Virtu Financial (VIRT) Research & Development (2014 - 2026)

Virtu Financial (VIRT) posted quarterly Research & Development of $69.7 million for Q2 2026, up 13.47% year-over-year from $61.4 million in Q2 2025, and up 4.24% on a QoQ basis from $66.9 million in Q1 2026.

Virtu Financial (VIRT) Research & Development (2014 - 2026) Analysis & Trends

Virtu Financial has reported Research & Development for 13 years, with the latest figure at $69.7 million in Q2 2026.

  • Research & Development for Q2 2026 came in at $69.7 million, up 13.47% year-over-year; the trailing twelve-month figure through Jun 2026 was $264.6 million (up 10.15% YoY), and the FY2025 annual result was $249.2 million, up 5.4% from the prior year.
  • Research & Development grew to $69.7 million in Q2 2026, from $66.9 million in the prior quarter.
  • Over five years, Research & Development peaked at $69.7 million in Q2 2026 and troughed at $52.9 million in Q3 2022.
  • A 5-year average of $59.6 million and a median of $59.3 million in 2024 frame the typical range for Research & Development.
  • The widest annual swing landed in 2022, when Research & Development decreased 4.89%; it then gained 13.47% in 2026.
  • A 5-year view of Research & Development shows it stood at $55.1 million in 2022, then rose by 8.82% to $59.9 million in 2023, then retreated by 0.98% to $59.3 million in 2024, then grew by 9.87% to $65.2 million in 2025, then advanced by 6.93% to $69.7 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $69.7 million in Q2 2026, $66.9 million in Q1 2026, and $65.2 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 1.20 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 635.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 256.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.20 Mn
10 Virtu Financial 4.99 Bn 4.38 Bn - 69.71 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 69.71 Mn
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