Open Lending (LPRO) Deferred Taxes (2020 - 2024)
Open Lending's (LPRO) quarterly Deferred Taxes came in at $65.6 million in Q4 2024, up 1321.63% year-over-year from $4.6 million in Q1 2024, and up 10120.25% quarter-over-quarter from $642000.0 in Q3 2024.
Analysis
Open Lending (LPRO) Deferred Taxes (2020 - 2024) Analysis & Trends
Open Lending has disclosed Deferred Taxes across 5 years of filings, most recently posting $65.6 million for Q4 2024.
- In Q4 2024, Deferred Taxes rose 1321.63% year-over-year to $65.6 million; the TTM figure through Sep 2025 stood at $65.6 million (up 7624.54% YoY), while the FY2024 annual figure was $70.1 million, up 1506.48% from the prior year.
- Deferred Taxes came in at $65.6 million for Q4 2024 at Open Lending, up from $642000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $65.6 million in Q4 2024 to a low of -$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 sank 401.89% in 2022.
- Over 5 years, 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 tumbled by 165.22% to -$5.4 million in 2023, then surged by 1321.63% to $65.6 million in 2024.
- Per Business Quant data, the three most recent Deferred Taxes figures were $65.6 million in Q4 2024, $642000.0 in Q3 2024, and $1.7 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | - |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | - |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | - |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | - |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | - |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | - |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | - |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | - |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | - |
Historic Data
Download Data
Historic 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 |