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 has reported Operating Expenses for 8 years, with the latest figure 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.
  • Over five years, Operating Expenses peaked at $26.6 million in Q3 2025 and troughed at $13.0 million in Q1 2022.
  • A 5-year average of $16.9 million and a median of $16.3 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses retreated 13.91% in 2024, then soared 71.49% in 2025.
  • Over 5 years, Operating Expenses stood at $17.2 million in 2022, then rose by 4.08% to $17.9 million in 2023, then retreated by 13.91% to $15.4 million in 2024, then fell by 9.27% to $13.9 million in 2025, then advanced by 16.68% to $16.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $16.3 million, $13.9 million, and $26.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 4.76 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 3.69 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 14.48 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 9.04 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 7.26 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 1.33 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 950.34 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 891.92 Mn
10 Open Lending 402.54 Mn 217.59 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