Open Lending (LPRO) Net Margin (2019 - 2026)
Open Lending (LPRO) posted Net Margin of 2.24% for Q1 2026, down 125.82% sequentially from 8.69% in Q4 2025, and down 459.0% YoY from 0.63% in Q1 2025.
Open Lending (LPRO) Net Margin (2019 - 2026) Analysis & Trends
Open Lending (LPRO) has 8 years of Net Margin data on file, last reported at 2.24% in Q1 2026.
- Quarterly Net Margin fell 459.0% year-over-year to 2.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.95% (up 78322.0% YoY) and the FY2025 annual result came in at 4.54%, up 55744.0% from the prior year.
- Net Margin fell to 2.24% in Q1 2026 per LPRO's latest filing, from 8.69% in the prior quarter.
- The five-year high for Net Margin was 253.67% in Q4 2024, with the low at 32.41% in Q4 2023.
- Average Net Margin over 5 years is 25.53%, with a median of 11.0% recorded in 2024.
- Year-over-year, Net Margin soared 28608 bps in 2024 and plunged 24498 bps in 2025.
- Open Lending's Net Margin stood at 15.62% in 2022, then tumbled by 108 bps to 32.41% in 2023, then jumped by 883 bps to 253.67% in 2024, then plunged by 97 bps to 8.69% in 2025, then sank by 126 bps to 2.24% in 2026.
- Business Quant data shows LPRO's Net Margin at 2.24% in Q1 2026, 8.69% in Q4 2025, and 31.32% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 53.62% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 46.23% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 15.71% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 13.32% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 30.76% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 15.15% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 13.84% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 21.04% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 14.05% |
| 10 | Open Lending | 366.29 Mn | 181.34 Mn | 15.64 Mn | -2.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.24% |
| Dec 31, 2025 | 8.69% |
| Sep 30, 2025 | -31.32% |
| Jun 30, 2025 | 4.09% |
| Mar 31, 2025 | 2.35% |
| Dec 31, 2024 | 253.67% |
| Sep 30, 2024 | 6.07% |
| Jun 30, 2024 | 11.00% |
| Mar 31, 2024 | 16.55% |
| Dec 31, 2023 | -32.41% |
| Sep 30, 2023 | 11.55% |
| Jun 30, 2023 | 29.80% |
| Mar 31, 2023 | 32.68% |
| Dec 31, 2022 | -15.62% |
| Sep 30, 2022 | 48.42% |
| Jun 30, 2022 | 44.44% |
| Mar 31, 2022 | 46.25% |
| Dec 31, 2021 | 53.92% |
| Sep 30, 2021 | 49.95% |
| Jun 30, 2021 | 124.28% |