Open Lending LPRO
LPRO
$3.14 +0.00 (+0.00%)
At close: Aug 7, 2026 · 4:00 PM EDT

Open Lending (LPRO) Operating Expenses (2019 - 2026)

Open Lending's (LPRO) quarterly Operating Expenses came in at $16.3 million in Q1 2026, down 7.28% year-over-year from $17.5 million in Q1 2025, and up 16.68% quarter-over-quarter from $13.9 million in Q4 2025.

Analysis

Open Lending (LPRO) Operating Expenses (2019 - 2026) Analysis & Trends

Open Lending has disclosed Operating Expenses across 8 years of filings, most recently posting $16.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 7.28% year-over-year to $16.3 million; the TTM figure through Mar 2026 stood at $75.4 million (up 15.24% YoY), while the FY2025 annual figure was $76.7 million, up 16.97% from the prior year.
  • Operating Expenses came in at $16.3 million for Q1 2026 at Open Lending, up from $13.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $26.6 million in Q3 2025 to a low of $13.0 million in Q1 2022.
  • Average Operating Expenses over 5 years is $16.9 million, with a median of $16.3 million recorded in 2023.
  • Year-over-year, Operating Expenses fell 13.91% in 2024 and surged 71.49% in 2025.
  • Over 5 years, Operating Expenses stood at $17.2 million in 2022, then grew by 4.08% to $17.9 million in 2023, then declined by 13.91% to $15.4 million in 2024, then dropped by 9.27% to $13.9 million in 2025, then rose by 16.68% to $16.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $16.3 million in Q1 2026, $13.9 million in Q4 2025, and $26.6 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Upstart Holdings 2.43 Bn 1.99 Bn 303.39 Mn 350.07 Mn
2 Pagaya Technologies 1.70 Bn 1.51 Bn 168.33 Mn 281.24 Mn
3 Qfin Holdings 986.27 Mn -9.51 Mn - 354.54 Mn
4 FinVolution 836.54 Mn -90.46 Mn - -423.57 Mn
5 X Financial 386.17 Mn -182.14 Mn 84.09 Mn 117.70 Mn
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 16.27 Mn
7 Blend Labs 279.09 Mn 234.22 Mn 24.89 Mn 26.46 Mn
8 LexinFintech Holdings 251.25 Mn 251.25 Mn 73.06 Mn -88.58 Mn
9 Jiayin 76.25 Mn 2.23 Mn - -144.96 Mn
10 Antalpha Platform Holding 76.02 Mn -813.69 Mn 11.94 Mn 37.28 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 16.27 Mn
Dec 31, 2025 13.94 Mn
Sep 30, 2025 26.55 Mn
Jun 30, 2025 18.63 Mn
Mar 31, 2025 17.55 Mn
Dec 31, 2024 15.37 Mn
Sep 30, 2024 15.48 Mn
Jun 30, 2024 17.02 Mn
Mar 31, 2024 17.67 Mn
Dec 31, 2023 17.85 Mn
Sep 30, 2023 16.10 Mn
Jun 30, 2023 16.32 Mn
Mar 31, 2023 15.83 Mn
Dec 31, 2022 17.15 Mn
Sep 30, 2022 17.67 Mn
Jun 30, 2022 14.15 Mn
Mar 31, 2022 13.04 Mn
Dec 31, 2021 11.66 Mn
Sep 30, 2021 11.77 Mn
Jun 30, 2021 12.11 Mn