LPRO
Open Lending Corp
NASDAQ: LPRO · FINANCIAL SERVICES · CREDIT SERVICES
$1.77
-1.12% today
Updated 2026-04-29
Market cap
$207.47M
P/E ratio
—
P/S ratio
2.23x
EPS (TTM)
$-0.04
Dividend yield
—
52W range
$1 – $3
Volume
0.6M
Open Lending Corp (LPRO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32.38M | $52.19M | $92.85M | $108.89M | $215.66M | $179.59M | $117.46M | $24.02M | $93.22M |
| Revenue growth (YoY) | — | +61.2% | +77.9% | +17.3% | +98.0% | -16.7% | -34.6% | -79.5% | +288.0% |
| Cost of revenue | $3.02M | $4.60M | $7.81M | $9.79M | $18.62M | $19.97M | $22.28M | $23.86M | $22.82M |
| Gross profit | $29.36M | $47.59M | $85.04M | $99.11M | $197.03M | $159.63M | $95.18M | $169000.00 | $70.40M |
| Gross margin | 90.7% | 91.2% | 91.6% | 91.0% | 91.4% | 88.9% | 81.0% | 0.7% | 75.5% |
| R&D | $691000.00 | $802000.00 | $1.17M | $1.96M | $4.35M | $8.21M | $5.58M | $4.46M | $8.78M |
| SG&A | $7.99M | $12.13M | $13.77M | $32.58M | $30.39M | $35.95M | $43.04M | $43.87M | $62.61M |
| Operating income | $-30680.00 | $28.47M | $62.62M | $56.72M | $150.29M | $97.61M | $29.07M | $-65.38M | $5.99M |
| Operating margin | -0.1% | 54.6% | 67.4% | 52.1% | 69.7% | 54.4% | 24.8% | -272.1% | 6.4% |
| EBITDA | $16.17M | $28.74M | $62.94M | $-77.62M | $197.55M | $100.29M | $41.30M | $-51.61M | $8.40M |
| EBITDA margin | 49.9% | 55.1% | 67.8% | -71.3% | 91.6% | 55.8% | 35.2% | -214.8% | 9.0% |
| EBIT | $16.15M | $28.66M | $62.84M | $-79.39M | $197.03M | $99.37M | $39.52M | $-53.29M | $5.99M |
| Interest expense | $0.00 | $341000.00 | $322000.00 | $11.60M | $5.86M | $5.83M | $10.66M | $11.32M | $9.66M |
| Income tax | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-30682.00 | $28.28M | $62.54M | $-97.56M | $146.08M | $66.62M | $22.07M | $-135.01M | $-4.24M |
| Net income growth (YoY) | — | +92268.0% | +121.2% | -256.0% | +249.7% | -54.4% | -66.9% | -711.7% | +96.9% |
| Profit margin | -0.1% | 54.2% | 67.4% | -89.6% | 67.7% | 37.1% | 18.8% | -562.0% | -4.5% |