Open Lending (LPRO) Operating Margin (2019 - 2026)
Open Lending (LPRO) posted Operating Margin of 3.09% for Q1 2026, down 178.94% sequentially from 3.91% in Q4 2025, and down 621.0% YoY from 0.59% in Q1 2025.
Open Lending (LPRO) Operating Margin (2019 - 2026) Analysis & Trends
Open Lending has reported Operating Margin for 8 years, with the latest figure at 3.09% in Q1 2026.
- Quarterly Operating Margin fell 621.0% year-over-year to 3.09% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.17% (up 39991.0% YoY) and the FY2025 annual result came in at 5.37%, up 26677.0% from the prior year.
- Operating Margin slipped to 3.09% in Q1 2026 per LPRO's latest filing, from 3.91% in the prior quarter.
- Over five years, Operating Margin peaked at 138.0% in Q4 2024 and troughed at 55.41% in Q4 2023.
- A 5-year average of 24.08% and a median of 17.44% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin soared 19341 bps in 2024, then tumbled 13409 bps in 2025.
- Over 5 years, Operating Margin stood at 17.8% in 2022, then tumbled by 411 bps to 55.41% in 2023, then soared by 349 bps to 138.0% in 2024, then plunged by 97 bps to 3.91% in 2025, then tumbled by 179 bps to 3.09% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 3.09%, 3.91%, and 31.86% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 59.12% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 60.22% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 17.85% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | - |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 16.44% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 8.51% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | -720.86% |
| 10 | Open Lending | 402.54 Mn | 217.59 Mn | 15.64 Mn | -3.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.09% |
| Dec 31, 2025 | 3.91% |
| Sep 30, 2025 | -31.86% |
| Jun 30, 2025 | 4.65% |
| Mar 31, 2025 | 3.12% |
| Dec 31, 2024 | 138.00% |
| Sep 30, 2024 | 7.95% |
| Jun 30, 2024 | 14.93% |
| Mar 31, 2024 | 23.82% |
| Dec 31, 2023 | -55.41% |
| Sep 30, 2023 | 17.44% |
| Jun 30, 2023 | 41.20% |
| Mar 31, 2023 | 44.57% |
| Dec 31, 2022 | 17.80% |
| Sep 30, 2022 | 54.86% |
| Jun 30, 2022 | 63.04% |
| Mar 31, 2022 | 64.40% |
| Dec 31, 2021 | 68.23% |
| Sep 30, 2021 | 69.18% |
| Jun 30, 2021 | 73.42% |