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盈透证券（IBKR）与Virtu Financial, Inc.（VIRT）财务数据对比。点击上方公司名可切换其他公司
盈透证券的季度营收约是Virtu Financial, Inc.的10.6倍（$1.7B vs $157.4M）。Virtu Financial, Inc.净利率更高（88.9% vs 70.2%，领先18.7%）。盈透证券同比增速更快（17.0% vs 12.1%）。过去两年盈透证券的营收复合增速更高（87.6% vs 15.2%）
盈透证券集团是总部位于美国康涅狄格州格林威治的跨国经纪机构，运营着美国日均营收交易量最高的电子交易平台，2024年日均处理交易达260万笔。作为全球最大的外汇市场经纪商，同时也是头部主经纪商之一，服务商品经纪机构，可提供股票、期权、期货等多品类资产的经纪服务。
Virtu Financial, Inc.是一家总部位于美国的高频交易企业，专注于金融市场的自动化交易业务，拥有行业领先的交易技术研发与落地能力，于2015年在纳斯达克证券交易所正式挂牌上市。
IBKR vs VIRT — 直观对比
营收规模更大
IBKR
是对方的10.6倍
$157.4M
营收增速更快
IBKR
高出4.9%
12.1%
净利率更高
VIRT
高出18.7%
70.2%
两年增速更快
IBKR
近两年复合增速
15.2%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $157.4M |
| 净利润 | $1.2B | $139.9M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 70.2% | 88.9% |
| 营收同比 | 17.0% | 12.1% |
| 净利润同比 | 21.5% | 48.7% |
| 每股收益（稀释后） | $0.59 | $1.54 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IBKRVIRT
| Q1 26 | $1.7B | — | ||
| Q4 25 | $667.0M | $157.4M | ||
| Q3 25 | $603.0M | $154.5M | ||
| Q2 25 | $578.0M | $153.9M | ||
| Q1 25 | $592.0M | $151.3M | ||
| Q4 24 | $558.0M | $140.4M | ||
| Q3 24 | $507.0M | $131.6M | ||
| Q2 24 | $474.0M | $126.1M |
净利润IBKRVIRT
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $139.9M | ||
| Q3 25 | $1.2B | $77.6M | ||
| Q2 25 | $1.0B | $151.2M | ||
| Q1 25 | $964.0M | $99.7M | ||
| Q4 24 | $969.0M | $94.1M | ||
| Q3 24 | $834.0M | $60.0M | ||
| Q2 24 | $809.0M | $66.6M |
净利率IBKRVIRT
| Q1 26 | 70.2% | — | ||
| Q4 25 | 180.1% | 88.9% | ||
| Q3 25 | 196.7% | 50.3% | ||
| Q2 25 | 174.0% | 98.3% | ||
| Q1 25 | 162.8% | 65.9% | ||
| Q4 24 | 173.7% | 67.0% | ||
| Q3 24 | 164.5% | 45.5% | ||
| Q2 24 | 170.7% | 52.8% |
每股收益（稀释后）IBKRVIRT
| Q1 26 | $0.59 | — | ||
| Q4 25 | $-0.82 | $1.54 | ||
| Q3 25 | $0.59 | $0.86 | ||
| Q2 25 | $0.51 | $1.65 | ||
| Q1 25 | $1.94 | $1.08 | ||
| Q4 24 | $2.00 | $1.03 | ||
| Q3 24 | $1.67 | $0.64 | ||
| Q2 24 | $1.65 | $0.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $5.1B | $1.1B |
| 总债务越低越好 | $12.0M | $2.0B |
| 股东权益账面价值 | $5.6B | $1.6B |
| 总资产 | $218.7B | $20.2B |
| 负债/权益比越低杠杆越低 | 0.00× | 1.29× |
8季度趋势，按日历期对齐
现金及短期投资IBKRVIRT
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.0B | $1.1B | ||
| Q3 25 | $5.1B | $707.9M | ||
| Q2 25 | $4.7B | $752.1M | ||
| Q1 25 | $3.5B | $723.6M | ||
| Q4 24 | $3.6B | $872.5M | ||
| Q3 24 | $3.6B | $701.4M | ||
| Q2 24 | $3.9B | $684.8M |
总债务IBKRVIRT
| Q1 26 | $12.0M | — | ||
| 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 |
股东权益IBKRVIRT
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.4B | $1.6B | ||
| Q3 25 | $5.1B | $1.5B | ||
| Q2 25 | $4.8B | $1.4B | ||
| Q1 25 | $4.5B | $1.3B | ||
| Q4 24 | $4.3B | $1.3B | ||
| Q3 24 | $4.1B | $1.2B | ||
| Q2 24 | $3.9B | $1.2B |
总资产IBKRVIRT
| Q1 26 | $218.7B | — | ||
| Q4 25 | $203.2B | $20.2B | ||
| Q3 25 | $200.2B | $21.3B | ||
| Q2 25 | $181.5B | $19.3B | ||
| Q1 25 | $157.7B | $17.5B | ||
| Q4 24 | $150.1B | $15.4B | ||
| Q3 24 | $148.5B | $14.4B | ||
| Q2 24 | $136.6B | $13.9B |
负债/权益比IBKRVIRT
| Q1 26 | 0.00× | — | ||
| 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× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $509.4M |
| 自由现金流经营现金流 - 资本支出 | — | $505.5M |
| 自由现金流率自由现金流/营收 | — | 321.2% |
| 资本支出强度资本支出/营收 | — | 2.5% |
| 现金转化率经营现金流/净利润 | — | 3.64× |
| 过去12个月自由现金流最近4个季度 | — | $495.6M |
8季度趋势，按日历期对齐
经营现金流IBKRVIRT
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $509.4M | ||
| Q3 25 | $4.5B | $-68.7M | ||
| Q2 25 | $7.1B | $62.8M | ||
| Q1 25 | $2.6B | $15.0M | ||
| Q4 24 | $1.8B | $391.5M | ||
| Q3 24 | $3.6B | $112.1M | ||
| Q2 24 | $1.6B | $490.8M |
自由现金流IBKRVIRT
| Q1 26 | — | — | ||
| Q4 25 | — | $505.5M | ||
| Q3 25 | — | $-76.7M | ||
| Q2 25 | — | $57.6M | ||
| Q1 25 | — | $9.2M | ||
| Q4 24 | — | $391.3M | ||
| Q3 24 | — | $106.2M | ||
| Q2 24 | — | $486.9M |
自由现金流率IBKRVIRT
| Q1 26 | — | — | ||
| Q4 25 | — | 321.2% | ||
| Q3 25 | — | -49.7% | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 278.6% | ||
| Q3 24 | — | 80.7% | ||
| Q2 24 | — | 386.1% |
资本支出强度IBKRVIRT
| Q1 26 | — | — | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 5.2% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | — | 3.1% |
现金转化率IBKRVIRT
| Q1 26 | — | — | ||
| Q4 25 | 1.34× | 3.64× | ||
| Q3 25 | 3.78× | -0.89× | ||
| Q2 25 | 7.10× | 0.42× | ||
| Q1 25 | 2.68× | 0.15× | ||
| Q4 24 | 1.90× | 4.16× | ||
| Q3 24 | 4.29× | 1.87× | ||
| Q2 24 | 2.00× | 7.37× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IBKR
暂无分部数据
VIRT
| IE | $106.7M | 68% |
| Workflow Technology | $23.5M | 15% |
| Transferred Over Time | $18.5M | 12% |
| Market Making Segment | $9.4M | 6% |
