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

Open Lending's (LPRO) quarterly Research & Development came in at $1.8 million in Q1 2026, down 22.06% year-on-year from $2.3 million in Q1 2025, and down 9.15% quarter-over-quarter from $1.9 million in Q4 2025.

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

Open Lending has disclosed Research & Development across 8 years of filings, most recently posting $1.8 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $1.8 million, down 22.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.3 million (up 57.66% YoY), and the FY2025 annual result was $8.8 million, up 96.71% from the prior year.
  • Research & Development came in at $1.8 million for Q1 2026 at Open Lending, down from $1.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $2.5 million in Q2 2025 to a low of $861000.0 in Q4 2024.
  • The 5-year median for Research & Development is $1.8 million (2026), against an average of $1.7 million.
  • Across the five-year window, Research & Development soared 208.46% in 2022 and sank 48.45% in 2023, its largest moves.
  • Open Lending's Research & Development stood at $1.8 million in 2022, then decreased by 18.43% to $1.5 million in 2023, then tumbled by 42.6% to $861000.0 in 2024, then jumped by 125.9% to $1.9 million in 2025, then dropped by 9.15% to $1.8 million in 2026.
  • The last three Research & Development figures came in at $1.8 million (Q1 2026), $1.9 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 260.00 Mn
2 Mastercard 437.55 Bn 427.34 Bn - -
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 1.59 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 496.00 Mn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 793.00 Mn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 262.00 Mn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn -
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 187.68 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -
10 Open Lending 248.51 Mn 248.51 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