Open Lending Corp
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
52-week range
- Market cap
- $249.4M
- EPS (diluted)
- $-0.04
- Shares outstanding
- 118.2M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 11, 2020
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- 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 20% below 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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