Open Lending (LPRO) Price to Sales (2019 - 2026)
Open Lending's (LPRO) quarterly Price to Sales came in at 7.21 in Q1 2026, down 46.79% year-over-year from 13.55 in Q1 2025, and down 23.51% quarter-over-quarter from 9.43 in Q4 2025.
Analysis
Open Lending (LPRO) Price to Sales (2019 - 2026) Analysis & Trends
Open Lending has disclosed Price to Sales across 8 years of filings, most recently posting 7.21 for Q1 2026.
- In Q1 2026, Price to Sales fell 46.79% year-over-year to 7.21; the TTM figure through Mar 2026 stood at 1.65 (down 91.16% YoY), while the FY2025 annual figure was 1.96, down 93.4% from the prior year.
- Price to Sales came in at 7.21 for Q1 2026 at Open Lending, down from 9.43 in the prior quarter.
- In the past five years, Price to Sales ranged from a high of 67.69 in Q4 2023 to a low of 12.52 in Q4 2024.
- Average Price to Sales over 5 years is 23.39, with a median of 24.26 recorded in 2024.
- Year-over-year, Price to Sales tumbled 118.49% in 2024 and surged 175.32% in 2025.
- Over 5 years, Price to Sales stood at 31.12 in 2022, then surged by 117.51% to 67.69 in 2023, then tumbled by 118.49% to 12.52 in 2024, then surged by 175.32% to 9.43 in 2025, then slipped by 23.51% to 7.21 in 2026.
- Per Business Quant data, the three most recent Price to Sales figures were 7.21 in Q1 2026, 9.43 in Q4 2025, and 10.32 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 7.21 |
| Dec 31, 2025 | 9.43 |
| Sep 30, 2025 | 10.32 |
| Jun 30, 2025 | 9.06 |
| Mar 31, 2025 | 13.55 |
| Dec 31, 2024 | -12.52 |
| Sep 30, 2024 | 31.09 |
| Jun 30, 2024 | 24.90 |
| Mar 31, 2024 | 24.26 |
| Dec 31, 2023 | 67.69 |
| Sep 30, 2023 | 33.64 |
| Jun 30, 2023 | 33.25 |
| Mar 31, 2023 | 22.13 |
| Dec 31, 2022 | 31.12 |
| Sep 30, 2022 | 20.03 |
| Jun 30, 2022 | 24.81 |
| Mar 31, 2022 | 47.67 |
| Dec 31, 2021 | 54.95 |
| Sep 30, 2021 | 77.29 |
| Jun 30, 2021 | 88.96 |