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Side-by-side financial comparison of Hyatt Hotels Corp (H) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
Hyatt Hotels Corp is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.6× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs -1.1%, a 32.8% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 11.7%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs 2.2%).
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
H vs VIRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.1B |
| Net Profit | $-20.0M | $346.6M |
| Gross Margin | — | — |
| Operating Margin | 0.4% | 37.4% |
| Net Margin | -1.1% | 31.6% |
| Revenue YoY | 11.7% | 30.7% |
| Net Profit YoY | 64.3% | 82.8% |
| EPS (diluted) | $-0.20 | $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 | $1.8B | $969.9M | ||
| Q3 25 | $1.8B | $824.8M | ||
| Q2 25 | $1.8B | $999.6M | ||
| Q1 25 | $1.7B | $837.9M | ||
| Q4 24 | $1.6B | $834.3M | ||
| Q3 24 | $1.6B | $706.8M | ||
| Q2 24 | $1.7B | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $-20.0M | $139.9M | ||
| Q3 25 | $-49.0M | $77.6M | ||
| Q2 25 | $-3.0M | $151.2M | ||
| Q1 25 | $20.0M | $99.7M | ||
| Q4 24 | $-56.0M | $94.1M | ||
| Q3 24 | $471.0M | $60.0M | ||
| Q2 24 | $359.0M | $66.6M |
| Q1 26 | — | 37.4% | ||
| Q4 25 | 0.4% | 35.4% | ||
| Q3 25 | -1.0% | 21.8% | ||
| Q2 25 | 2.1% | 34.7% | ||
| Q1 25 | 3.0% | 26.7% | ||
| Q4 24 | -3.0% | 24.3% | ||
| Q3 24 | 37.3% | 20.8% | ||
| Q2 24 | 27.1% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | -1.1% | 14.4% | ||
| Q3 25 | -2.7% | 9.4% | ||
| Q2 25 | -0.2% | 15.1% | ||
| Q1 25 | 1.2% | 11.9% | ||
| Q4 24 | -3.5% | 11.3% | ||
| Q3 24 | 28.9% | 8.5% | ||
| Q2 24 | 21.1% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $-0.20 | $1.54 | ||
| Q3 25 | $-0.51 | $0.86 | ||
| Q2 25 | $-0.03 | $1.65 | ||
| Q1 25 | $0.19 | $1.08 | ||
| Q4 24 | $-0.37 | $1.03 | ||
| Q3 24 | $4.63 | $0.64 | ||
| Q2 24 | $3.46 | $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 | $813.0M | $973.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3B | $2.2B |
| Total Assets | $14.0B | $25.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $813.0M | $1.1B | ||
| Q3 25 | $749.0M | $707.9M | ||
| Q2 25 | $912.0M | $752.1M | ||
| Q1 25 | $1.8B | $723.6M | ||
| Q4 24 | $1.4B | $872.5M | ||
| Q3 24 | $1.1B | $701.4M | ||
| Q2 24 | $2.0B | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | $6.0B | $2.0B | ||
| Q2 25 | $6.0B | $1.7B | ||
| Q1 25 | $4.3B | $1.7B | ||
| Q4 24 | $3.8B | $1.7B | ||
| Q3 24 | $3.1B | $1.7B | ||
| Q2 24 | $3.9B | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $3.3B | $1.6B | ||
| Q3 25 | $3.5B | $1.5B | ||
| Q2 25 | $3.6B | $1.4B | ||
| Q1 25 | $3.5B | $1.3B | ||
| Q4 24 | $3.5B | $1.3B | ||
| Q3 24 | $3.7B | $1.2B | ||
| Q2 24 | $3.9B | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $14.0B | $20.2B | ||
| Q3 25 | $15.7B | $21.3B | ||
| Q2 25 | $15.9B | $19.3B | ||
| Q1 25 | $14.0B | $17.5B | ||
| Q4 24 | $13.3B | $15.4B | ||
| Q3 24 | $11.9B | $14.4B | ||
| Q2 24 | $12.8B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | 1.73× | 1.40× | ||
| Q2 25 | 1.69× | 1.24× | ||
| Q1 25 | 1.25× | 1.33× | ||
| Q4 24 | 1.07× | 1.39× | ||
| Q3 24 | 0.85× | 1.41× | ||
| Q2 24 | 1.01× | 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 | $313.0M | — |
| Free Cash FlowOCF − Capex | $236.0M | — |
| FCF MarginFCF / Revenue | 13.2% | — |
| Capex IntensityCapex / Revenue | 4.3% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $159.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $313.0M | $518.4M | ||
| Q3 25 | $-20.0M | $-68.7M | ||
| Q2 25 | $-67.0M | $62.8M | ||
| Q1 25 | $153.0M | $15.0M | ||
| Q4 24 | $235.0M | $599.0M | ||
| Q3 24 | $-21.0M | $112.1M | ||
| Q2 24 | $177.0M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $236.0M | $495.6M | ||
| Q3 25 | $-89.0M | $-76.7M | ||
| Q2 25 | $-111.0M | $57.6M | ||
| Q1 25 | $123.0M | $9.2M | ||
| Q4 24 | $184.0M | $586.6M | ||
| Q3 24 | $-64.0M | $106.2M | ||
| Q2 24 | $135.0M | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | 13.2% | 51.1% | ||
| Q3 25 | -5.0% | -9.3% | ||
| Q2 25 | -6.1% | 5.8% | ||
| Q1 25 | 7.2% | 1.1% | ||
| Q4 24 | 11.5% | 70.3% | ||
| Q3 24 | -3.9% | 15.0% | ||
| Q2 24 | 7.9% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | 2.4% | ||
| Q3 25 | 3.9% | 1.0% | ||
| Q2 25 | 2.4% | 0.5% | ||
| Q1 25 | 1.7% | 0.7% | ||
| Q4 24 | 3.2% | 1.5% | ||
| Q3 24 | 2.6% | 0.8% | ||
| Q2 24 | 2.5% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | — | -0.89× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | 7.65× | 0.15× | ||
| Q4 24 | — | 6.37× | ||
| Q3 24 | -0.04× | 1.87× | ||
| Q2 24 | 0.49× | 7.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
