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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.

Interpublic Group of Companies (The) is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.9× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 5.8%, a 25.8% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs -4.8%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs -9.1%).

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

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

IPG vs VIRT — Head-to-Head

Bigger by revenue
IPG
IPG
1.9× larger
IPG
$2.1B
$1.1B
VIRT
Growing faster (revenue YoY)
VIRT
VIRT
+35.5% gap
VIRT
30.7%
-4.8%
IPG
Higher net margin
VIRT
VIRT
25.8% more per $
VIRT
31.6%
5.8%
IPG
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
25.7%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
IPG
IPG
VIRT
VIRT
Revenue
$2.1B
$1.1B
Net Profit
$124.2M
$346.6M
Gross Margin
Operating Margin
10.3%
37.4%
Net Margin
5.8%
31.6%
Revenue YoY
-4.8%
30.7%
Net Profit YoY
517.9%
82.8%
EPS (diluted)
$0.34
$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
IPG
IPG
VIRT
VIRT
Q1 26
$1.1B
Q4 25
$969.9M
Q3 25
$2.1B
$824.8M
Q2 25
$2.2B
$999.6M
Q1 25
$2.0B
$837.9M
Q4 24
$2.4B
$834.3M
Q3 24
$2.2B
$706.8M
Q2 24
$2.3B
$693.0M
Net Profit
IPG
IPG
VIRT
VIRT
Q1 26
$346.6M
Q4 25
$139.9M
Q3 25
$124.2M
$77.6M
Q2 25
$162.5M
$151.2M
Q1 25
$-85.4M
$99.7M
Q4 24
$344.5M
$94.1M
Q3 24
$20.1M
$60.0M
Q2 24
$214.5M
$66.6M
Gross Margin
IPG
IPG
VIRT
VIRT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
2.9%
Q2 24
1.2%
Operating Margin
IPG
IPG
VIRT
VIRT
Q1 26
37.4%
Q4 25
35.4%
Q3 25
10.3%
21.8%
Q2 25
11.2%
34.7%
Q1 25
-2.1%
26.7%
Q4 24
23.3%
24.3%
Q3 24
5.9%
20.8%
Q2 24
13.7%
22.4%
Net Margin
IPG
IPG
VIRT
VIRT
Q1 26
31.6%
Q4 25
14.4%
Q3 25
5.8%
9.4%
Q2 25
7.5%
15.1%
Q1 25
-4.3%
11.9%
Q4 24
14.1%
11.3%
Q3 24
0.9%
8.5%
Q2 24
9.2%
9.6%
EPS (diluted)
IPG
IPG
VIRT
VIRT
Q1 26
$1.99
Q4 25
$1.54
Q3 25
$0.34
$0.86
Q2 25
$0.44
$1.65
Q1 25
$-0.23
$1.08
Q4 24
$0.92
$1.03
Q3 24
$0.05
$0.64
Q2 24
$0.57
$0.71

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$1.5B
$973.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$2.2B
Total Assets
$17.0B
$25.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
VIRT
VIRT
Q1 26
$973.2M
Q4 25
$1.1B
Q3 25
$1.5B
$707.9M
Q2 25
$1.6B
$752.1M
Q1 25
$1.9B
$723.6M
Q4 24
$2.2B
$872.5M
Q3 24
$1.5B
$701.4M
Q2 24
$1.5B
$684.8M
Total Debt
IPG
IPG
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
IPG
IPG
VIRT
VIRT
Q1 26
$2.2B
Q4 25
$1.6B
Q3 25
$3.7B
$1.5B
Q2 25
$3.7B
$1.4B
Q1 25
$3.6B
$1.3B
Q4 24
$3.8B
$1.3B
Q3 24
$3.7B
$1.2B
Q2 24
$3.8B
$1.2B
Total Assets
IPG
IPG
VIRT
VIRT
Q1 26
$25.1B
Q4 25
$20.2B
Q3 25
$17.0B
$21.3B
Q2 25
$17.0B
$19.3B
Q1 25
$17.1B
$17.5B
Q4 24
$18.3B
$15.4B
Q3 24
$17.1B
$14.4B
Q2 24
$17.0B
$13.9B
Debt / Equity
IPG
IPG
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
IPG
IPG
VIRT
VIRT
Operating Cash FlowLast quarter
$180.1M
Free Cash FlowOCF − Capex
$153.6M
FCF MarginFCF / Revenue
7.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
VIRT
VIRT
Q1 26
Q4 25
$518.4M
Q3 25
$180.1M
$-68.7M
Q2 25
$-96.0M
$62.8M
Q1 25
$-37.0M
$15.0M
Q4 24
$868.1M
$599.0M
Q3 24
$223.8M
$112.1M
Q2 24
$120.7M
$490.8M
Free Cash Flow
IPG
IPG
VIRT
VIRT
Q1 26
Q4 25
$495.6M
Q3 25
$153.6M
$-76.7M
Q2 25
$-121.8M
$57.6M
Q1 25
$-58.5M
$9.2M
Q4 24
$833.5M
$586.6M
Q3 24
$186.5M
$106.2M
Q2 24
$85.9M
$486.9M
FCF Margin
IPG
IPG
VIRT
VIRT
Q1 26
Q4 25
51.1%
Q3 25
7.2%
-9.3%
Q2 25
-5.6%
5.8%
Q1 25
-2.9%
1.1%
Q4 24
34.2%
70.3%
Q3 24
8.3%
15.0%
Q2 24
3.7%
70.3%
Capex Intensity
IPG
IPG
VIRT
VIRT
Q1 26
Q4 25
2.4%
Q3 25
1.2%
1.0%
Q2 25
1.2%
0.5%
Q1 25
1.1%
0.7%
Q4 24
1.4%
1.5%
Q3 24
1.7%
0.8%
Q2 24
1.5%
0.6%
Cash Conversion
IPG
IPG
VIRT
VIRT
Q1 26
Q4 25
3.71×
Q3 25
1.45×
-0.89×
Q2 25
-0.59×
0.42×
Q1 25
0.15×
Q4 24
2.52×
6.37×
Q3 24
11.13×
1.87×
Q2 24
0.56×
7.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

VIRT
VIRT

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

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