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

Open Lending (LPRO) posted Operating Expenses of $16.3 million for Q1 2026, up 16.68% sequentially from $13.9 million in Q4 2025, and down 7.28% YoY from $17.5 million in Q1 2025.

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

Open Lending (LPRO) has 8 years of Operating Expenses data on file, last reported at $16.3 million in Q1 2026.

  • Quarterly Operating Expenses fell 7.28% year-over-year to $16.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $75.4 million (up 15.24% YoY) and the FY2025 annual result came in at $76.7 million, up 16.97% from the prior year.
  • Operating Expenses advanced to $16.3 million in Q1 2026 per LPRO's latest filing, from $13.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $26.6 million in Q3 2025, with the low at $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 slipped 13.91% in 2024 and surged 71.49% in 2025.
  • Open Lending's Operating Expenses stood at $17.2 million in 2022, then gained by 4.08% to $17.9 million in 2023, then decreased by 13.91% to $15.4 million in 2024, then retreated by 9.27% to $13.9 million in 2025, then climbed by 16.68% to $16.3 million in 2026.
  • Business Quant data shows LPRO's Operating Expenses at $16.3 million in Q1 2026, $13.9 million in Q4 2025, and $26.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 4.00 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 3.49 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 13.88 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 6.87 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 950.34 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 891.92 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.24 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 422.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -363.39 Mn
10 Open Lending 366.29 Mn 181.34 Mn 15.64 Mn 16.27 Mn

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