Virtu Financial VIRT Payments To Develop Software
Payments To Develop Software at other companies
Other financials
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?
- The total cash expenditure directed toward the internal development or enhancement of proprietary software and trading platforms. For technology-driven financial firms, this is a proxy for investment in competitive advantage and operational efficiency. Higher spending typically indicates a commitment to upgrading trading infrastructure and algorithmic capabilities.