Open Lending (LPRO) Research & Development (2019 - 2026)

Open Lending (LPRO) posted Research & Development of $1.8 million for Q1 2026, down 9.15% sequentially from $1.9 million in Q4 2025, and down 22.06% YoY from $2.3 million in Q1 2025.

Open Lending (LPRO) Research & Development (2019 - 2026) Analysis & Trends

Open Lending (LPRO) has 8 years of Research & Development data on file, last reported at $1.8 million in Q1 2026.

  • Quarterly Research & Development fell 22.06% year-over-year to $1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.3 million (up 57.66% YoY) and the FY2025 annual result came in at $8.8 million, up 96.71% from the prior year.
  • Research & Development eased to $1.8 million in Q1 2026 per LPRO's latest filing, from $1.9 million in the prior quarter.
  • The five-year high for Research & Development was $2.5 million in Q2 2025, with the low at $861000.0 in Q4 2024.
  • Average Research & Development over 5 years is $1.7 million, with a median of $1.8 million recorded in 2026.
  • Year-over-year, Research & Development jumped 208.46% in 2022 and tumbled 48.45% in 2023.
  • Open Lending's Research & Development stood at $1.8 million in 2022, then declined by 18.43% to $1.5 million in 2023, then plunged by 42.6% to $861000.0 in 2024, then jumped by 125.9% to $1.9 million in 2025, then retreated by 9.15% to $1.8 million in 2026.
  • Business Quant data shows LPRO's Research & Development at $1.8 million in Q1 2026, $1.9 million in Q4 2025, and $2.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 260.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.59 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 793.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 187.68 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -20.39 Mn
10 Open Lending 366.29 Mn 181.34 Mn 15.64 Mn 1.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.77 Mn
Dec 31, 2025 1.95 Mn
Sep 30, 2025 2.05 Mn
Jun 30, 2025 2.52 Mn
Mar 31, 2025 2.27 Mn
Dec 31, 2024 861,000.00
Sep 30, 2024 992,000.00
Jun 30, 2024 1.13 Mn
Mar 31, 2024 1.48 Mn
Dec 31, 2023 1.50 Mn
Sep 30, 2023 1.72 Mn
Jun 30, 2023 1.13 Mn
Mar 31, 2023 1.23 Mn
Dec 31, 2022 1.84 Mn
Sep 30, 2022 2.36 Mn
Jun 30, 2022 2.19 Mn
Mar 31, 2022 1.82 Mn
Dec 31, 2021 1.72 Mn
Sep 30, 2021 1.27 Mn
Jun 30, 2021 773,000.00