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Side-by-side financial comparison of Liberty Energy Inc. (LBRT) 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 $1.0B, roughly 1.1× Liberty Energy Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 2.2%, a 29.4% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 4.5%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs -6.2%).
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
LBRT vs VIRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.1B |
| Net Profit | $22.6M | $346.6M |
| Gross Margin | — | — |
| Operating Margin | 2.2% | 37.4% |
| Net Margin | 2.2% | 31.6% |
| Revenue YoY | 4.5% | 30.7% |
| Net Profit YoY | — | 82.8% |
| EPS (diluted) | $0.14 | $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 | $1.0B | $1.1B | ||
| Q4 25 | $1.0B | $969.9M | ||
| Q3 25 | $947.4M | $824.8M | ||
| Q2 25 | $1.0B | $999.6M | ||
| Q1 25 | $977.5M | $837.9M | ||
| Q4 24 | $943.6M | $834.3M | ||
| Q3 24 | $1.1B | $706.8M | ||
| Q2 24 | $1.2B | $693.0M |
| Q1 26 | $22.6M | $346.6M | ||
| Q4 25 | $13.7M | $139.9M | ||
| Q3 25 | $43.1M | $77.6M | ||
| Q2 25 | $71.0M | $151.2M | ||
| Q1 25 | $20.1M | $99.7M | ||
| Q4 24 | $51.9M | $94.1M | ||
| Q3 24 | $73.8M | $60.0M | ||
| Q2 24 | $108.4M | $66.6M |
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 22.1% | — | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 26.2% | — | ||
| Q2 24 | 27.9% | — |
| Q1 26 | 2.2% | 37.4% | ||
| Q4 25 | 1.9% | 35.4% | ||
| Q3 25 | -0.3% | 21.8% | ||
| Q2 25 | 3.6% | 34.7% | ||
| Q1 25 | 1.9% | 26.7% | ||
| Q4 24 | 2.6% | 24.3% | ||
| Q3 24 | 9.4% | 20.8% | ||
| Q2 24 | 12.2% | 22.4% |
| Q1 26 | 2.2% | 31.6% | ||
| Q4 25 | 1.3% | 14.4% | ||
| Q3 25 | 4.5% | 9.4% | ||
| Q2 25 | 6.8% | 15.1% | ||
| Q1 25 | 2.1% | 11.9% | ||
| Q4 24 | 5.5% | 11.3% | ||
| Q3 24 | 6.5% | 8.5% | ||
| Q2 24 | 9.3% | 9.6% |
| Q1 26 | $0.14 | $1.99 | ||
| Q4 25 | $0.08 | $1.54 | ||
| Q3 25 | $0.26 | $0.86 | ||
| Q2 25 | $0.43 | $1.65 | ||
| Q1 25 | $0.12 | $1.08 | ||
| Q4 24 | $0.31 | $1.03 | ||
| Q3 24 | $0.44 | $0.64 | ||
| Q2 24 | $0.64 | $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 | $699.1M | $973.2M |
| Total DebtLower is stronger | $7.1M | — |
| Stockholders' EquityBook value | $1.9B | $2.2B |
| Total Assets | $4.4B | $25.1B |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $699.1M | $973.2M | ||
| Q4 25 | $27.6M | $1.1B | ||
| Q3 25 | $13.5M | $707.9M | ||
| Q2 25 | $19.6M | $752.1M | ||
| Q1 25 | $24.1M | $723.6M | ||
| Q4 24 | $20.0M | $872.5M | ||
| Q3 24 | $23.0M | $701.4M | ||
| Q2 24 | $30.0M | $684.8M |
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $190.5M | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | $1.9B | $2.2B | ||
| Q4 25 | $2.1B | $1.6B | ||
| Q3 25 | $2.1B | $1.5B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $2.0B | $1.3B | ||
| Q4 24 | $2.0B | $1.3B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B |
| Q1 26 | $4.4B | $25.1B | ||
| Q4 25 | $3.6B | $20.2B | ||
| Q3 25 | $3.5B | $21.3B | ||
| Q2 25 | $3.4B | $19.3B | ||
| Q1 25 | $3.4B | $17.5B | ||
| Q4 24 | $3.3B | $15.4B | ||
| Q3 24 | $3.3B | $14.4B | ||
| Q2 24 | $3.2B | $13.9B |
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | 0.10× | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LBRT
Segment breakdown not available.
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
