Open Lending LPRO
LPRO
$3.14 +0.00 (+0.00%)
At close: Aug 7, 2026 · 4:00 PM EDT

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

Open Lending's (LPRO) quarterly Research & Development came in at $2.9 million in Q1 2026, down 33.41% year-over-year from $4.4 million in Q1 2025, and up 3.04% quarter-over-quarter from $2.8 million in Q4 2025.

Analysis

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

Open Lending has disclosed Research & Development across 8 years of filings, most recently posting $2.9 million for Q1 2026.

  • In Q1 2026, Research & Development fell 33.41% year-over-year to $2.9 million; the TTM figure through Mar 2026 stood at $13.3 million (down 23.29% YoY), while the FY2025 annual figure was $14.8 million, down 14.04% from the prior year.
  • Research & Development came in at $2.9 million for Q1 2026 at Open Lending, up from $2.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $6.0 million in Q3 2022 to a low of $2.8 million in Q4 2025.
  • Average Research & Development over 5 years is $4.1 million, with a median of $4.1 million recorded in 2024.
  • Year-over-year, Research & Development soared 80.8% in 2022 and tumbled 33.41% in 2026.
  • Over 5 years, Research & Development stood at $4.1 million in 2022, then advanced by 4.85% to $4.3 million in 2023, then declined by 8.99% to $4.0 million in 2024, then slipped by 28.45% to $2.8 million in 2025, then advanced by 3.04% to $2.9 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $2.9 million in Q1 2026, $2.8 million in Q4 2025, and $3.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 114.51 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 17.35 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - 58.49 Mn
4 FinVolution 836.54 Mn -90.46 Mn - -17.53 Mn
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn -
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 2.92 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 8.68 Mn
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn -21.62 Mn
9 Jiayin 76.25 Mn 2.23 Mn - -13.89 Mn
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 1.35 Mn
Historic Data

Historic Data

Download Data
DateValue
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