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.

• 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 rose to $3.0 million in Q3 2024 per OPFI's latest filing, from $3.0 million in the prior quarter.
• Across five years, Research & Development topped out at $3.3 million in Q4 2022 and bottomed at $2.0 million in Q3 2020.
• Historically, Research & Development has averaged $2.9 million across 5 years, with a median of $3.0 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development jumped 46.02% — and 2023, when it declined 11.26%.
• OppFi's Research & Development stood at $2.0 million in 2020, then soared by 41.58% to $2.8 million in 2021, then gained by 19.01% to $3.3 million in 2022, then declined by 11.26% to $3.0 million in 2023, then gained by 2.88% to $3.0 million in 2024.
• Business Quant data shows OPFI's Research & Development at $3.0 million in Q3 2024, $3.0 million in Q2 2024, and $3.1 million in Q1 2024.