B | $1.03B | $159.5M | $688.1M |