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
DateValue
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%