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Side-by-side financial comparison of Ardent Health, Inc. (ARDT) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.1B, roughly 1.5× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 2.8%, a 28.8% gap on every dollar of revenue.
Goodlife Health Clubs is a chain of health clubs, with more than 80 locations in Australia.
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
ARDT vs VIRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.1B |
| Net Profit | $45.0M | $346.6M |
| Gross Margin | — | — |
| Operating Margin | 5.8% | 37.4% |
| Net Margin | 2.8% | 31.6% |
| Revenue YoY | — | 30.7% |
| Net Profit YoY | — | 82.8% |
| EPS (diluted) | $0.32 | $1.99 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.6B | $969.9M | ||
| Q3 25 | $1.6B | $824.8M | ||
| Q2 25 | $1.6B | $999.6M | ||
| Q1 25 | $1.5B | $837.9M | ||
| Q4 24 | — | $834.3M | ||
| Q3 24 | $1.4B | $706.8M | ||
| Q2 24 | $1.5B | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $45.0M | $139.9M | ||
| Q3 25 | $-23.5M | $77.6M | ||
| Q2 25 | $73.0M | $151.2M | ||
| Q1 25 | $41.4M | $99.7M | ||
| Q4 24 | — | $94.1M | ||
| Q3 24 | $26.3M | $60.0M | ||
| Q2 24 | $42.8M | $66.6M |
| Q1 26 | — | 37.4% | ||
| Q4 25 | 5.8% | 35.4% | ||
| Q3 25 | -0.1% | 21.8% | ||
| Q2 25 | 7.4% | 34.7% | ||
| Q1 25 | 5.0% | 26.7% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | 3.9% | 20.8% | ||
| Q2 24 | 5.6% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | 2.8% | 14.4% | ||
| Q3 25 | -1.5% | 9.4% | ||
| Q2 25 | 4.4% | 15.1% | ||
| Q1 25 | 2.8% | 11.9% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | 1.8% | 8.5% | ||
| Q2 24 | 2.9% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $0.32 | $1.54 | ||
| Q3 25 | $-0.17 | $0.86 | ||
| Q2 25 | $0.52 | $1.65 | ||
| Q1 25 | $0.29 | $1.08 | ||
| Q4 24 | — | $1.03 | ||
| Q3 24 | $0.19 | $0.64 | ||
| Q2 24 | $0.34 | $0.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $709.6M | $973.2M |
| Total DebtLower is stronger | $1.1B | — |
| Stockholders' EquityBook value | $1.3B | $2.2B |
| Total Assets | $5.3B | $25.1B |
| Debt / EquityLower = less leverage | 0.84× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $709.6M | $1.1B | ||
| Q3 25 | $609.4M | $707.9M | ||
| Q2 25 | $540.6M | $752.1M | ||
| Q1 25 | $495.0M | $723.6M | ||
| Q4 24 | — | $872.5M | ||
| Q3 24 | $563.1M | $701.4M | ||
| Q2 24 | $334.5M | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $2.0B | ||
| Q3 25 | $1.1B | $2.0B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.1B | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $739.9M | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $5.3B | $20.2B | ||
| Q3 25 | $5.2B | $21.3B | ||
| Q2 25 | $5.0B | $19.3B | ||
| Q1 25 | $4.9B | $17.5B | ||
| Q4 24 | — | $15.4B | ||
| Q3 24 | $4.8B | $14.4B | ||
| Q2 24 | $4.6B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.84× | 1.29× | ||
| Q3 25 | 0.88× | 1.40× | ||
| Q2 25 | 0.87× | 1.24× | ||
| Q1 25 | 0.93× | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | 1.08× | 1.41× | ||
| Q2 24 | 1.46× | 1.41× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $223.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 4.97× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $223.4M | $518.4M | ||
| Q3 25 | $154.4M | $-68.7M | ||
| Q2 25 | $117.5M | $62.8M | ||
| Q1 25 | $-24.8M | $15.0M | ||
| Q4 24 | — | $599.0M | ||
| Q3 24 | $89.7M | $112.1M | ||
| Q2 24 | — | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $495.6M | ||
| Q3 25 | — | $-76.7M | ||
| Q2 25 | — | $57.6M | ||
| Q1 25 | — | $9.2M | ||
| Q4 24 | — | $586.6M | ||
| Q3 24 | — | $106.2M | ||
| Q2 24 | — | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 51.1% | ||
| Q3 25 | — | -9.3% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 4.97× | 3.71× | ||
| Q3 25 | — | -0.89× | ||
| Q2 25 | 1.61× | 0.42× | ||
| Q1 25 | -0.60× | 0.15× | ||
| Q4 24 | — | 6.37× | ||
| Q3 24 | 3.41× | 1.87× | ||
| Q2 24 | — | 7.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARDT
Segment breakdown not available.
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
