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 (LPRO) has 8 years of Operating Margin data on file, last reported 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.
- The five-year high for Operating Margin was 138.0% in Q4 2024, with the low at 55.41% in Q4 2023.
- Average Operating Margin over 5 years is 24.08%, with a median of 17.44% recorded in 2023.
- Year-over-year, Operating Margin surged 19341 bps in 2024 and sank 13409 bps in 2025.
- Open Lending's Operating Margin stood at 17.8% in 2022, then plunged by 411 bps to 55.41% in 2023, then jumped by 349 bps to 138.0% in 2024, then sank by 97 bps to 3.91% in 2025, then plunged by 179 bps to 3.09% in 2026.
- Business Quant data shows LPRO's Operating Margin at 3.09% in Q1 2026, 3.91% in Q4 2025, and 31.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 64.42% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 58.43% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 18.77% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 17.81% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 26.44% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 3.39% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 35.49% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 24.11% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 15.96% |
| 10 | Open Lending | 366.29 Mn | 181.34 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% |