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Side-by-side financial comparison of MODINE MANUFACTURING CO (MOD) 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 $805.0M, roughly 1.4× MODINE MANUFACTURING CO). Virtu Financial, Inc. runs the higher net margin — 31.6% vs -5.9%, a 37.5% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 30.5%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs 15.5%).
Modine Manufacturing is a thermal management company established in 1916 in the United States. The company started as Modine Manufacturing Company by Arthur B Modine who patented the Spirex radiator for tractors. The Modine company manufactured the Turbotube radiator for Ford Model T cars. The company built the world's first vehicular wind tunnel in Racine, Wisconsin in 1941. During WWII, Modine manufactured aftercoolers for the P-51 Mustang fighter plane. After WWII, Modine introduced the Ai...
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
MOD vs VIRT — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $805.0M | $1.1B |
| Net Profit | $-47.4M | $346.6M |
| Gross Margin | 23.1% | — |
| Operating Margin | 11.1% | 37.4% |
| Net Margin | -5.9% | 31.6% |
| Revenue YoY | 30.5% | 30.7% |
| Net Profit YoY | -215.6% | 82.8% |
| EPS (diluted) | $-0.90 | $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 | $805.0M | $969.9M | ||
| Q3 25 | $738.9M | $824.8M | ||
| Q2 25 | $682.8M | $999.6M | ||
| Q1 25 | $647.2M | $837.9M | ||
| Q4 24 | $616.8M | $834.3M | ||
| Q3 24 | $658.0M | $706.8M | ||
| Q2 24 | $661.5M | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $-47.4M | $139.9M | ||
| Q3 25 | $44.4M | $77.6M | ||
| Q2 25 | $51.2M | $151.2M | ||
| Q1 25 | $49.6M | $99.7M | ||
| Q4 24 | $41.0M | $94.1M | ||
| Q3 24 | $46.1M | $60.0M | ||
| Q2 24 | $47.3M | $66.6M |
| Q1 26 | — | — | ||
| Q4 25 | 23.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 25.6% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.6% | — |
| Q1 26 | — | 37.4% | ||
| Q4 25 | 11.1% | 35.4% | ||
| Q3 25 | 9.9% | 21.8% | ||
| Q2 25 | 11.1% | 34.7% | ||
| Q1 25 | 11.5% | 26.7% | ||
| Q4 24 | 9.6% | 24.3% | ||
| Q3 24 | 11.4% | 20.8% | ||
| Q2 24 | 11.2% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | -5.9% | 14.4% | ||
| Q3 25 | 6.0% | 9.4% | ||
| Q2 25 | 7.5% | 15.1% | ||
| Q1 25 | 7.7% | 11.9% | ||
| Q4 24 | 6.6% | 11.3% | ||
| Q3 24 | 7.0% | 8.5% | ||
| Q2 24 | 7.2% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $-0.90 | $1.54 | ||
| Q3 25 | $0.83 | $0.86 | ||
| Q2 25 | $0.95 | $1.65 | ||
| Q1 25 | $0.92 | $1.08 | ||
| Q4 24 | $0.76 | $1.03 | ||
| Q3 24 | $0.86 | $0.64 | ||
| Q2 24 | $0.88 | $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 | $98.7M | $973.2M |
| Total DebtLower is stronger | $570.7M | — |
| Stockholders' EquityBook value | $1.1B | $2.2B |
| Total Assets | $2.5B | $25.1B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $98.7M | $1.1B | ||
| Q3 25 | $83.8M | $707.9M | ||
| Q2 25 | $124.5M | $752.1M | ||
| Q1 25 | $71.6M | $723.6M | ||
| Q4 24 | $83.8M | $872.5M | ||
| Q3 24 | $78.6M | $701.4M | ||
| Q2 24 | $72.9M | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | $570.7M | $2.0B | ||
| Q3 25 | $525.8M | $2.0B | ||
| Q2 25 | $482.1M | $1.7B | ||
| Q1 25 | $296.7M | $1.7B | ||
| Q4 24 | $330.0M | $1.7B | ||
| Q3 24 | $359.1M | $1.7B | ||
| Q2 24 | $405.7M | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $910.2M | $1.3B | ||
| Q4 24 | $855.1M | $1.3B | ||
| Q3 24 | $858.8M | $1.2B | ||
| Q2 24 | $788.4M | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $2.5B | $20.2B | ||
| Q3 25 | $2.4B | $21.3B | ||
| Q2 25 | $2.2B | $19.3B | ||
| Q1 25 | $1.9B | $17.5B | ||
| Q4 24 | $1.8B | $15.4B | ||
| Q3 24 | $1.9B | $14.4B | ||
| Q2 24 | $1.9B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.51× | 1.29× | ||
| Q3 25 | 0.50× | 1.40× | ||
| Q2 25 | 0.48× | 1.24× | ||
| Q1 25 | 0.33× | 1.33× | ||
| Q4 24 | 0.39× | 1.39× | ||
| Q3 24 | 0.42× | 1.41× | ||
| Q2 24 | 0.51× | 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 | $24.7M | — |
| Free Cash FlowOCF − Capex | $-17.1M | — |
| FCF MarginFCF / Revenue | -2.1% | — |
| Capex IntensityCapex / Revenue | 5.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-20.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $24.7M | $518.4M | ||
| Q3 25 | $1.4M | $-68.7M | ||
| Q2 25 | $27.7M | $62.8M | ||
| Q1 25 | $54.8M | $15.0M | ||
| Q4 24 | $60.7M | $599.0M | ||
| Q3 24 | $57.3M | $112.1M | ||
| Q2 24 | $40.5M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-17.1M | $495.6M | ||
| Q3 25 | $-30.5M | $-76.7M | ||
| Q2 25 | $200.0K | $57.6M | ||
| Q1 25 | $27.1M | $9.2M | ||
| Q4 24 | $44.7M | $586.6M | ||
| Q3 24 | $43.8M | $106.2M | ||
| Q2 24 | $13.7M | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | -2.1% | 51.1% | ||
| Q3 25 | -4.1% | -9.3% | ||
| Q2 25 | 0.0% | 5.8% | ||
| Q1 25 | 4.2% | 1.1% | ||
| Q4 24 | 7.2% | 70.3% | ||
| Q3 24 | 6.7% | 15.0% | ||
| Q2 24 | 2.1% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | 2.4% | ||
| Q3 25 | 4.3% | 1.0% | ||
| Q2 25 | 4.0% | 0.5% | ||
| Q1 25 | 4.3% | 0.7% | ||
| Q4 24 | 2.6% | 1.5% | ||
| Q3 24 | 2.1% | 0.8% | ||
| Q2 24 | 4.1% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | 0.03× | -0.89× | ||
| Q2 25 | 0.54× | 0.42× | ||
| Q1 25 | 1.10× | 0.15× | ||
| Q4 24 | 1.48× | 6.37× | ||
| Q3 24 | 1.24× | 1.87× | ||
| Q2 24 | 0.86× | 7.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
