Open Lending (LPRO) Deferred Taxes (2020 - 2024)
Open Lending (LPRO) posted Deferred Taxes of $65.6 million for Q4 2024, up 10120.25% sequentially from $642000.0 in Q3 2024, and up 1321.63% YoY from $4.6 million in Q1 2024.
Open Lending (LPRO) Deferred Taxes (2020 - 2024) Analysis & Trends
Open Lending (LPRO) has 5 years of Deferred Taxes data on file, last reported at $65.6 million in Q4 2024.
- Quarterly Deferred Taxes rose 1321.63% year-over-year to $65.6 million in Q4 2024, while the trailing twelve-month figure through Sep 2025 was $65.6 million (up 7624.54% YoY) and the FY2024 annual result came in at $70.1 million, up 1506.48% from the prior year.
- Deferred Taxes climbed to $65.6 million in Q4 2024 per LPRO's latest filing, from $642000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $65.6 million in Q4 2024, with the low at -$6.9 million in Q3 2022.
- Average Deferred Taxes over 5 years is $4.8 million, with a median of $879000.0 recorded in 2021.
- Year-over-year, Deferred Taxes jumped 1909.42% in 2021 and plunged 401.89% in 2022.
- Open Lending's Deferred Taxes stood at $51000.0 in 2020, then jumped by 1623.53% to $879000.0 in 2021, then surged by 836.86% to $8.2 million in 2022, then slumped by 165.22% to -$5.4 million in 2023, then surged by 1321.63% to $65.6 million in 2024.
- Business Quant data shows LPRO's Deferred Taxes at $65.6 million in Q4 2024, $642000.0 in Q3 2024, and $1.7 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 453.00 Mn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 193.00 Mn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 145.00 Mn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | -290.00 Mn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | - |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 28.90 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | -22.00 Mn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | -13.40 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | - |
| 10 | Open Lending | 366.29 Mn | 181.34 Mn | 15.64 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 65.61 Mn |
| Sep 30, 2024 | 642,000.00 |
| Jun 30, 2024 | 1.70 Mn |
| Mar 31, 2024 | 2.15 Mn |
| Dec 31, 2023 | -5.37 Mn |
| Sep 30, 2023 | -1.40 Mn |
| Jun 30, 2023 | 561,000.00 |
| Mar 31, 2023 | 1.22 Mn |
| Dec 31, 2022 | 8.24 Mn |
| Sep 30, 2022 | -6.86 Mn |
| Jun 30, 2022 | -1.55 Mn |
| Mar 31, 2022 | 554,000.00 |
| Dec 31, 2021 | 879,000.00 |
| Sep 30, 2021 | 2.27 Mn |
| Jun 30, 2021 | 15.57 Mn |
| Mar 31, 2021 | 1.33 Mn |
| Dec 31, 2020 | 51,000.00 |
| Sep 30, 2020 | 3.91 Mn |
| Jun 30, 2020 | 775,000.00 |