LPL Financial Holdings (LPLA) Research & Development (2010 - 2026)
LPL Financial Holdings (LPLA) posted quarterly Research & Development of $23.5 million for Q1 2026, up 20.31% year-over-year from $19.5 million in Q1 2025, and up 7.34% on a QoQ basis from $21.9 million in Q4 2025.
LPL Financial Holdings (LPLA) Research & Development (2010 - 2026) Analysis & Trends
LPL Financial Holdings (LPLA) has reported Research & Development for 17 consecutive years, with $23.5 million the latest figure, recorded in 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 came in at $23.5 million for Q1 2026 at LPL Financial Holdings, 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.
- Across the five-year window, Research & Development fell 8.75% in 2024 and increased 28.71% in 2025, its largest moves.
- Year by year, Research & Development stood at $18.5 million in 2022, then dropped by 3.84% to $17.8 million in 2023, then gained by 5.38% to $18.8 million in 2024, then increased by 16.47% to $21.9 million in 2025, then gained by 7.34% to $23.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $23.5 million, $21.9 million, and $23.1 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 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 27.87 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 |