SEI Investments SEIC Investment Managers — Capitalized software development costs
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Where this comes from
Reported directly by SEI Investments in its filing.
Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsGross.
The source filing: SEI Investments’s 10-Q, filed July 27, 2026.
- Filed
- Jul 27, 2026, 3:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000350894-26-000048
The Company also capitalized $3,676 and $5,615 of software development costs during the six months ended June 30, 2026 and 2025, respectively, related to the development of a new platform for the Investment Managers segment. The Company placed the platform into service during the third quarter 2025. The net book value of the platform at June 30, 2026 was $40,685, which includes $3,676 of capitalized software development costs in-progress associated with future releases. As of June 30, 2026, the platform has a weighted average useful life of 6.1 years. Amortization expense for the platform was $3,016 during the six months ended June 30, 2026.
Item 1. Financial Statements.
FAQ
- What is SEI Investments's investment managers — capitalized software development costs?
- SEI Investments (SEIC) reported investment managers — capitalized software development costs of $3.68M in Q2 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 34.5% year-over-year, from $5.62M to $3.68M.
- 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 -6.6% compound annual growth rate (CAGR), from $15.78M to $13.76M.
- What does investment managers — capitalized software development costs mean?
- Represents the portion of internal software development expenditures that are capitalized as intangible assets rather than expensed immediately. This reflects the investment in long-term technology platforms and proprietary systems intended to generate future economic benefits for the investment management segment.
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