Open Lending (LPRO) FCF Margin (2019 - 2026)
Open Lending's (LPRO) quarterly FCF Margin came in at 5.14% in Q1 2026, up 1290.0% year-over-year from 0.37% in Q1 2025, and down 118.65% quarter-over-quarter from 27.56% in Q4 2025.
Analysis
Open Lending (LPRO) FCF Margin (2019 - 2026) Analysis & Trends
Open Lending has disclosed FCF Margin across 8 years of filings, most recently posting 5.14% for Q1 2026.
- In Q1 2026, FCF Margin rose 1290.0% year-over-year to 5.14%; the TTM figure through Mar 2026 stood at 0.92% (up 415.0% YoY), while the FY2025 annual figure was 4.47%, down 6219.0% from the prior year.
- FCF Margin came in at 5.14% for Q1 2026 at Open Lending, down from 27.56% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 108.34% in Q4 2023 to a low of 23.71% in Q3 2025.
- Average FCF Margin over 5 years is 35.97%, with a median of 40.9% recorded in 2023.
- Year-over-year, FCF Margin surged 3215 bps in 2022 and sank 10038 bps in 2024.
- Over 5 years, FCF Margin stood at 83.75% in 2022, then gained by 29 bps to 108.34% in 2023, then plunged by 93 bps to 7.96% in 2024, then surged by 246 bps to 27.56% in 2025, then slumped by 119 bps to 5.14% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 5.14% in Q1 2026, 27.56% in Q4 2025, and 23.71% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | -38.61% |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 18.41% |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 30.32% |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | -11.42% |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | - |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -5.14% |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | 20.43% |
| 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 |
|---|---|
| Mar 31, 2026 | -5.14% |
| Dec 31, 2025 | 27.56% |
| Sep 30, 2025 | -23.71% |
| Jun 30, 2025 | 2.49% |
| Mar 31, 2025 | -18.03% |
| Dec 31, 2024 | 7.96% |
| Sep 30, 2024 | 44.63% |
| Jun 30, 2024 | -9.14% |
| Mar 31, 2024 | 33.71% |
| Dec 31, 2023 | 108.34% |
| Sep 30, 2023 | 75.39% |
| Jun 30, 2023 | 40.90% |
| Mar 31, 2023 | 76.14% |
| Dec 31, 2022 | 83.75% |
| Sep 30, 2022 | 61.76% |
| Jun 30, 2022 | 41.29% |
| Mar 31, 2022 | 63.52% |
| Dec 31, 2021 | 51.60% |
| Sep 30, 2021 | 58.58% |
| Jun 30, 2021 | 21.78% |