Investing
Payments for Software
Northern Trust Payments for Software increased by 22.1% to $210.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.8%, from $171.10M to $210.10M. Over 4 years (FY 2021 to FY 2025), Payments for Software shows an upward trend with a 13.7% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Increasing investment signals a focus on digital transformation and operational scalability, whereas declining investment may suggest a mature or under-invested tech stack.
Detailed definition
Cash outflows dedicated to the purchase, development, or licensing of internal-use software and digital infrastructure....
Peer comparison
Commonly reported by financial services firms as part of capital expenditures or separate intangible asset investments.
Metric ID:
ge_payments_for_softwareHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $74.50M | $109.40M | $140.90M | $123.20M | $146.80M | $155.20M | $169.70M | $117.60M | $151.30M | $143.90M | $146.50M | $113.50M | $161.50M | $183.20M | $185.80M | $171.10M | $205.10M | $151.90M | $172.10M | $210.10M |
| QoQ Change | — | +46.8% | +28.8% | -12.6% | +19.2% | +5.7% | +9.3% | -30.7% | +28.7% | -4.9% | +1.8% | -22.5% | +42.3% | +13.4% | +1.4% | -7.9% | +19.9% | -25.9% | +13.3% | +22.1% |
| YoY Change | — | — | — | — | +97.0% | +41.9% | +20.4% | -4.5% | +3.1% | -7.3% | -13.7% | -3.5% | +6.7% | +27.3% | +26.8% | +50.7% | +27.0% | -17.1% | -7.4% | +22.8% |
Range$74.50M – $210.10M
CAGR+24.4%
Avg YoY Growth+16.9%
Median YoY Growth+13.6%
Current Streak2 quarters growth
Payments for Software at Other Companies
Frequently Asked Questions
- What is Northern Trust's payments for software?
- Northern Trust (NTRS) reported payments for software of $210.10M in Q1 2026.
- How has Northern Trust's payments for software changed year-over-year?
- Northern Trust's payments for software increased by 22.8% year-over-year, from $171.10M to $210.10M.
- What is the long-term trend for Northern Trust's payments for software?
- Over 4 years (2021 to 2025), Northern Trust's payments for software has grown at a 13.7% compound annual growth rate (CAGR), from $419.60M to $700.20M.
- What does payments for software mean?
- Cash spent on developing or acquiring software systems.