Virtu Financial (VIRT) Research & Development (2014 - 2026)
Virtu Financial (VIRT) recorded quarterly Research & Development of $66.9 million in Q1 2026, up 2.58% quarter-over-quarter from $65.2 million in Q4 2025, and up 11.83% on a YoY basis from $59.8 million in Q1 2025.
Virtu Financial (VIRT) Research & Development (2014 - 2026) Analysis & Trends
Virtu Financial's Research & Development history runs 13 years deep, the most recent figure standing at $66.9 million for 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 was $66.9 million for Q1 2026 at Virtu Financial, up from $65.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $66.9 million in Q1 2026 to a low of $52.9 million in Q3 2022.
- Historically, Research & Development has averaged $59.0 million across 5 years, with a median of $59.3 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Research & Development declined 4.89% in 2022, then climbed 11.83% in 2026.
- A 5-year view of Research & Development shows it stood at $55.1 million in 2022, then gained by 8.82% to $59.9 million in 2023, then decreased by 0.98% to $59.3 million in 2024, then increased by 9.87% to $65.2 million in 2025, then increased by 2.58% to $66.9 million in 2026.
- The last three Research & Development figures came in at $66.9 million (Q1 2026), $65.2 million (Q4 2025), and $62.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 1.15 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 583.00 Mn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 241.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 23.47 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 39.55 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | - |
| 10 | Virtu Financial | 4.56 Bn | 4.05 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 |