Growth Metrics

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

Open Lending's Cost of Revenue history spans 7 years, with the latest figure at $4.6 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 25.87% to $4.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $21.6 million, a 3.3% decrease, with the full-year FY2025 number at $21.6 million, down 9.64% from a year prior.
  • Cost of Revenue hit $4.6 million in Q4 2025 for Open Lending, down from $5.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for LPRO hit a ceiling of $9.1 million in Q4 2023 and a floor of $2.4 million in Q1 2021.
  • Historically, Cost of Revenue has averaged $5.2 million across 5 years, with a median of $5.1 million in 2022.
  • Biggest five-year swings in Cost of Revenue: surged 155.61% in 2021 and later plummeted 32.17% in 2024.
  • Tracing LPRO's Cost of Revenue over 5 years: stood at $4.7 million in 2021, then dropped by 12.47% to $4.1 million in 2022, then soared by 120.49% to $9.1 million in 2023, then plummeted by 31.5% to $6.3 million in 2024, then dropped by 25.87% to $4.6 million in 2025.
  • Business Quant data shows Cost of Revenue for LPRO at $4.6 million in Q4 2025, $5.3 million in Q3 2025, and $5.5 million in Q2 2025.