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SEI Investments SEIC Investment Managers — Capitalized software development costs

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Other financials

Income statement

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Revenue$622.2M+12.8%
Operating income$189.5M+20.6%
Net income$174.5M+15.2%
EPS (diluted)$1.40+19.7%

Balance sheet

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Cash & equivalents$363.1M-48.9%
Total debt$69.5M+145%
Total equity$2.5B+8.5%
Total assets$396.9M-84.5%

Cash flow

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Operating cash flow$221.6M+51.3%
CapEx$6.4M-26.0%
Free cash flow$215.2M+56.1%

Valuation

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Market cap$10.76B-2.7%
Enterprise value$10.46B+1.4%
P/E14.6×-3.8×
P/S4.5×-0.6×

Profitability

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Operating margin27.9%+0.9pp
Net margin31.2%+3.4pp
FCF margin28%-1.1pp

Returns & leverage

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Return on equity31.4%+4.7pp
Debt / equity0.0×
Current ratio4.5×-1.1×

Where this comes from

Reported directly by SEI Investments in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedComputerSoftwareAdditions.

The official record: SEI Investments’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SEI Investments's investment managers — capitalized software development costs?
SEI Investments (SEIC) reported investment managers — capitalized software development costs of $1.57M in Q1 2026.
How has SEI Investments's investment managers — capitalized software development costs changed year-over-year?
SEI Investments's investment managers — capitalized software development costs decreased by 47.3% year-over-year, from $2.99M to $1.57M.
What is the long-term trend for SEI Investments's investment managers — capitalized software development costs?
Over 2 years (2023 to 2025), SEI Investments's investment managers — capitalized software development costs has grown at a -17.4% compound annual growth rate (CAGR), from $15.78M to $10.77M.
What does investment managers — capitalized software development costs mean?
The amount of software development spending treated as a long-term asset instead of a current expense.
How do you interpret investment managers — capitalized software development costs?
Higher capitalization may indicate significant long-term product development, while lower levels suggest a shift toward maintenance or expensing.
How does investment managers — capitalized software development costs compare across companies?
Common in fintech and asset management firms that build proprietary trading or administration platforms.