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
DateValue
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