Virtu Financial (VIRT) Research & Development (2014 - 2026)
Virtu Financial (VIRT) posted quarterly Research & Development of $66.9 million for Q1 2026, up 11.83% year-over-year from $59.8 million in Q1 2025, and up 2.58% on a QoQ basis from $65.2 million in Q4 2025.
Virtu Financial (VIRT) Research & Development (2014 - 2026) Analysis & Trends
Virtu Financial (VIRT) has reported Research & Development for 13 consecutive years, with $66.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 11.83% year-over-year to $66.9 million; the TTM figure through Mar 2026 stood at $256.3 million (up 7.65% YoY), while the FY2025 annual figure was $249.2 million, up 5.4% from the prior year.
- Research & Development came in at $66.9 million for Q1 2026 at Virtu Financial, up from $65.2 million in the prior quarter.
- The five-year high for Research & Development was $66.9 million in Q1 2026, with the low at $52.9 million in Q3 2022.
- Average Research & Development over 5 years is $59.0 million, with a median of $59.3 million recorded in 2024.
- Across the five-year window, Research & Development decreased 4.89% in 2022 and rose 11.83% in 2026, its largest moves.
- Year by year, Research & Development stood at $55.1 million in 2022, then grew by 8.82% to $59.9 million in 2023, then declined by 0.98% to $59.3 million in 2024, then advanced by 9.87% to $65.2 million in 2025, then advanced by 2.58% to $66.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $66.9 million, $65.2 million, and $62.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.15 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 583.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -65.09 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 241.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 23.47 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 39.55 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | Virtu Financial | 5.32 Bn | 4.80 Bn | - | 66.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.88 Mn |
| Dec 31, 2025 | 65.20 Mn |
| Sep 30, 2025 | 62.77 Mn |
| Jun 30, 2025 | 61.44 Mn |
| Mar 31, 2025 | 59.80 Mn |
| Dec 31, 2024 | 59.34 Mn |
| Sep 30, 2024 | 59.60 Mn |
| Jun 30, 2024 | 59.33 Mn |
| Mar 31, 2024 | 58.18 Mn |
| Dec 31, 2023 | 59.92 Mn |
| Sep 30, 2023 | 57.07 Mn |
| Jun 30, 2023 | 56.96 Mn |
| Mar 31, 2023 | 56.81 Mn |
| Dec 31, 2022 | 55.06 Mn |
| Sep 30, 2022 | 52.91 Mn |
| Jun 30, 2022 | 55.70 Mn |
| Mar 31, 2022 | 55.84 Mn |
| Dec 31, 2021 | 52.16 Mn |
| Sep 30, 2021 | 55.63 Mn |
| Jun 30, 2021 | 52.51 Mn |