LPL Financial Holdings (LPLA) Research & Development (2010 - 2026)
LPL Financial Holdings (LPLA) recorded quarterly Research & Development of $23.5 million in Q1 2026, up 7.34% quarter-over-quarter from $21.9 million in Q4 2025, and up 20.31% on a YoY basis from $19.5 million in Q1 2025.
LPL Financial Holdings (LPLA) Research & Development (2010 - 2026) Analysis & Trends
LPL Financial Holdings' Research & Development history runs 17 years deep, the most recent figure standing at $23.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 20.31% year-over-year to $23.5 million; the TTM figure through Mar 2026 stood at $89.8 million (up 18.79% YoY), while the FY2025 annual figure was $85.8 million, up 13.2% from the prior year.
- Research & Development was $23.5 million for Q1 2026 at LPL Financial Holdings, up from $21.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $23.5 million in Q1 2026 to a low of $15.1 million in Q1 2022.
- Historically, Research & Development has averaged $19.3 million across 5 years, with a median of $19.4 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Research & Development slipped 8.75% in 2024, then advanced 28.71% in 2025.
- A 5-year view of Research & Development shows it stood at $18.5 million in 2022, then retreated by 3.84% to $17.8 million in 2023, then grew by 5.38% to $18.8 million in 2024, then advanced by 16.47% to $21.9 million in 2025, then grew 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 1.15 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 583.00 Mn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 241.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 23.47 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 39.55 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | - |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |