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Side-by-side financial comparison of VIRTUS INVESTMENT PARTNERS, INC. (VRTS) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($208.0M vs $192.4M, roughly 1.1× Xometry, Inc.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs -4.5%, a 20.8% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs -10.9%). Xometry, Inc. produced more free cash flow last quarter ($-5.9M vs $-74.1M). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% CAGR vs -3.2%).
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
VRTS vs XMTR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $208.0M | $192.4M |
| Net Profit | $33.9M | $-8.6M |
| Gross Margin | — | 39.1% |
| Operating Margin | 19.1% | -4.6% |
| Net Margin | 16.3% | -4.5% |
| Revenue YoY | -10.9% | 29.5% |
| Net Profit YoY | -14.2% | 12.7% |
| EPS (diluted) | $5.15 | — |
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.
| Q4 25 | $208.0M | $192.4M | ||
| Q3 25 | $216.4M | $180.7M | ||
| Q2 25 | $210.5M | $162.5M | ||
| Q1 25 | $217.9M | $151.0M | ||
| Q4 24 | $233.5M | $148.5M | ||
| Q3 24 | $227.0M | $141.7M | ||
| Q2 24 | $224.4M | $132.6M | ||
| Q1 24 | $222.0M | $122.7M |
| Q4 25 | $33.9M | $-8.6M | ||
| Q3 25 | $31.3M | $-11.6M | ||
| Q2 25 | $42.7M | $-26.4M | ||
| Q1 25 | $28.1M | $-15.1M | ||
| Q4 24 | $39.5M | $-9.9M | ||
| Q3 24 | $49.1M | $-10.2M | ||
| Q2 24 | $26.0M | $-13.7M | ||
| Q1 24 | $37.9M | $-16.6M |
| Q4 25 | — | 39.1% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 40.1% | ||
| Q1 25 | — | 37.3% | ||
| Q4 24 | — | 39.7% | ||
| Q3 24 | — | 39.4% | ||
| Q2 24 | — | 39.9% | ||
| Q1 24 | — | 39.0% |
| Q4 25 | 19.1% | -4.6% | ||
| Q3 25 | 21.7% | -6.1% | ||
| Q2 25 | 21.5% | -6.3% | ||
| Q1 25 | 16.8% | -10.2% | ||
| Q4 24 | 21.7% | -7.8% | ||
| Q3 24 | 24.3% | -8.1% | ||
| Q2 24 | 19.7% | -11.5% | ||
| Q1 24 | 14.5% | -14.6% |
| Q4 25 | 16.3% | -4.5% | ||
| Q3 25 | 14.5% | -6.4% | ||
| Q2 25 | 20.3% | -16.3% | ||
| Q1 25 | 12.9% | -10.0% | ||
| Q4 24 | 16.9% | -6.7% | ||
| Q3 24 | 21.6% | -7.2% | ||
| Q2 24 | 11.6% | -10.3% | ||
| Q1 24 | 17.1% | -13.5% |
| Q4 25 | $5.15 | — | ||
| Q3 25 | $4.65 | — | ||
| Q2 25 | $6.12 | — | ||
| Q1 25 | $4.05 | — | ||
| Q4 24 | $4.65 | — | ||
| Q3 24 | $5.71 | — | ||
| Q2 24 | $2.43 | — | ||
| Q1 24 | $4.10 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $219.1M |
| Total DebtLower is stronger | $390.0M | — |
| Stockholders' EquityBook value | $934.0M | $275.6M |
| Total Assets | $4.3B | $703.7M |
| Debt / EquityLower = less leverage | 0.42× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $219.1M | ||
| Q3 25 | — | $224.5M | ||
| Q2 25 | — | $225.8M | ||
| Q1 25 | — | $231.4M | ||
| Q4 24 | — | $239.8M | ||
| Q3 24 | — | $234.0M | ||
| Q2 24 | — | $240.9M | ||
| Q1 24 | — | $253.8M |
| Q4 25 | $390.0M | — | ||
| Q3 25 | $390.6M | — | ||
| Q2 25 | $231.3M | — | ||
| Q1 25 | $231.7M | — | ||
| Q4 24 | $232.1M | — | ||
| Q3 24 | $237.5M | — | ||
| Q2 24 | $247.6M | — | ||
| Q1 24 | $253.0M | — |
| Q4 25 | $934.0M | $275.6M | ||
| Q3 25 | $918.7M | $272.0M | ||
| Q2 25 | $896.4M | $270.4M | ||
| Q1 25 | $893.7M | $309.9M | ||
| Q4 24 | $897.5M | $314.5M | ||
| Q3 24 | $889.0M | $315.2M | ||
| Q2 24 | $868.7M | $315.8M | ||
| Q1 24 | $871.7M | $320.4M |
| Q4 25 | $4.3B | $703.7M | ||
| Q3 25 | $3.9B | $698.9M | ||
| Q2 25 | $3.7B | $687.0M | ||
| Q1 25 | $3.7B | $690.1M | ||
| Q4 24 | $4.0B | $680.1M | ||
| Q3 24 | $3.6B | $678.2M | ||
| Q2 24 | $3.6B | $678.6M | ||
| Q1 24 | $3.5B | $692.5M |
| Q4 25 | 0.42× | — | ||
| Q3 25 | 0.43× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | 0.26× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.27× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | 0.29× | — |
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 | $-67.2M | $4.4M |
| Free Cash FlowOCF − Capex | $-74.1M | $-5.9M |
| FCF MarginFCF / Revenue | -35.6% | -3.0% |
| Capex IntensityCapex / Revenue | 3.3% | 5.3% |
| Cash ConversionOCF / Net Profit | -1.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $100.2M | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-67.2M | $4.4M | ||
| Q3 25 | $108.3M | $5.8M | ||
| Q2 25 | $75.8M | $-427.0K | ||
| Q1 25 | $-3.8M | $-3.7M | ||
| Q4 24 | $1.8M | $9.1M | ||
| Q3 24 | $69.1M | $-3.6M | ||
| Q2 24 | $70.0M | $-9.1M | ||
| Q1 24 | $-34.5M | $-11.7M |
| Q4 25 | $-74.1M | $-5.9M | ||
| Q3 25 | $106.9M | $-1.7M | ||
| Q2 25 | $74.2M | $-7.4M | ||
| Q1 25 | $-6.8M | $-9.2M | ||
| Q4 24 | $-3.8M | $4.5M | ||
| Q3 24 | $68.7M | $-8.4M | ||
| Q2 24 | $68.6M | $-13.5M | ||
| Q1 24 | $-36.5M | $-16.1M |
| Q4 25 | -35.6% | -3.0% | ||
| Q3 25 | 49.4% | -0.9% | ||
| Q2 25 | 35.2% | -4.5% | ||
| Q1 25 | -3.1% | -6.1% | ||
| Q4 24 | -1.6% | 3.1% | ||
| Q3 24 | 30.3% | -6.0% | ||
| Q2 24 | 30.6% | -10.2% | ||
| Q1 24 | -16.4% | -13.1% |
| Q4 25 | 3.3% | 5.3% | ||
| Q3 25 | 0.7% | 4.1% | ||
| Q2 25 | 0.7% | 4.3% | ||
| Q1 25 | 1.4% | 3.6% | ||
| Q4 24 | 2.4% | 3.1% | ||
| Q3 24 | 0.2% | 3.4% | ||
| Q2 24 | 0.6% | 3.3% | ||
| Q1 24 | 0.9% | 3.5% |
| Q4 25 | -1.99× | — | ||
| Q3 25 | 3.45× | — | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | -0.13× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 1.41× | — | ||
| Q2 24 | 2.69× | — | ||
| Q1 24 | -0.91× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
