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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 280.00 Mn
2 Mastercard 506.53 Bn 493.04 Bn - -
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 1.76 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 489.00 Mn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 849.00 Mn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 248.00 Mn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 72.85 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 335.54 Mn
10 Open Lending 402.54 Mn 217.59 Mn 15.64 Mn 1.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.77 Mn
Dec 31, 2025 7.97 Mn
Sep 30, 2025 3.44 Mn
Jun 30, 2025 4.15 Mn
Mar 31, 2025 2.27 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 1.72 Mn
Jun 30, 2023 1.13 Mn
Mar 31, 2023 4.41 Mn
Dec 31, 2022 -5.50 Mn
Sep 30, 2022 5.98 Mn
Jun 30, 2022 3.99 Mn
Mar 31, 2022 1.82 Mn
Dec 31, 2021 1.72 Mn
Sep 30, 2021 3.31 Mn
Jun 30, 2021 773,000.00