Open Lending (LPRO) Gross Margin (2019 - 2026)

Open Lending has disclosed Gross Margin across 8 years of filings, most recently posting 76.31% for Q1 2026.

• Gross Margin for Q1 2026 came in at 76.31%, up 125.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 77.24% (up 11412.0% YoY), and the FY2025 annual result was 76.88%, up 7617.0% from the prior year.
• Gross Margin came in at 76.31% for Q1 2026 at Open Lending, roughly flat from 75.99% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 111.01% in Q4 2024 to a low of 64.09% in Q4 2023.
• The 5-year median for Gross Margin is 79.35% (2023), against an average of 81.99%.
• Across the five-year window, Gross Margin soared 4692 bps in 2024 and slumped 3501 bps in 2025, its largest moves.
• Open Lending's Gross Margin stood at 81.75% in 2022, then decreased by 22 bps to 64.09% in 2023, then surged by 73 bps to 111.01% in 2024, then slumped by 32 bps to 75.99% in 2025, then grew by 0 bps to 76.31% in 2026.
• The last three Gross Margin figures came in at 76.31% (Q1 2026), 75.99% (Q4 2025), and 78.0% (Q3 2025), per Business Quant data.