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Open Lending (LPRO) Tax Rate: 2018-2023

Historic Tax Rate for Open Lending (LPRO) over the last 4 years, with Dec 2023 value amounting to 23.52%.

  • Open Lending's Tax Rate fell 3273.00% to 0.21% in Q3 2025 from the same period last year, while for Sep 2024 it was 24.15%, marking a year-over-year decrease of 2032.00%. This contributed to the annual value of 23.52% for FY2023, which is 526.00% down from last year.
  • As of FY2023, Open Lending's Tax Rate stood at 23.52%, which was down 18.27% from 28.78% recorded in FY2022.
  • Over the past 5 years, Open Lending's Tax Rate peaked at 28.78% during FY2022, and registered a low of 23.52% during FY2023.
  • For the 3-year period, Open Lending's Tax Rate averaged around 25.30%, with its median value being 23.59% (2021).
  • In the last 5 years, Open Lending's Tax Rate spiked by 519bps in 2022 and then tumbled by 526bps in 2023.
  • Yearly analysis of 3 years shows Open Lending's Tax Rate stood at 23.59% in 2021, then skyrocketed by 519bps to 28.78% in 2022, then plummeted by 526bps to 23.52% in 2023.