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Side-by-side financial comparison of F5, Inc. (FFIV) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.

Virtu Financial, Inc. is the larger business by last-quarter revenue ($1.1B vs $811.7M, roughly 1.3× F5, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 18.2%, a 13.4% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 11.0%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs 8.0%).

F5, Inc. is an American technology company specializing in application security, multi-cloud management, online fraud prevention, application delivery networking (ADN), application availability and performance, and network security, access, and authorization.

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

FFIV vs VIRT — Head-to-Head

Bigger by revenue
VIRT
VIRT
1.3× larger
VIRT
$1.1B
$811.7M
FFIV
Growing faster (revenue YoY)
VIRT
VIRT
+19.7% gap
VIRT
30.7%
11.0%
FFIV
Higher net margin
VIRT
VIRT
13.4% more per $
VIRT
31.6%
18.2%
FFIV
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
25.7%
8.0%
FFIV

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FFIV
FFIV
VIRT
VIRT
Revenue
$811.7M
$1.1B
Net Profit
$148.0M
$346.6M
Gross Margin
81.4%
Operating Margin
22.1%
37.4%
Net Margin
18.2%
31.6%
Revenue YoY
11.0%
30.7%
Net Profit YoY
1.5%
82.8%
EPS (diluted)
$2.58
$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.

Revenue
FFIV
FFIV
VIRT
VIRT
Q1 26
$811.7M
$1.1B
Q4 25
$822.5M
$969.9M
Q3 25
$810.1M
$824.8M
Q2 25
$780.4M
$999.6M
Q1 25
$731.1M
$837.9M
Q4 24
$766.5M
$834.3M
Q3 24
$746.7M
$706.8M
Q2 24
$695.5M
$693.0M
Net Profit
FFIV
FFIV
VIRT
VIRT
Q1 26
$148.0M
$346.6M
Q4 25
$180.1M
$139.9M
Q3 25
$190.5M
$77.6M
Q2 25
$189.9M
$151.2M
Q1 25
$145.5M
$99.7M
Q4 24
$166.4M
$94.1M
Q3 24
$165.3M
$60.0M
Q2 24
$144.1M
$66.6M
Gross Margin
FFIV
FFIV
VIRT
VIRT
Q1 26
81.4%
Q4 25
81.5%
Q3 25
82.2%
Q2 25
81.0%
Q1 25
80.7%
Q4 24
81.7%
Q3 24
80.8%
Q2 24
80.4%
Operating Margin
FFIV
FFIV
VIRT
VIRT
Q1 26
22.1%
37.4%
Q4 25
26.0%
35.4%
Q3 25
25.4%
21.8%
Q2 25
25.2%
34.7%
Q1 25
21.7%
26.7%
Q4 24
26.8%
24.3%
Q3 24
25.6%
20.8%
Q2 24
23.4%
22.4%
Net Margin
FFIV
FFIV
VIRT
VIRT
Q1 26
18.2%
31.6%
Q4 25
21.9%
14.4%
Q3 25
23.5%
9.4%
Q2 25
24.3%
15.1%
Q1 25
19.9%
11.9%
Q4 24
21.7%
11.3%
Q3 24
22.1%
8.5%
Q2 24
20.7%
9.6%
EPS (diluted)
FFIV
FFIV
VIRT
VIRT
Q1 26
$2.58
$1.99
Q4 25
$3.10
$1.54
Q3 25
$3.25
$0.86
Q2 25
$3.25
$1.65
Q1 25
$2.48
$1.08
Q4 24
$2.82
$1.03
Q3 24
$2.79
$0.64
Q2 24
$2.44
$0.71

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FFIV
FFIV
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$1.4B
$973.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$2.2B
Total Assets
$6.5B
$25.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIV
FFIV
VIRT
VIRT
Q1 26
$1.4B
$973.2M
Q4 25
$1.2B
$1.1B
Q3 25
$1.3B
$707.9M
Q2 25
$1.4B
$752.1M
Q1 25
$1.3B
$723.6M
Q4 24
$1.2B
$872.5M
Q3 24
$1.1B
$701.4M
Q2 24
$935.6M
$684.8M
Total Debt
FFIV
FFIV
VIRT
VIRT
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Stockholders' Equity
FFIV
FFIV
VIRT
VIRT
Q1 26
$3.6B
$2.2B
Q4 25
$3.5B
$1.6B
Q3 25
$3.6B
$1.5B
Q2 25
$3.5B
$1.4B
Q1 25
$3.3B
$1.3B
Q4 24
$3.2B
$1.3B
Q3 24
$3.1B
$1.2B
Q2 24
$3.0B
$1.2B
Total Assets
FFIV
FFIV
VIRT
VIRT
Q1 26
$6.5B
$25.1B
Q4 25
$6.3B
$20.2B
Q3 25
$6.3B
$21.3B
Q2 25
$6.1B
$19.3B
Q1 25
$5.9B
$17.5B
Q4 24
$5.9B
$15.4B
Q3 24
$5.6B
$14.4B
Q2 24
$5.4B
$13.9B
Debt / Equity
FFIV
FFIV
VIRT
VIRT
Q1 26
Q4 25
1.29×
Q3 25
1.40×
Q2 25
1.24×
Q1 25
1.33×
Q4 24
1.39×
Q3 24
1.41×
Q2 24
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
FFIV
FFIV
VIRT
VIRT
Operating Cash FlowLast quarter
$525.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIV
FFIV
VIRT
VIRT
Q1 26
$525.1M
Q4 25
$159.2M
$518.4M
Q3 25
$208.1M
$-68.7M
Q2 25
$282.2M
$62.8M
Q1 25
$256.6M
$15.0M
Q4 24
$202.8M
$599.0M
Q3 24
$246.5M
$112.1M
Q2 24
$159.0M
$490.8M
Free Cash Flow
FFIV
FFIV
VIRT
VIRT
Q1 26
Q4 25
$149.5M
$495.6M
Q3 25
$191.9M
$-76.7M
Q2 25
$273.7M
$57.6M
Q1 25
$246.1M
$9.2M
Q4 24
$194.7M
$586.6M
Q3 24
$240.4M
$106.2M
Q2 24
$153.1M
$486.9M
FCF Margin
FFIV
FFIV
VIRT
VIRT
Q1 26
Q4 25
18.2%
51.1%
Q3 25
23.7%
-9.3%
Q2 25
35.1%
5.8%
Q1 25
33.7%
1.1%
Q4 24
25.4%
70.3%
Q3 24
32.2%
15.0%
Q2 24
22.0%
70.3%
Capex Intensity
FFIV
FFIV
VIRT
VIRT
Q1 26
Q4 25
1.2%
2.4%
Q3 25
2.0%
1.0%
Q2 25
1.1%
0.5%
Q1 25
1.4%
0.7%
Q4 24
1.1%
1.5%
Q3 24
0.8%
0.8%
Q2 24
0.8%
0.6%
Cash Conversion
FFIV
FFIV
VIRT
VIRT
Q1 26
3.55×
Q4 25
0.88×
3.71×
Q3 25
1.09×
-0.89×
Q2 25
1.49×
0.42×
Q1 25
1.76×
0.15×
Q4 24
1.22×
6.37×
Q3 24
1.49×
1.87×
Q2 24
1.10×
7.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FFIV
FFIV

Segment breakdown not available.

VIRT
VIRT

Trading income, net$789.1M72%
Commissions, net and technology services$186.6M17%
Other$119.6M11%

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