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

OppFi (OPFI) has reported Research & Development for 5 consecutive years, with $3.0 million the latest figure, recorded in Q3 2024.

• On a quarterly basis, Research & Development fell 3.18% year-over-year to $3.0 million in Q3 2024; TTM through Sep 2024 was $12.0 million, a 6.97% decrease from a year earlier, with the FY2023 full-year figure at $12.5 million, down 3.91% from the prior year.
• Research & Development was $3.0 million for Q3 2024 at OppFi, up from $3.0 million in the prior quarter.
• Over five years, Research & Development peaked at $3.3 million in Q4 2022 and troughed at $2.0 million in Q3 2020.
• A 5-year average of $2.9 million and a median of $3.0 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development soared 46.02% in 2022 and dropped 11.26% in 2023, its largest moves.
• Over 5 years, Research & Development stood at $2.0 million in 2020, then jumped by 41.58% to $2.8 million in 2021, then increased by 19.01% to $3.3 million in 2022, then slipped by 11.26% to $3.0 million in 2023, then increased by 2.88% to $3.0 million in 2024.
• The last three Research & Development figures came in at $3.0 million (Q3 2024), $3.0 million (Q2 2024), and $3.1 million (Q1 2024), per Business Quant data.