Growth Metrics

Open Lending (LPRO) Research & Development (2019 - 2025)

Open Lending's Research & Development history spans 7 years, with the latest figure at $2.0 million for Q3 2025.

  • For Q3 2025, Research & Development rose 106.65% year-over-year to $2.0 million; the TTM value through Sep 2025 reached $7.7 million, up 50.81%, while the annual FY2024 figure was $4.5 million, 19.96% down from the prior year.
  • Research & Development for Q3 2025 was $2.0 million at Open Lending, down from $2.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $2.5 million in Q2 2025 and bottomed at $591000.0 in Q1 2021.
  • The 5-year median for Research & Development is $1.5 million (2023), against an average of $1.5 million.
  • The largest annual shift saw Research & Development skyrocketed 208.46% in 2022 before it tumbled 48.45% in 2023.
  • A 5-year view of Research & Development shows it stood at $1.7 million in 2021, then rose by 6.92% to $1.8 million in 2022, then fell by 18.43% to $1.5 million in 2023, then tumbled by 42.6% to $861000.0 in 2024, then skyrocketed by 138.1% to $2.0 million in 2025.
  • Per Business Quant, the three most recent readings for LPRO's Research & Development are $2.0 million (Q3 2025), $2.5 million (Q2 2025), and $2.3 million (Q1 2025).