Growth Metrics

LPL Financial Holdings (LPLA) Research & Development (2010 - 2026)

LPL Financial Holdings' quarterly Research & Development came in at $23.5 million in Q1 2026, up 20.31% year-on-year from $19.5 million in Q1 2025, and up 7.34% quarter-over-quarter from $21.9 million in Q4 2025.

LPL Financial Holdings has reported Research & Development for 17 years, with the latest figure at $23.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 20.31% year-over-year to $23.5 million; the trailing twelve-month figure through Mar 2026 stood at $89.8 million (up 18.79% YoY), and the FY2025 full-year result was $85.8 million, up 13.2% from the prior year.
  • Research & Development for Q1 2026 stood at $23.5 million, up from $21.9 million in the prior quarter.
  • The five-year high for Research & Development was $23.5 million in Q1 2026, with the low at $15.1 million in Q1 2022.
  • Average Research & Development over 5 years is $19.3 million, with a median of $19.4 million recorded in 2024.
  • Year-over-year, Research & Development declined 8.75% in 2024 and grew 28.71% in 2025.
  • Tracing LPLA's Research & Development over 5 years: stood at $18.5 million in 2022, then decreased by 3.84% to $17.8 million in 2023, then increased by 5.38% to $18.8 million in 2024, then climbed by 16.47% to $21.9 million in 2025, then increased by 7.34% to $23.5 million in 2026.
  • The last three Research & Development figures came in at $23.5 million (Q1 2026), $21.9 million (Q4 2025), and $23.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 1.15 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 583.00 Mn
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 241.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 23.47 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 39.55 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 23.47 Mn
Dec 31, 2025 21.86 Mn
Sep 30, 2025 23.06 Mn
Jun 30, 2025 21.42 Mn
Mar 31, 2025 19.51 Mn
Dec 31, 2024 18.77 Mn
Sep 30, 2024 17.92 Mn
Jun 30, 2024 19.41 Mn
Mar 31, 2024 19.74 Mn
Dec 31, 2023 17.81 Mn
Sep 30, 2023 19.63 Mn
Jun 30, 2023 20.59 Mn
Mar 31, 2023 17.68 Mn
Dec 31, 2022 18.53 Mn
Sep 30, 2022 17.81 Mn
Jun 30, 2022 16.22 Mn
Mar 31, 2022 15.13 Mn
Dec 31, 2021 15.55 Mn
Sep 30, 2021 17.82 Mn
Jun 30, 2021 14.93 Mn
Mar 31, 2021 11.99 Mn
Dec 31, 2020 14.66 Mn
Sep 30, 2020 12.55 Mn
Jun 30, 2020 14.36 Mn
Mar 31, 2020 10.84 Mn
Dec 31, 2019 12.47 Mn
Sep 30, 2019 12.54 Mn
Jun 30, 2019 12.53 Mn
Mar 31, 2019 12.33 Mn
Dec 31, 2018 11.78 Mn
Sep 30, 2018 12.33 Mn
Jun 30, 2018 11.04 Mn
Mar 31, 2018 11.17 Mn
Dec 31, 2017 12.42 Mn
Sep 30, 2017 10.87 Mn
Jun 30, 2017 10.65 Mn
Mar 31, 2017 11.01 Mn
Dec 31, 2016 12.65 Mn
Sep 30, 2016 10.33 Mn
Jun 30, 2016 10.97 Mn
Mar 31, 2016 10.50 Mn
Dec 31, 2015 12.90 Mn
Sep 30, 2015 11.25 Mn
Jun 30, 2015 11.11 Mn
Mar 31, 2015 11.61 Mn
Dec 31, 2014 11.23 Mn
Sep 30, 2014 11.48 Mn
Jun 30, 2014 10.46 Mn
Mar 31, 2014 10.66 Mn
Dec 31, 2013 11.67 Mn
Sep 30, 2013 11.02 Mn
Jun 30, 2013 10.89 Mn
Mar 31, 2013 9.49 Mn
Dec 31, 2012 10.58 Mn
Sep 30, 2012 10.25 Mn
Jun 30, 2012 9.80 Mn
Mar 31, 2012 8.90 Mn
Dec 31, 2011 9.87 Mn
Sep 30, 2011 9.24 Mn
Jun 30, 2011 8.91 Mn
Mar 31, 2011 8.68 Mn
Dec 31, 2010 9.86 Mn
Sep 30, 2010 7.69 Mn
Jun 30, 2010 3.22 Mn