Open Lending (LPRO) Long-Term Deferred Tax (2020 - 2024)
Open Lending's (LPRO) quarterly Long-Term Deferred Tax came in at $65.6 million in Q3 2024, up 1.35% year-over-year from $64.7 million in Q4 2023, and down 0.97% quarter-over-quarter from $66.3 million in Q2 2024.
Analysis
Open Lending (LPRO) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends
Open Lending has disclosed Long-Term Deferred Tax across 5 years of filings, most recently posting $65.6 million for Q3 2024.
- In Q3 2024, Long-Term Deferred Tax rose 1.35% year-over-year to $65.6 million; the TTM figure through Sep 2024 stood at $65.6 million (up 1.35% YoY), while the FY2023 annual figure was $70.1 million, up 7.65% from the prior year.
- Long-Term Deferred Tax came in at $65.6 million for Q3 2024 at Open Lending, down from $66.3 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $89.2 million in Q2 2020 to a low of $63.3 million in Q2 2023.
- Average Long-Term Deferred Tax over 5 years is $70.8 million, with a median of $66.4 million recorded in 2022.
- Year-over-year, Long-Term Deferred Tax retreated 23.39% in 2021 and rose 11.09% in 2022.
- Over 5 years, Long-Term Deferred Tax stood at $85.2 million in 2020, then slipped by 23.13% to $65.5 million in 2021, then fell by 0.57% to $65.1 million in 2022, then rose by 7.65% to $70.1 million in 2023, then fell by 6.42% to $65.6 million in 2024.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $65.6 million in Q3 2024, $66.3 million in Q2 2024, and $68.0 million in Q1 2024.
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 |
|---|---|
| Sep 30, 2024 | 65.61 Mn |
| Jun 30, 2024 | 66.26 Mn |
| Mar 31, 2024 | 67.96 Mn |
| Dec 31, 2023 | 70.11 Mn |
| Sep 30, 2023 | 64.74 Mn |
| Jun 30, 2023 | 63.35 Mn |
| Mar 31, 2023 | 63.91 Mn |
| Dec 31, 2022 | 65.13 Mn |
| Sep 30, 2022 | 73.36 Mn |
| Jun 30, 2022 | 66.50 Mn |
| Mar 31, 2022 | 64.95 Mn |
| Dec 31, 2021 | 65.50 Mn |
| Sep 30, 2021 | 66.04 Mn |
| Jun 30, 2021 | 68.32 Mn |
| Mar 31, 2021 | 83.89 Mn |
| Dec 31, 2020 | 85.22 Mn |
| Sep 30, 2020 | 85.27 Mn |
| Jun 30, 2020 | 89.18 Mn |