Open Lending (LPRO) Tax Rate (2019 - 2026)
Open Lending's (LPRO) quarterly Tax Rate came in at 2.13% in Q1 2026, down 1273.0% year-on-year from 0.18% in Q1 2025, and up 100.73% quarter-over-quarter from 292.07% in Q4 2025.
Open Lending (LPRO) Tax Rate (2019 - 2026) Analysis & Trends
Open Lending has disclosed Tax Rate across 8 years of filings, most recently posting 2.13% for Q1 2026.
- Tax Rate for Q1 2026 came in at 2.13%, down 1273.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.41% (up 11358.0% YoY), and the FY2025 annual result was 21.1%, up 13008.0% from the prior year.
- Tax Rate came in at 2.13% for Q1 2026 at Open Lending, up from 292.07% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 202.07% in Q4 2022 to a low of 292.07% in Q4 2025.
- The 5-year median for Tax Rate is 26.41% (2022), against an average of 7.8%.
- Across the five-year window, Tax Rate soared 18199 bps in 2022 and plunged 20835 bps in 2025, its largest moves.
- Open Lending's 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 surged by 101 bps to 2.13% in 2026.
- The last three Tax Rate figures came in at 2.13% (Q1 2026), 292.07% (Q4 2025), and 0.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 16.07% |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 19.33% |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 21.36% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 19.19% |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 20.10% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 23.11% |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 4.19% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 16.45% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 20.25% |
| 10 | Open Lending | 248.51 Mn | 248.51 Mn | 15.64 Mn | 2.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.13% |
| Mar 31, 2026 | 2.13% |
| Dec 31, 2025 | -292.07% |
| Dec 31, 2025 | -292.07% |
| Sep 30, 2025 | 0.21% |
| Sep 30, 2025 | 0.21% |
| Jun 30, 2025 | 7.18% |
| Jun 30, 2025 | 7.18% |
| Mar 31, 2025 | 14.86% |
| Mar 31, 2025 | 14.86% |
| Dec 31, 2024 | -83.73% |
| Dec 31, 2024 | -83.73% |
| Sep 30, 2024 | 32.94% |
| Sep 30, 2024 | 32.94% |
| Jun 30, 2024 | 32.26% |
| Jun 30, 2024 | 32.26% |
| Mar 31, 2024 | 32.39% |
| Mar 31, 2024 | 32.39% |
| Dec 31, 2023 | 39.18% |
| Dec 31, 2023 | 39.18% |