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

Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.1B, roughly 1.5× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 8.9%, a 22.7% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 13.8%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs -25.2%).

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.

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

HII vs VIRT — Head-to-Head

Bigger by revenue
HII
HII
1.5× larger
HII
$1.7B
$1.1B
VIRT
Growing faster (revenue YoY)
VIRT
VIRT
+16.9% gap
VIRT
30.7%
13.8%
HII
Higher net margin
VIRT
VIRT
22.7% more per $
VIRT
31.6%
8.9%
HII
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
25.7%
-25.2%
HII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HII
HII
VIRT
VIRT
Revenue
$1.7B
$1.1B
Net Profit
$149.0M
$346.6M
Gross Margin
Operating Margin
9.3%
37.4%
Net Margin
8.9%
31.6%
Revenue YoY
13.8%
30.7%
Net Profit YoY
82.8%
EPS (diluted)
$3.79
$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
HII
HII
VIRT
VIRT
Q1 26
$1.7B
$1.1B
Q4 25
$3.5B
$969.9M
Q3 25
$3.2B
$824.8M
Q2 25
$3.1B
$999.6M
Q1 25
$2.7B
$837.9M
Q4 24
$3.0B
$834.3M
Q3 24
$2.7B
$706.8M
Q2 24
$3.0B
$693.0M
Net Profit
HII
HII
VIRT
VIRT
Q1 26
$149.0M
$346.6M
Q4 25
$159.0M
$139.9M
Q3 25
$145.0M
$77.6M
Q2 25
$152.0M
$151.2M
Q1 25
$149.0M
$99.7M
Q4 24
$123.0M
$94.1M
Q3 24
$101.0M
$60.0M
Q2 24
$173.0M
$66.6M
Operating Margin
HII
HII
VIRT
VIRT
Q1 26
9.3%
37.4%
Q4 25
4.9%
35.4%
Q3 25
5.0%
21.8%
Q2 25
5.3%
34.7%
Q1 25
5.9%
26.7%
Q4 24
3.7%
24.3%
Q3 24
3.0%
20.8%
Q2 24
6.3%
22.4%
Net Margin
HII
HII
VIRT
VIRT
Q1 26
8.9%
31.6%
Q4 25
4.6%
14.4%
Q3 25
4.5%
9.4%
Q2 25
4.9%
15.1%
Q1 25
5.4%
11.9%
Q4 24
4.1%
11.3%
Q3 24
3.7%
8.5%
Q2 24
5.8%
9.6%
EPS (diluted)
HII
HII
VIRT
VIRT
Q1 26
$3.79
$1.99
Q4 25
$4.06
$1.54
Q3 25
$3.68
$0.86
Q2 25
$3.86
$1.65
Q1 25
$3.79
$1.08
Q4 24
$3.15
$1.03
Q3 24
$2.56
$0.64
Q2 24
$4.38
$0.71

Balance Sheet & Financial Strength

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

Metric
HII
HII
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$216.0M
$973.2M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$5.1B
$2.2B
Total Assets
$12.5B
$25.1B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
VIRT
VIRT
Q1 26
$216.0M
$973.2M
Q4 25
$1.1B
Q3 25
$707.9M
Q2 25
$752.1M
Q1 25
$723.6M
Q4 24
$872.5M
Q3 24
$701.4M
Q2 24
$684.8M
Total Debt
HII
HII
VIRT
VIRT
Q1 26
$2.7B
Q4 25
$2.7B
$2.0B
Q3 25
$2.0B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$2.7B
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Stockholders' Equity
HII
HII
VIRT
VIRT
Q1 26
$5.1B
$2.2B
Q4 25
$5.1B
$1.6B
Q3 25
$5.0B
$1.5B
Q2 25
$4.9B
$1.4B
Q1 25
$4.8B
$1.3B
Q4 24
$4.7B
$1.3B
Q3 24
$4.2B
$1.2B
Q2 24
$4.2B
$1.2B
Total Assets
HII
HII
VIRT
VIRT
Q1 26
$12.5B
$25.1B
Q4 25
$12.7B
$20.2B
Q3 25
$12.3B
$21.3B
Q2 25
$12.1B
$19.3B
Q1 25
$12.1B
$17.5B
Q4 24
$12.1B
$15.4B
Q3 24
$11.1B
$14.4B
Q2 24
$11.3B
$13.9B
Debt / Equity
HII
HII
VIRT
VIRT
Q1 26
0.52×
Q4 25
0.53×
1.29×
Q3 25
1.40×
Q2 25
1.24×
Q1 25
1.33×
Q4 24
0.58×
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
HII
HII
VIRT
VIRT
Operating Cash FlowLast quarter
$-390.0M
Free Cash FlowOCF − Capex
$-461.0M
FCF MarginFCF / Revenue
-27.7%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
-2.62×
TTM Free Cash FlowTrailing 4 quarters
$795.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
VIRT
VIRT
Q1 26
$-390.0M
Q4 25
$650.0M
$518.4M
Q3 25
$118.0M
$-68.7M
Q2 25
$823.0M
$62.8M
Q1 25
$-395.0M
$15.0M
Q4 24
$391.0M
$599.0M
Q3 24
$213.0M
$112.1M
Q2 24
$-9.0M
$490.8M
Free Cash Flow
HII
HII
VIRT
VIRT
Q1 26
$-461.0M
Q4 25
$516.0M
$495.6M
Q3 25
$13.0M
$-76.7M
Q2 25
$727.0M
$57.6M
Q1 25
$-462.0M
$9.2M
Q4 24
$277.0M
$586.6M
Q3 24
$125.0M
$106.2M
Q2 24
$-99.0M
$486.9M
FCF Margin
HII
HII
VIRT
VIRT
Q1 26
-27.7%
Q4 25
14.8%
51.1%
Q3 25
0.4%
-9.3%
Q2 25
23.6%
5.8%
Q1 25
-16.9%
1.1%
Q4 24
9.2%
70.3%
Q3 24
4.5%
15.0%
Q2 24
-3.3%
70.3%
Capex Intensity
HII
HII
VIRT
VIRT
Q1 26
4.4%
Q4 25
3.9%
2.4%
Q3 25
3.3%
1.0%
Q2 25
3.1%
0.5%
Q1 25
2.5%
0.7%
Q4 24
3.8%
1.5%
Q3 24
3.2%
0.8%
Q2 24
3.0%
0.6%
Cash Conversion
HII
HII
VIRT
VIRT
Q1 26
-2.62×
Q4 25
4.09×
3.71×
Q3 25
0.81×
-0.89×
Q2 25
5.41×
0.42×
Q1 25
-2.65×
0.15×
Q4 24
3.18×
6.37×
Q3 24
2.11×
1.87×
Q2 24
-0.05×
7.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HII
HII

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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