Open Lending Corp (LPRO)
About Open Lending Corp
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
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Financial summary
- Revenue FY2025
- $93.2M
- Net income
- -$4.2M
- Total assets
- $236.7M
- Market cap
- $249.4M
- Gross margin
- 76.9%
- Operating margin
- -5.4%
- Net margin
- -4.5%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $93.2M
- Cost of revenue
- $21.6M
- Gross profit
- $71.7M
- Operating expenses
- $76.7M
- Operating income
- -$5.0M
- Income tax
- -$1.1M
- Net income
- -$4.2M
- EPS (basic)
- $-0.04
- EPS (diluted)
- $-0.04
Balance sheet
- Total assets
- $236.7M
- Current assets
- $222.7M
- Total liabilities
- $161.7M
- Current liabilities
- $49.3M
- Shareholders’ equity
- $75.0M
Cash flow
- Operating cash flow
- -$3.2M
- Investing cash flow
- -$1.0M
- Financing cash flow
- -$61.5M
- Net cash flow
- -$65.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $249.4M
- EPS (diluted)
- $-0.04
- Shares outstanding
- 79.2M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 11, 2020
Open Lending Corp (LPRO) Stock Price
- Reported a net loss of $4.2M in FY2025.
- Revenue declined 57% from FY2021 to FY2025.
- Gross margin of 76.9%, net margin -4.5%.
- Trading near its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Open Lending Corp
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Open Lending Corp: frequently asked questions
Is Open Lending Corp an American company?
Open Lending Corp is a US-based company headquartered in Austin, Texas, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Open Lending Corp headquartered?
Open Lending Corp is headquartered in Austin, Texas, United States.
Is Open Lending Corp publicly traded?
Yes — Open Lending Corp is a publicly traded company. Its stock trades under the ticker symbol LPRO on the NASDAQ.
What does Open Lending Corp do?
Open Lending Corp is an American Financial Services company in the Business & Financial Services sector.
