Open Lending (LPRO) EV to FCF (2019 - 2026)
Open Lending's (LPRO) quarterly EV to FCF came in at 35.31 in Q1 2026, up 285.45% year-over-year from 9.16 in Q1 2025, and up 3320.89% quarter-over-quarter from 1.1 in Q4 2025.
Analysis
Open Lending (LPRO) EV to FCF (2019 - 2026) Analysis & Trends
Open Lending has disclosed EV to FCF across 8 years of filings, most recently posting 35.31 for Q1 2026.
- In Q1 2026, EV to FCF rose 285.45% year-over-year to 35.31; the TTM figure through Mar 2026 stood at 45.23 (up 148.39% YoY), while the FY2025 annual figure was 1.4, down 95.76% from the prior year.
- EV to FCF came in at 35.31 for Q1 2026 at Open Lending, up from 1.1 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 70.32 in Q1 2022 to a low of 169.11 in Q2 2024.
- Average EV to FCF over 5 years is 9.37, with a median of 27.87 recorded in 2022.
- Year-over-year, EV to FCF slumped 354.03% in 2024 and jumped 285.45% in 2026.
- Over 5 years, EV to FCF stood at 27.87 in 2022, then soared by 69.47% to 47.23 in 2023, then plunged by 314.22% to 101.18 in 2024, then jumped by 98.92% to 1.1 in 2025, then jumped by 3320.89% to 35.31 in 2026.
- Per Business Quant data, the three most recent EV to FCF figures were 35.31 in Q1 2026, 1.1 in Q4 2025, and 2.73 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 35.31 |
| Dec 31, 2025 | -1.10 |
| Sep 30, 2025 | -2.73 |
| Jun 30, 2025 | -19.15 |
| Mar 31, 2025 | -19.04 |
| Dec 31, 2024 | -101.18 |
| Sep 30, 2024 | 44.75 |
| Jun 30, 2024 | -169.11 |
| Mar 31, 2024 | 47.36 |
| Dec 31, 2023 | 47.23 |
| Sep 30, 2023 | 32.46 |
| Jun 30, 2023 | 66.57 |
| Mar 31, 2023 | 21.69 |
| Dec 31, 2022 | 27.87 |
| Sep 30, 2022 | 25.88 |
| Jun 30, 2022 | 52.12 |
| Mar 31, 2022 | 70.32 |
| Dec 31, 2021 | 102.01 |
| Sep 30, 2021 | 129.23 |
| Jun 30, 2021 | 404.02 |