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
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