Open Lending (LPRO) Research & Development (2019 - 2026)
Open Lending (LPRO) posted Research & Development of $1.8 million for Q1 2026, down 9.15% sequentially from $1.9 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 (LPRO) has 8 years of Research & Development data on file, last reported 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 $8.3 million (up 57.66% YoY) and the FY2025 annual result came in at $8.8 million, up 96.71% from the prior year.
- Research & Development eased to $1.8 million in Q1 2026 per LPRO's latest filing, from $1.9 million in the prior quarter.
- The five-year high for Research & Development was $2.5 million in Q2 2025, with the low at $861000.0 in Q4 2024.
- Average Research & Development over 5 years is $1.7 million, with a median of $1.8 million recorded in 2026.
- Year-over-year, Research & Development jumped 208.46% in 2022 and tumbled 48.45% in 2023.
- Open Lending's Research & Development stood at $1.8 million in 2022, then declined by 18.43% to $1.5 million in 2023, then plunged by 42.6% to $861000.0 in 2024, then jumped by 125.9% to $1.9 million in 2025, then retreated by 9.15% to $1.8 million in 2026.
- Business Quant data shows LPRO's Research & Development at $1.8 million in Q1 2026, $1.9 million in Q4 2025, and $2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 260.00 Mn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 1.59 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 793.00 Mn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | - |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 187.68 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | - |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | - |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -20.39 Mn |
| 10 | Open Lending | 366.29 Mn | 181.34 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 |