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

Open Lending has disclosed Net Margin across 8 years of filings, most recently posting 2.24% for Q1 2026.

• Net Margin for Q1 2026 came in at 2.24%, down 459.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.95% (up 78322.0% YoY), and the FY2025 annual result was 4.54%, up 55744.0% from the prior year.
• Net Margin came in at 2.24% for Q1 2026 at Open Lending, down from 8.69% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 253.67% in Q4 2024 to a low of 32.41% in Q4 2023.
• The 5-year median for Net Margin is 11.0% (2024), against an average of 25.53%.
• Across the five-year window, Net Margin surged 28608 bps in 2024 and slumped 24498 bps in 2025, its largest moves.
• Open Lending's Net Margin stood at 15.62% in 2022, then slumped by 108 bps to 32.41% in 2023, then jumped by 883 bps to 253.67% in 2024, then tumbled by 97 bps to 8.69% in 2025, then plunged by 126 bps to 2.24% in 2026.
• The last three Net Margin figures came in at 2.24% (Q1 2026), 8.69% (Q4 2025), and 31.32% (Q3 2025), per Business Quant data.