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Virtu Financial VIRT Payments to Develop Software

Payments to Develop Software at other companies

Virtu Financial logo
Virtu FinancialVIRT
$26.04M+8.8%
ServiceTitan, Inc. logo
ServiceTitan, Inc.TTAN
$6.66M+3.0%
SentinelOne logo
SentinelOneS
$7.35M+10.0%
AppFolio logo
AppFolioAPPF
$1.3M+105%
Sezzle logo
SezzleSEZL
$738K+163%
Navan, Inc.
 logo
Navan, Inc. NAVN
$4.65M+18.3%

Other financials

Income statement

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Revenue$1.1B+30.7%
Net income$182.3M+82.9%
EPS (diluted)$1.99+84.3%

Balance sheet

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Cash & equivalents$1.0B+33.6%
Total debt$2.3B+15.8%
Total equity$1.7B+32.5%
Total assets$25.1B+43.1%

Cash flow

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Operating cash flow-$149.0K-101%
CapEx$5.6M-2.2%
Free cash flow-$5.8M-162%

Valuation

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Market cap$5.49B+15.4%
Enterprise value$6.76B+12.4%
P/E10×-4.9×
P/S1.4×-0.1×

Profitability

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Net margin14.2%+3.7pp
FCF margin12.4%-20.0pp

Returns & leverage

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Return on equity36.2%+10.8pp
Debt / equity1.3×-0.2×

Where this comes from

Reported directly by Virtu Financial in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.

The official record: Virtu Financial’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virtu Financial's payments to develop software?
Virtu Financial (VIRT) reported payments to develop software of $26.04M in Q1 2026.
How has Virtu Financial's payments to develop software changed year-over-year?
Virtu Financial's payments to develop software increased by 8.8% year-over-year, from $23.93M to $26.04M.
What is the long-term trend for Virtu Financial's payments to develop software?
Over 4 years (2021 to 2025), Virtu Financial's payments to develop software has grown at a 3.5% compound annual growth rate (CAGR), from $35.51M to $40.7M.
What does payments to develop software mean?
Represents cash outflows directed toward the internal development or enhancement of proprietary software and technology platforms. This is a key indicator of a firm's investment in innovation and its long-term competitive positioning in technology-driven markets.