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Open Lending Corp

Open Lending CorpLPROEarnings & Financial Report

Nasdaq

Open Library is an online project intended to create "one web page for every book ever published". Created by Aaron Swartz, Brewster Kahle, Alexis Rossi, Anand Chitipothu, and Rebecca Hargrave Malamud, Open Library is a project of the Internet Archive, a nonprofit organization. It has been funded in part by grants from the California State Library and the Kahle/Austin Foundation. Open Library provides online digital copies in multiple formats, created from images of many public domain, out-of...

NextMar 31, 2026

LPRO Q3 2025 Key Financial Metrics

Revenue

$24.2M

Gross Profit

$18.9M

Operating Profit

$-7.7M

Net Profit

$-7.6M

Gross Margin

78.0%

Operating Margin

-31.9%

Net Margin

-31.3%

YoY Growth

3.0%

EPS

$-0.06

Financial Flow

Open Lending Corp Q3 2025 Financial Summary

Open Lending Corp reported revenue of $24.2M for Q3 2025, with a net profit of $-7.6M (-31.3% margin). Cost of goods sold was $5.3M, operating expenses totaled $26.6M.

Key Financial Metrics

Total Revenue$24.2M
Net Profit$-7.6M
Gross Margin78.0%
Operating Margin-31.9%
Report PeriodQ3 2025

Open Lending Corp Annual Revenue by Year

Open Lending Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $24.0M).

YearAnnual Revenue
2024$24.0M
2023$117.5M
2022$179.6M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$14.9M$30.7M$26.7M$23.5M$-56.9M$24.4M$25.3M$24.2M
YoY Growth-44.3%-19.9%-29.9%-9.7%-481.0%-20.7%-5.3%3.0%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$374.0M$380.6M$382.8M$395.7M$296.4M$304.2M$296.7M$287.7M
Liabilities$168.5M$169.1M$166.0M$175.2M$218.3M$224.4M$217.7M$214.8M
Equity$205.6M$211.5M$216.8M$220.5M$78.1M$79.8M$78.9M$72.8M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$16.8M$11.0M$-1.4M$11.4M$-3.4M$-3.8M$848000$-5.7M