OppFi (OPFI-WT) Research & Development (2020 - 2024)

OppFi has disclosed Research & Development across 5 years of filings, most recently posting $3.0 million for Q3 2024.

• In Q3 2024, Research & Development fell 3.18% year-over-year to $3.0 million; the TTM figure through Sep 2024 stood at $12.0 million (down 6.97% YoY), while the FY2023 annual figure was $12.5 million, down 3.91% from the prior year.
• Research & Development improved to $3.0 million in Q3 2024, from $3.0 million in the prior quarter.
• Over the last five years, Research & Development for OPFI-WT reached as high as $3.3 million in Q4 2022 and fell as low as $2.0 million in Q3 2020.
• The 5-year median for Research & Development is $3.0 million (2024), against an average of $2.9 million.
• Annual changes were most pronounced in 2022 — Research & Development jumped 46.02% — and 2023, when it declined 11.26%.
• A 5-year view of Research & Development shows it stood at $2.0 million in 2020, then surged by 41.58% to $2.8 million in 2021, then rose by 19.01% to $3.3 million in 2022, then dropped by 11.26% to $3.0 million in 2023, then rose by 2.88% to $3.0 million in 2024.
• According to Business Quant data, Research & Development over the past three periods registered $3.0 million, $3.0 million, and $3.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.