Open Lending (LPRO) Operating Leases (2020 - 2026)
Open Lending's (LPRO) quarterly Operating Leases came in at $2.1 million in Q1 2026, down 30.32% year-over-year from $3.1 million in Q1 2025, and down 10.45% quarter-over-quarter from $2.4 million in Q4 2025.
Analysis
Open Lending (LPRO) Operating Leases (2020 - 2026) Analysis & Trends
Open Lending has disclosed Operating Leases across 7 years of filings, most recently posting $2.1 million for Q1 2026.
- In Q1 2026, Operating Leases fell 30.32% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $2.1 million (down 30.32% YoY), while the FY2025 annual figure was $2.4 million, down 41.21% from the prior year.
- Operating Leases came in at $2.1 million for Q1 2026 at Open Lending, down from $2.4 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $4.6 million in Q4 2022 to a low of $2.1 million in Q1 2026.
- Average Operating Leases over 5 years is $3.5 million, with a median of $3.6 million recorded in 2023.
- Year-over-year, Operating Leases decreased 0.73% in 2024 and slumped 41.21% in 2025.
- Over 5 years, Operating Leases stood at $4.6 million in 2022, then slipped by 12.08% to $4.1 million in 2023, then declined by 0.73% to $4.1 million in 2024, then tumbled by 41.21% to $2.4 million in 2025, then decreased by 10.45% to $2.1 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $2.1 million in Q1 2026, $2.4 million in Q4 2025, and $2.6 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.13 Mn |
| Dec 31, 2025 | 2.38 Mn |
| Sep 30, 2025 | 2.61 Mn |
| Jun 30, 2025 | 2.84 Mn |
| Mar 31, 2025 | 3.06 Mn |
| Dec 31, 2024 | 4.05 Mn |
| Sep 30, 2024 | 3.46 Mn |
| Jun 30, 2024 | 3.11 Mn |
| Mar 31, 2024 | 3.28 Mn |
| Dec 31, 2023 | 4.08 Mn |
| Sep 30, 2023 | 3.62 Mn |
| Jun 30, 2023 | 3.78 Mn |
| Mar 31, 2023 | 3.93 Mn |
| Dec 31, 2022 | 4.64 Mn |
| Sep 30, 2022 | 4.23 Mn |
| Jun 30, 2022 | 4.37 Mn |
| Mar 31, 2022 | 4.51 Mn |
| Dec 31, 2021 | 5.14 Mn |
| Sep 30, 2021 | 4.78 Mn |
| Jun 30, 2021 | 4.90 Mn |