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Side-by-side financial comparison of PACS Group, Inc. (PACS) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.2× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 4.4%, a 27.2% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 18.4%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs 20.5%).
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
PACS vs VIRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.4B | $1.1B |
| Net Profit | $59.7M | $346.6M |
| Gross Margin | — | — |
| Operating Margin | 7.0% | 37.4% |
| Net Margin | 4.4% | 31.6% |
| Revenue YoY | 18.4% | 30.7% |
| Net Profit YoY | 3022.5% | 82.8% |
| EPS (diluted) | $0.42 | $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 | $1.4B | $969.9M | ||
| Q3 25 | $1.3B | $824.8M | ||
| Q2 25 | $1.3B | $999.6M | ||
| Q1 25 | $1.3B | $837.9M | ||
| Q4 24 | $1.1B | $834.3M | ||
| Q3 24 | $1.0B | $706.8M | ||
| Q2 24 | $981.4M | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $59.7M | $139.9M | ||
| Q3 25 | $52.4M | $77.6M | ||
| Q2 25 | $51.0M | $151.2M | ||
| Q1 25 | $28.5M | $99.7M | ||
| Q4 24 | $1.9M | $94.1M | ||
| Q3 24 | $15.6M | $60.0M | ||
| Q2 24 | $-10.9M | $66.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.1% | — | ||
| Q2 24 | 22.3% | — |
| Q1 26 | — | 37.4% | ||
| Q4 25 | 7.0% | 35.4% | ||
| Q3 25 | 6.4% | 21.8% | ||
| Q2 25 | 6.2% | 34.7% | ||
| Q1 25 | 3.8% | 26.7% | ||
| Q4 24 | 1.7% | 24.3% | ||
| Q3 24 | 2.2% | 20.8% | ||
| Q2 24 | 0.1% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | 4.4% | 14.4% | ||
| Q3 25 | 3.9% | 9.4% | ||
| Q2 25 | 3.9% | 15.1% | ||
| Q1 25 | 2.2% | 11.9% | ||
| Q4 24 | 0.2% | 11.3% | ||
| Q3 24 | 1.5% | 8.5% | ||
| Q2 24 | -1.1% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $0.42 | $1.54 | ||
| Q3 25 | $0.32 | $0.86 | ||
| Q2 25 | $0.31 | $1.65 | ||
| Q1 25 | $0.17 | $1.08 | ||
| Q4 24 | $-0.03 | $1.03 | ||
| Q3 24 | $0.10 | $0.64 | ||
| Q2 24 | $-0.07 | $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 | $197.0M | $973.2M |
| Total DebtLower is stronger | $353.2M | — |
| Stockholders' EquityBook value | $946.8M | $2.2B |
| Total Assets | $5.6B | $25.1B |
| Debt / EquityLower = less leverage | 0.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $197.0M | $1.1B | ||
| Q3 25 | $355.7M | $707.9M | ||
| Q2 25 | $294.2M | $752.1M | ||
| Q1 25 | $287.5M | $723.6M | ||
| Q4 24 | $157.7M | $872.5M | ||
| Q3 24 | $49.5M | $701.4M | ||
| Q2 24 | $73.4M | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | $353.2M | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $411.9M | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $946.8M | $1.6B | ||
| Q3 25 | $871.3M | $1.5B | ||
| Q2 25 | $806.8M | $1.4B | ||
| Q1 25 | $750.2M | $1.3B | ||
| Q4 24 | $709.6M | $1.3B | ||
| Q3 24 | $660.0M | $1.2B | ||
| Q2 24 | $572.1M | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $5.6B | $20.2B | ||
| Q3 25 | $5.6B | $21.3B | ||
| Q2 25 | $5.5B | $19.3B | ||
| Q1 25 | $5.5B | $17.5B | ||
| Q4 24 | $5.2B | $15.4B | ||
| Q3 24 | $4.5B | $14.4B | ||
| Q2 24 | $3.9B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.37× | 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-3.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -0.06× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-3.4M | $518.4M | ||
| Q3 25 | $204.8M | $-68.7M | ||
| Q2 25 | $52.6M | $62.8M | ||
| Q1 25 | $150.2M | $15.0M | ||
| Q4 24 | $64.6M | $599.0M | ||
| Q3 24 | $209.2M | $112.1M | ||
| Q2 24 | $34.8M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $495.6M | ||
| Q3 25 | — | $-76.7M | ||
| Q2 25 | — | $57.6M | ||
| Q1 25 | — | $9.2M | ||
| Q4 24 | — | $586.6M | ||
| Q3 24 | — | $106.2M | ||
| Q2 24 | — | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 51.1% | ||
| Q3 25 | — | -9.3% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | -0.06× | 3.71× | ||
| Q3 25 | 3.91× | -0.89× | ||
| Q2 25 | 1.03× | 0.42× | ||
| Q1 25 | 5.28× | 0.15× | ||
| Q4 24 | 33.78× | 6.37× | ||
| Q3 24 | 13.39× | 1.87× | ||
| Q2 24 | — | 7.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PACS
Segment breakdown not available.
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |