Open Lending (LPRO) Long-Term Deferred Tax (2020 - 2024)

Open Lending has reported Long-Term Deferred Tax for 5 years, with the latest figure at $65.6 million in Q3 2024.

• Quarterly Long-Term Deferred Tax rose 1.35% year-over-year to $65.6 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $65.6 million (up 1.35% YoY) and the FY2023 annual result came in at $70.1 million, up 7.65% from the prior year.
• Long-Term Deferred Tax fell to $65.6 million in Q3 2024 per LPRO's latest filing, from $66.3 million in the prior quarter.
• Over five years, Long-Term Deferred Tax peaked at $89.2 million in Q2 2020 and troughed at $63.3 million in Q2 2023.
• A 5-year average of $70.8 million and a median of $66.4 million in 2022 frame the typical range for Long-Term Deferred Tax.
• The sharpest annual moves came in 2021 and 2022: Long-Term Deferred Tax decreased 23.39% in 2021, then gained 11.09% in 2022.
• Over 5 years, Long-Term Deferred Tax stood at $85.2 million in 2020, then declined by 23.13% to $65.5 million in 2021, then decreased by 0.57% to $65.1 million in 2022, then advanced by 7.65% to $70.1 million in 2023, then decreased by 6.42% to $65.6 million in 2024.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $65.6 million, $66.3 million, and $68.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.