Open Lending (LPRO) Gross Profit (2019 - 2026)
Open Lending's (LPRO) quarterly Gross Profit came in at $15.6 million in Q1 2026, down 14.59% year-over-year from $18.3 million in Q1 2025, and up 6.37% quarter-over-quarter from $14.7 million in Q4 2025.
Analysis
Open Lending (LPRO) Gross Profit (2019 - 2026) Analysis & Trends
Open Lending has disclosed Gross Profit across 8 years of filings, most recently posting $15.6 million for Q1 2026.
- In Q1 2026, Gross Profit fell 14.59% year-over-year to $15.6 million; the TTM figure through Mar 2026 stood at $69.0 million (up 1158.62% YoY), while the FY2025 annual figure was $71.7 million, up 42303.55% from the prior year.
- Gross Profit came in at $15.6 million for Q1 2026 at Open Lending, up from $14.7 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $47.0 million in Q2 2022 to a low of -$63.2 million in Q4 2024.
- Average Gross Profit over 5 years is $20.1 million, with a median of $20.6 million recorded in 2023.
- Year-over-year, Gross Profit slumped 760.01% in 2024 and surged 123.27% in 2025.
- Over 5 years, Gross Profit stood at $21.9 million in 2022, then tumbled by 56.33% to $9.6 million in 2023, then tumbled by 760.01% to -$63.2 million in 2024, then jumped by 123.27% to $14.7 million in 2025, then grew by 6.37% to $15.6 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $15.6 million in Q1 2026, $14.7 million in Q4 2025, and $18.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
|---|---|
| Mar 31, 2026 | 15.64 Mn |
| Dec 31, 2025 | 14.70 Mn |
| Sep 30, 2025 | 18.85 Mn |
| Jun 30, 2025 | 19.80 Mn |
| Mar 31, 2025 | 18.31 Mn |
| Dec 31, 2024 | -63.19 Mn |
| Sep 30, 2024 | 17.35 Mn |
| Jun 30, 2024 | 21.01 Mn |
| Mar 31, 2024 | 25.00 Mn |
| Dec 31, 2023 | 9.57 Mn |
| Sep 30, 2023 | 20.64 Mn |
| Jun 30, 2023 | 32.04 Mn |
| Mar 31, 2023 | 32.93 Mn |
| Dec 31, 2022 | 21.93 Mn |
| Sep 30, 2022 | 45.46 Mn |
| Jun 30, 2022 | 46.96 Mn |
| Mar 31, 2022 | 45.28 Mn |
| Dec 31, 2021 | 46.89 Mn |
| Sep 30, 2021 | 52.51 Mn |
| Jun 30, 2021 | 56.99 Mn |