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Open Lending (LPRO) Cost of Revenue (2019 - 2025)

Open Lending's Cost of Revenue history spans 7 years, with the latest figure at $3.4 million for Q3 2025.

  • For Q3 2025, Cost of Revenue fell 43.86% year-over-year to $3.4 million; the TTM value through Sep 2025 reached $18.2 million, down 10.51%, while the annual FY2024 figure was $23.9 million, 36.43% up from the prior year.
  • Cost of Revenue for Q3 2025 was $3.4 million at Open Lending, down from $4.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $6.3 million in Q4 2024 and bottomed at $3.0 million in Q2 2021.
  • The 5-year median for Cost of Revenue is $4.3 million (2023), against an average of $4.6 million.
  • The largest annual shift saw Cost of Revenue surged 78.12% in 2022 before it tumbled 43.86% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $3.3 million in 2021, then soared by 78.12% to $6.0 million in 2022, then fell by 26.92% to $4.3 million in 2023, then soared by 44.06% to $6.3 million in 2024, then plummeted by 45.09% to $3.4 million in 2025.
  • Per Business Quant, the three most recent readings for LPRO's Cost of Revenue are $3.4 million (Q3 2025), $4.1 million (Q2 2025), and $4.4 million (Q1 2025).