Open Lending (LPRO) Tax Rate (2019 - 2026)
Open Lending (LPRO) posted Tax Rate of 2.13% for Q1 2026, up 100.73% sequentially from 292.07% in Q4 2025, and down 619.0% YoY from 0.41% in Q1 2025.
Open Lending (LPRO) Tax Rate (2019 - 2026) Analysis & Trends
Open Lending has reported Tax Rate for 8 years, with the latest figure at 2.13% in Q1 2026.
- Quarterly Tax Rate fell 619.0% year-over-year to 2.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.41% (up 11356.0% YoY) and the FY2025 annual result came in at 21.1%, up 13008.0% from the prior year.
- Tax Rate grew to 2.13% in Q1 2026 per LPRO's latest filing, from 292.07% in the prior quarter.
- Over five years, Tax Rate peaked at 202.07% in Q4 2022 and troughed at 292.07% in Q4 2025.
- A 5-year average of 7.38% and a median of 26.38% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate surged 18211 bps in 2022, then plunged 20835 bps in 2025.
- Over 5 years, Tax Rate stood at 202.07% in 2022, then slumped by 81 bps to 39.18% in 2023, then slumped by 314 bps to 83.73% in 2024, then slumped by 249 bps to 292.07% in 2025, then jumped by 101 bps to 2.13% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 2.13%, 292.07%, and 0.21% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 17.64% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 20.01% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 23.61% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 20.90% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 15.73% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 25.38% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 4.17% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 16.45% |
| 10 | Open Lending | 402.54 Mn | 217.59 Mn | 15.64 Mn | 2.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.13% |
| Mar 31, 2026 | 2.13% |
| Mar 31, 2026 | 2.13% |
| Dec 31, 2025 | -292.07% |
| Dec 31, 2025 | -292.07% |
| Dec 31, 2025 | -292.07% |
| Sep 30, 2025 | 0.21% |
| Sep 30, 2025 | 0.21% |
| Sep 30, 2025 | 0.21% |
| Jun 30, 2025 | 7.18% |
| Jun 30, 2025 | 7.18% |
| Jun 30, 2025 | 7.18% |
| Mar 31, 2025 | 8.32% |
| Mar 31, 2025 | 8.32% |
| Mar 31, 2025 | 8.32% |
| Dec 31, 2024 | -83.73% |
| Dec 31, 2024 | -83.73% |
| Dec 31, 2024 | -83.73% |
| Sep 30, 2024 | 32.38% |
| Sep 30, 2024 | 32.38% |