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| Date | Value |
|---|---|
| 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 |