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 477.0% YoY from 0.6% in Q1 2025.
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Analysis
Open Lending (LPRO) Net Margin (2019 - 2026) Analysis & Trends
Open Lending has reported Net Margin for 8 years, with the latest figure at 2.24% in Q1 2026.
- Quarterly Net Margin fell 477.0% year-over-year to 2.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.95% (up 78311.0% 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.
- Over five years, Net Margin peaked at 253.67% in Q4 2024 and troughed at 32.41% in Q4 2023.
- A 5-year average of 25.54% and a median of 10.86% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 28608 bps in 2024, then slumped 24498 bps in 2025.
- Over 5 years, Net Margin stood at 15.62% in 2022, then slumped by 108 bps to 32.41% in 2023, then soared 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.
- According to Business Quant data, Net Margin over the past three periods registered 2.24%, 8.69%, and 31.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 48.38% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 47.30% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 15.84% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 18.52% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 12.72% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 138.65% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 17.93% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 12.85% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 16.05% |
| 10 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -2.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -2.24% |
| Dec 31, 2025 | 8.69% |
| Sep 30, 2025 | -31.32% |
| Jun 30, 2025 | 4.01% |
| Mar 31, 2025 | 2.35% |
| Dec 31, 2024 | 253.67% |
| Sep 30, 2024 | 6.07% |
| Jun 30, 2024 | 10.86% |
| 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% |