Open Lending (LPRO) Research & Development (2019 - 2026)
Open Lending (LPRO) posted Research & Development of $1.8 million for Q1 2026, down 77.82% sequentially from $8.0 million in Q4 2025, and down 22.06% YoY from $2.3 million in Q1 2025.
Analysis
Open Lending (LPRO) Research & Development (2019 - 2026) Analysis & Trends
Open Lending has reported Research & Development for 8 years, with the latest figure 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 $17.3 million (up 13.42% YoY) and the FY2025 annual result came in at $14.8 million, down 14.04% from the prior year.
- Research & Development eased to $1.8 million in Q1 2026 per LPRO's latest filing, from $8.0 million in the prior quarter.
- Over five years, Research & Development peaked at $8.0 million in Q4 2025 and troughed at -$5.5 million in Q4 2022.
- A 5-year average of $3.2 million and a median of $4.0 million in 2022 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 416.69% in 2022, down 419.94% in 2022.
- Over 5 years, Research & Development stood at -$5.5 million in 2022, then jumped by 179.03% to $4.3 million in 2023, then retreated by 8.99% to $4.0 million in 2024, then soared by 101.31% to $8.0 million in 2025, then slumped by 77.82% to $1.8 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.8 million, $8.0 million, and $3.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 280.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 1.76 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 489.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 849.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 92.40 Mn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 248.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 392.40 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | - |
| 10 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 2.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.92 Mn |
| Dec 31, 2025 | 2.83 Mn |
| Sep 30, 2025 | 3.44 Mn |
| Jun 30, 2025 | 4.15 Mn |
| Mar 31, 2025 | 4.38 Mn |
| Dec 31, 2024 | 3.96 Mn |
| Sep 30, 2024 | 4.90 Mn |
| Jun 30, 2024 | 4.15 Mn |
| Mar 31, 2024 | 4.21 Mn |
| Dec 31, 2023 | 4.35 Mn |
| Sep 30, 2023 | 4.51 Mn |
| Jun 30, 2023 | 4.22 Mn |
| Mar 31, 2023 | 4.41 Mn |
| Dec 31, 2022 | 4.15 Mn |
| Sep 30, 2022 | 5.98 Mn |
| Jun 30, 2022 | 3.99 Mn |
| Mar 31, 2022 | 3.73 Mn |
| Dec 31, 2021 | 3.34 Mn |
| Sep 30, 2021 | 3.31 Mn |
| Jun 30, 2021 | 2.95 Mn |