Open Lending (LPRO) EBT Margin (2019 - 2026)
Open Lending's (LPRO) quarterly EBT Margin came in at 2.29% in Q1 2026, down 505.0% year-over-year from 0.57% in Q1 2025, and down 203.43% quarter-over-quarter from 2.22% in Q4 2025.
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Open Lending (LPRO) EBT Margin (2019 - 2026) Analysis & Trends
Open Lending has disclosed EBT Margin across 8 years of filings, most recently posting 2.29% for Q1 2026.
- In Q1 2026, EBT Margin fell 505.0% year-over-year to 2.29%; the TTM figure through Mar 2026 stood at 7.29% (up 39705.0% YoY), while the FY2025 annual figure was 5.76%, up 26316.0% from the prior year.
- EBT Margin came in at 2.29% for Q1 2026 at Open Lending, down from 2.22% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 138.07% in Q4 2024 to a low of 53.29% in Q4 2023.
- Average EBT Margin over 5 years is 23.7%, with a median of 16.24% recorded in 2024.
- Year-over-year, EBT Margin soared 19136 bps in 2024 and sank 13585 bps in 2025.
- Over 5 years, EBT Margin stood at 15.3% in 2022, then slumped by 448 bps to 53.29% in 2023, then soared by 359 bps to 138.07% in 2024, then sank by 98 bps to 2.22% in 2025, then tumbled by 203 bps to 2.29% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 2.29% in Q1 2026, 2.22% in Q4 2025, and 31.38% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 4.70% |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 10.66% |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 30.63% |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | 15.96% |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 22.14% |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -2.29% |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | -4.00% |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | 4.86% |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | -29.69% |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | -242.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -2.29% |
| Dec 31, 2025 | 2.22% |
| Sep 30, 2025 | -31.38% |
| Jun 30, 2025 | 4.40% |
| Mar 31, 2025 | 2.76% |
| Dec 31, 2024 | 138.07% |
| Sep 30, 2024 | 9.05% |
| Jun 30, 2024 | 16.24% |
| Mar 31, 2024 | 24.47% |
| Dec 31, 2023 | -53.29% |
| Sep 30, 2023 | 17.44% |
| Jun 30, 2023 | 40.65% |
| Mar 31, 2023 | 43.72% |
| Dec 31, 2022 | 15.30% |
| Sep 30, 2022 | 51.84% |
| Jun 30, 2022 | 60.92% |
| Mar 31, 2022 | 62.84% |
| Dec 31, 2021 | 67.37% |
| Sep 30, 2021 | 67.61% |
| Jun 30, 2021 | 162.34% |