Open Lending Corporation (LPRO) — Financial statements
Income statement, balance sheet, and cash flow for Open Lending Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 93↑288.0% | 24↓79.5% | 117↓34.6% | 180↓16.7% | 216 | |
| Cost of Revenue | 23↓4.4% | 24↑7.1% | 22↑11.6% | 20↑7.2% | 19 | |
| Gross Profit | 70↑41558.0% | 0.17↓99.8% | 95↓40.4% | 160↓19.0% | 197 | |
| Operating Expenses | ||||||
| R&D Expenses | 9↑96.7% | 4↓20.0% | 6↓32.1% | 8↑88.5% | 4 | |
| General & Administrative Expenses | 63↑42.7% | 44↑1.9% | 43↑19.7% | 36↑18.3% | 30 | |
| Selling & Marketing Expenses | 15↓14.0% | 17↓1.5% | 17↓2.1% | 18↑48.8% | 12 | |
| SG&A Expenses | 77↑26.7% | 61↑0.9% | 61↑12.5% | 54↑26.9% | 42 | |
| Other Expenses | -22 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 64↓1.7% | 66↓0.8% | 66↑6.6% | 62↑32.7% | 47 | |
| Total Costs & Expenses | 87↓2.4% | 89↑1.2% | 88↑7.8% | 82↑25.4% | 65 | |
| Operating Results | ||||||
| Operating Income | 6↑109.2% | -65↓324.9% | 29↓70.2% | 98↓35.0% | 150 | |
| Depreciation & Amortization | 2↑44.0% | 2↓5.9% | 2↑94.4% | 0.92↑74.3% | 0.53 | |
| EBITDA | 8↑116.3% | -52↓225.0% | 41↓58.8% | 100↓49.2% | 198 | |
| EBIT | 6↑111.2% | -53↓234.8% | 40↓60.2% | 99↓49.6% | 197 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.35↓144.6% | 0.77↑337.1% | -0.33↑91.5% | -4↑32.0% | -6 | |
| Interest Income | 9↓22.9% | 12↑17.0% | 10↑418.0% | 2↑836.6% | 0.21 | |
| Interest Expense | 10↓14.6% | 11↑6.2% | 11↑82.8% | 6↓0.5% | 6 | |
| Non-Operating Income | 0.00↑100.0% | -12↓15.8% | -10↓494.4% | -2↑96.2% | -47 | |
| Other Income / Expenses | -11↓1570.0% | 0.77↑456.2% | -0.22↑94.7% | -4↓110.0% | 41 | |
| Income Before Tax | -5↑91.7% | -65↓323.9% | 29↓69.1% | 94↓51.1% | 191 | |
| Income Tax Expense | -1↓101.6% | 70↑937.2% | 7↓74.8% | 27↓40.3% | 45 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -4↑96.9% | -135↓711.7% | 22↓66.9% | 67↓54.4% | 146 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -4↑96.9% | -135↓711.7% | 22↓66.9% | 67↓54.4% | 146 | |
| Bottom-Line Net Income | -4↑96.9% | -135↓711.7% | 22↓66.9% | 67↓54.4% | 146 | |
| EPS (Basic) | -0.04↑96.8% | -1.13↓727.8% | 0.18↓66.0% | 0.53↓54.3% | 1.16 | |
| EPS (Diluted) | -0.04↑96.8% | -1.13↓727.8% | 0.18↓66.0% | 0.53↓54.3% | 1.16 | |
| Weighted Average Shares | 119↓0.5% | 119↓1.4% | 121↓4.2% | 126↓0.2% | 126 | |
| Weighted Average Diluted Shares | 119↓0.5% | 119↓1.9% | 121↓3.8% | 126↓0.1% | 126 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.