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Open Lending (LPRO) Research & Development: 2018-2024

Historic Research & Development for Open Lending (LPRO) over the last 7 years, with Dec 2024 value amounting to $4.5 million.

  • Open Lending's Research & Development rose 106.65% to $2.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $7.7 million, marking a year-over-year increase of 50.81%. This contributed to the annual value of $4.5 million for FY2024, which is 19.96% down from last year.
  • Per Open Lending's latest filing, its Research & Development stood at $4.5 million for FY2024, which was down 19.96% from $5.6 million recorded in FY2023.
  • In the past 5 years, Open Lending's Research & Development ranged from a high of $8.2 million in FY2022 and a low of $2.0 million during FY2020.
  • Over the past 3 years, Open Lending's median Research & Development value was $5.6 million (recorded in 2023), while the average stood at $6.1 million.
  • Per our database at Business Quant, Open Lending's Research & Development soared by 121.59% in 2021 and then slumped by 32.05% in 2023.
  • Open Lending's Research & Development (Yearly) stood at $2.0 million in 2020, then skyrocketed by 121.59% to $4.4 million in 2021, then skyrocketed by 88.53% to $8.2 million in 2022, then plummeted by 32.05% to $5.6 million in 2023, then dropped by 19.96% to $4.5 million in 2024.