Open Lending (LPRO) Cost of Revenue (2019 - 2026)

Open Lending has disclosed Cost of Revenue across 8 years of filings, most recently posting $4.9 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 20.22% year-over-year to $4.9 million; the TTM figure through Mar 2026 stood at $20.3 million (down 15.97% YoY), while the FY2025 annual figure was $21.6 million, down 9.64% from the prior year.
• Cost of Revenue came in at $4.9 million for Q1 2026 at Open Lending, up from $4.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $6.3 million in Q4 2024 to a low of $4.6 million in Q4 2025.
• Average Cost of Revenue over 5 years is $5.4 million, with a median of $5.4 million recorded in 2023.
• Year-over-year, Cost of Revenue jumped 42.42% in 2022 and slipped 25.87% in 2025.
• Over 5 years, Cost of Revenue stood at $4.9 million in 2022, then increased by 9.58% to $5.4 million in 2023, then rose by 16.78% to $6.3 million in 2024, then fell by 25.87% to $4.6 million in 2025, then climbed by 4.52% to $4.9 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $4.9 million in Q1 2026, $4.6 million in Q4 2025, and $5.3 million in Q3 2025.