Open Lending (LPRO) Tax Rate (2019 - 2025)
Open Lending's Tax Rate history spans 7 years, with the latest figure at 0.21% for Q3 2025.
- For Q3 2025, Tax Rate fell 3217.0% year-over-year to 0.21%; the TTM value through Sep 2025 reached 78.07%, down 10317.0%, while the annual FY2024 figure was 108.98%, 13250.0% down from the prior year.
- Tax Rate for Q3 2025 was 0.21% at Open Lending, down from 3.95% in the prior quarter.
- Across five years, Tax Rate topped out at 202.73% in Q4 2022 and bottomed at 83.73% in Q4 2024.
- The 5-year median for Tax Rate is 26.13% (2021), against an average of 26.65%.
- The largest annual shift saw Tax Rate skyrocketed 18276bps in 2022 before it plummeted -16489bps in 2023.
- A 5-year view of Tax Rate shows it stood at 19.97% in 2021, then skyrocketed by 915bps to 202.73% in 2022, then tumbled by -81bps to 37.83% in 2023, then plummeted by -321bps to 83.73% in 2024, then soared by 100bps to 0.21% in 2025.
- Per Business Quant, the three most recent readings for LPRO's Tax Rate are 0.21% (Q3 2025), 3.95% (Q2 2025), and 8.32% (Q1 2025).