What is LPL Financial Holdings's capitalized software?

LPL Financial Holdings (LPLA) reported capitalized software of $201.68M in Q4 2025.

What is the long-term trend for LPL Financial Holdings's capitalized software?

Over 3 years (2022 to 2025), LPL Financial Holdings's capitalized software has grown at a 41.7% compound annual growth rate (CAGR), from $70.91M to $201.68M.

What does capitalized software mean?

The future tax liability arising from the difference between accounting and tax treatment of software development costs.

Discontinued — last reported Q4 '23

Other

Capitalized software

LPL Financial Holdings Capitalized software increased by 368.4% to $201.68M in Q4 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Capitalized software shows an upward trend with a 41.7% CAGR.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ4 2021

Last reportedQ4 2023

How to read this metric

An increase reflects ongoing investment in technology that is being capitalized for book purposes but expensed differently for tax.

Detailed definition

This metric tracks the deferred tax liabilities associated with capitalized software development costs. It accounts for...

Peer comparison

Increasingly common as insurance companies invest heavily in digital transformation and proprietary underwriting platforms.

Metric ID: other_deferred_tax_liabilities_deferred_expense_capitali_6fc2ec

Historical Data

4 periods

	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$70.91M	$58.02M	$43.05M	$201.68M
QoQ Change	—	-18.2%	-25.8%	+368.4%
YoY Change	—	-18.2%	-25.8%	+368.4%

Range$43.05M – $201.68M

Avg YoY Growth+108.2%

Median YoY Growth-18.2%

Frequently Asked Questions

What is LPL Financial Holdings's capitalized software?: LPL Financial Holdings (LPLA) reported capitalized software of $201.68M in Q4 2025.
What is the long-term trend for LPL Financial Holdings's capitalized software?: Over 3 years (2022 to 2025), LPL Financial Holdings's capitalized software has grown at a 41.7% compound annual growth rate (CAGR), from $70.91M to $201.68M.
What does capitalized software mean?: The future tax liability arising from the difference between accounting and tax treatment of software development costs.