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| Date | Value |
|---|---|
| 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 |