LPRO
Open Lending Corporation
NASDAQ · Financial Services · Financial - Credit Services · US
$3.14
+0.00%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 89.3M | 93.2M | 24.0M | 117.5M | 179.6M |
| Cost of Revenue | 20.3M | 22.8M | 23.9M | 22.3M | 20.0M |
| Gross Profit | 69.0M | 70.4M | 169.0K | 95.2M | 159.6M |
| Operating Expenses | |||||
| R&D Expense | 8.3M | 8.8M | 4.5M | 5.6M | 8.2M |
| SG&A Expense | 74.1M | 77.4M | 61.1M | 60.5M | 53.8M |
| General & Admin Expense | 60.8M | 62.6M | 43.9M | 43.0M | 36.0M |
| Selling & Marketing Expense | 13.3M | 14.8M | 17.2M | 17.5M | 17.9M |
| Other Expenses | (7.0M) | (21.8M) | — | — | — |
| Total Operating Expenses | 75.4M | 64.4M | 65.5M | 66.1M | 62.0M |
| Cost and Expenses | 95.7M | 87.2M | 89.4M | 88.4M | 82.0M |
| Operating Income (EBIT) | (6.4M) | 6.0M | (65.4M) | 29.1M | 97.6M |
| Non-Operating | |||||
| Interest Income | 8.3M | 9.3M | 12.1M | 10.3M | 2.0M |
| Interest Expense | 8.4M | 9.7M | 11.3M | 10.7M | 5.8M |
| Net Interest Income | (93.0K) | (345.0K) | 773.0K | (326.0K) | (3.8M) |
| Other Non-Op Income/Expense | (111.0K) | (11.4M) | 773.0K | (217.0K) | (4.1M) |
| Non-Operating Income (excl Interest) | (8.3M) | — | (12.1M) | (10.4M) | (1.8M) |
| EBT (Pre-Tax Income) | (6.5M) | (5.4M) | (64.6M) | 28.9M | 93.5M |
| Income Tax Expense | (1.2M) | (1.1M) | 70.4M | 6.8M | 26.9M |
| Bottom Line | |||||
| Net Income | (5.3M) | (4.2M) | (135.0M) | 22.1M | 66.6M |
| Earnings from Cont. Ops | (5.3M) | (4.2M) | (135.0M) | 22.1M | 66.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (5.3M) | (4.2M) | (135.0M) | 22.1M | 66.6M |
| Per Share | |||||
| Basic EPS | ($0.04) | ($0.04) | ($1.13) | $0.18 | $0.53 |
| Diluted EPS | ($0.05) | ($0.04) | ($1.13) | $0.18 | $0.53 |
| Revenue Per Share | $0.76 | $0.79 | $0.20 | $0.97 | $1.42 |
| Shares | |||||
| Basic Shares Outstanding | 117.8M | 118.6M | 119.2M | 120.8M | 126.1M |
| Diluted Shares Outstanding | 117.8M | 118.6M | 119.2M | 121.5M | 126.3M |
| Profitability Metrics | |||||
| EBITDA | 4.4M | 8.4M | (51.6M) | 41.3M | 100.3M |
| D&A | 2.5M | 2.4M | 1.7M | 1.8M | 915.0K |
| EBIT | 1.9M | 6.0M | (53.3M) | 39.5M | 99.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026