Open Lending Corporation Research and Development (R&D) Expenses Growth

Research and Development (R&D) Expenses Growth of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Research and Development (R&D) Expenses Growth growth rates and interactive chart.


Highlights and Quick Summary

  • Research and Development (R&D) Expenses Growth for the quarter ending June 29, 2021 was 121.49% (a 88.01% increase compared to previous quarter)
  • Year-over-year quarterly Research and Development (R&D) Expenses Growth increased by 22.75%
  • Annual Research and Development (R&D) Expenses Growth for 2020 was 0.0% (a -100.0% decrease from previous year)
  • Annual Research and Development (R&D) Expenses Growth for 2019 was 67.86% (a Infinity% increase from previous year)
  • Annual Research and Development (R&D) Expenses Growth for 2019 was 0.0% (a -100.0% decrease from previous year)
  • Twelve month Research and Development (R&D) Expenses Growth ending June 29, 2021 was 69.53% (a 59.14% increase compared to previous quarter)
Trailing Research and Development (R&D) Expenses Growth for the last four month:
29 Jun '21 30 Mar '21
69.53% 43.69%
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Historical Research and Development (R&D) Expenses Growth of Open Lending Corporation

Most recent Research and Development (R&D) Expenses Growthof LPRO including historical data for past 10 years.

Interactive Chart of Research and Development (R&D) Expenses Growth of Open Lending Corporation

Open Lending Corporation Research and Development (R&D) Expenses Growth for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 121.49% 64.62%
2020 23.95% 98.97% 5.12% 0.0%
2019 0.0%

Business Profile of Open Lending Corporation

Sector: Financial Services
Industry: Credit Services
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.