Open Lending reported revenue of $20.49M and net income of -$0.46M for the quarter ended Mar 2026, down 16.0% year over year. This income statement covers 29 quarters of results from Dec 2018 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2018 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||
| Revenue | 61.12M | 58.89M | 51.63M | 50.07M | 52.04M | 50.66M | 26.82M | 38.36M | 38.15M | 26.01M | 14.94M | 30.75M | 26.73M | 23.48M | -56.92M | 24.39M | 25.31M | 24.17M | 19.34M | 20.49M | |||||||||
| Cost of RevenueCost of Rev | 4.14M | 6.38M | 4.74M | 4.79M | 5.08M | 5.20M | 4.90M | 5.43M | 6.12M | 5.37M | 5.37M | 5.75M | 5.71M | 6.13M | 6.26M | 6.08M | 5.51M | 5.32M | 4.64M | 4.85M | |||||||||
| Gross Profit | 56.98M | 52.51M | 46.89M | 45.28M | 46.96M | 45.46M | 21.93M | 32.93M | 32.04M | 20.64M | 9.57M | 25.00M | 21.01M | 17.35M | -63.19M | 18.31M | 19.80M | 18.85M | 14.70M | 15.64M | |||||||||
| Operating items | |||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 2.95M | 3.31M | 3.34M | 3.73M | 3.99M | 5.98M | 4.15M | 4.41M | 4.22M | 4.51M | 4.35M | 4.21M | 4.15M | 4.90M | 3.96M | 4.38M | 4.15M | 3.44M | 2.83M | 2.92M | |||||||||
| Selling, General & AdministrativeSG&A | 8.38M | 7.20M | 6.60M | 7.48M | 7.97M | 9.34M | 11.16M | 10.20M | 10.97M | 9.88M | 12.00M | 11.98M | 11.74M | 9.59M | 10.55M | 10.90M | 11.96M | 21.06M | 9.17M | 11.59M | |||||||||
| Other Operating ExpensesOther Opex | 55.42M | 1.82M | 2.19M | 2.35M | 1.84M | 1.23M | 1.13M | 1.72M | 1.50M | 1.48M | 1.13M | 0.99M | 0.86M | 2.27M | 2.52M | 2.05M | 1.95M | 1.77M | |||||||||||
| Operating ExpensesOpex | 12.11M | 11.77M | 11.66M | 13.04M | 14.15M | 17.67M | 17.15M | 15.83M | 16.32M | 16.10M | 17.85M | 17.67M | 17.02M | 15.48M | 15.37M | 17.55M | 18.62M | 26.55M | 13.94M | 16.27M | |||||||||
| Operating IncomeOp. Inc | 44.88M | 40.74M | 35.23M | 32.24M | 32.81M | 27.79M | 4.77M | 17.10M | 15.72M | 4.54M | -8.28M | 7.32M | 3.99M | 1.87M | -78.56M | 0.76M | 1.18M | -7.70M | 0.76M | -0.63M | |||||||||
| EBIT | 44.88M | 40.74M | 35.23M | 32.24M | 32.81M | 27.79M | 4.77M | 17.10M | 15.72M | 4.54M | -8.28M | 7.32M | 3.99M | 1.87M | -78.56M | 0.76M | 1.18M | -7.70M | 0.76M | -0.63M | |||||||||
| Non-operating items | |||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 1.12M | 0.96M | 0.49M | 0.80M | 1.12M | 1.61M | 2.30M | 2.39M | 2.65M | 2.80M | 2.82M | 2.77M | 2.74M | 2.96M | 2.85M | 2.59M | 2.42M | 2.43M | 2.22M | 1.33M | |||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.06M | 0.04M | 0.04M | 0.03M | 0.02M | 0.32M | 1.63M | 2.06M | 2.45M | 2.80M | 3.02M | 2.97M | 3.09M | 3.22M | 2.81M | 2.50M | 2.36M | 2.36M | 2.10M | 1.49M | |||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.00M | 0.00M | 0.02M | -0.24M | 0.00M | -0.01M | -0.00M | 0.12M | 0.18M | -0.20M | |||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||
| EBT | 99.23M | 39.82M | 34.78M | 31.46M | 31.71M | 26.27M | 4.10M | 16.77M | 15.51M | 4.54M | -7.96M | 7.52M | 4.34M | 2.12M | -78.59M | 0.67M | 1.11M | -7.58M | 0.43M | -0.47M | |||||||||
| Tax ProvisionsTaxes | 23.30M | 10.40M | 6.96M | 8.31M | 8.60M | 1.74M | 8.29M | 4.24M | 4.14M | 1.53M | -3.12M | 2.44M | 1.44M | 0.70M | 65.81M | 0.10M | 0.10M | -0.02M | -1.25M | -0.01M | |||||||||
| Profit After TaxPAT | 75.97M | 29.41M | 27.84M | 23.15M | 23.13M | 24.53M | -4.19M | 12.54M | 11.37M | 3.00M | -4.84M | 5.09M | 2.90M | 1.44M | -144.44M | 0.62M | 1.03M | -7.57M | 1.68M | -0.46M | |||||||||
| Income from Continuing OperationsIncome (Continuing) | 75.93M | 29.41M | 27.83M | 23.15M | 23.11M | 24.53M | -4.19M | 12.54M | 11.37M | 3.00M | -4.84M | 5.09M | 2.90M | 1.43M | -144.40M | 0.57M | 1.01M | -7.57M | 1.68M | -0.46M | |||||||||
| Consolidated Net IncomeConsol Net Inc. | 75.93M | 29.41M | 27.83M | 23.15M | 23.11M | 24.53M | -4.19M | 12.54M | 11.37M | 3.00M | -4.84M | 5.09M | 2.90M | 1.43M | -144.40M | 0.57M | 1.01M | -7.57M | 1.68M | -0.46M | |||||||||
| Income towards Parent CompanyParent Net Inc | 75.93M | 29.41M | 27.83M | 23.15M | 23.11M | 24.53M | -4.19M | 12.54M | 11.37M | 3.00M | -4.84M | 5.09M | 2.90M | 1.43M | -144.40M | 0.57M | 1.01M | -7.57M | 1.68M | -0.46M | |||||||||
| Preferred Dividend PaymentsPref Dividends | |||||||||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | 75.97M | 29.41M | 27.84M | 23.15M | 23.13M | 24.53M | -4.19M | 12.54M | 11.37M | 3.00M | -4.84M | 5.09M | 2.90M | 1.43M | -144.40M | 0.57M | 1.01M | -7.57M | 1.68M | -0.46M | |||||||||
| Additional items | |||||||||||||||||||||||||||||
| EPS (Basic) | 0.60 | 0.23 | 0.22 | 0.18 | 0.18 | 0.19 | -0.03 | 0.10 | 0.09 | 0.02 | -0.04 | 0.04 | 0.02 | 0.01 | -1.21 | 0.00 | 0.01 | -0.06 | 0.01 | 0.00 | |||||||||
| EPS (Diluted) | 0.60 | 0.23 | 0.22 | 0.18 | 0.18 | 0.19 | -0.03 | 0.10 | 0.09 | 0.02 | -0.04 | 0.04 | 0.02 | 0.01 | -1.21 | 0.00 | 0.01 | -0.06 | 0.01 | 0.00 | |||||||||
| Shares Outstanding | 126.23M | 126.19M | 126.35M | 126.22M | 126.22M | 126.23M | 126.11M | 123.12M | 120.65M | 120.22M | 120.83M | 118.93M | 119.21M | 119.25M | 119.18M | 119.45M | 118.87M | 118.17M | 118.60M | 117.78M | |||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 126.27M | 126.25M | 126.39M | 126.22M | 126.22M | 126.23M | 126.26M | 123.42M | 121.54M | 121.30M | 121.47M | 119.42M | 119.33M | 119.48M | 119.18M | 119.63M | 119.00M | 118.17M | 118.60M | 117.78M | |||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 126.19M | 126.19M | 126.21M | 126.22M | 126.23M | 126.23M | 123.65M | 120.59M | 120.70M | 119.50M | 118.82M | 119.15M | 119.25M | 119.26M | 119.35M | 119.78M | 118.17M | 118.18M | 117.66M | 118.22M | |||||||||
| EBITDA | 44.88M | 40.74M | 35.23M | 32.24M | 32.81M | 27.79M | 4.77M | 17.10M | 15.72M | 4.54M | -8.28M | 7.32M | 3.99M | 1.87M | -78.56M | 0.76M | 1.18M | -7.70M | 0.76M | -0.63M | |||||||||
| Interest ExpensesInt Expense | 1.12M | 0.96M | 0.49M | 0.80M | 1.12M | 1.61M | 2.30M | 2.39M | 2.65M | 2.80M | 2.82M | 2.77M | 2.74M | 2.96M | 2.85M | 2.59M | 2.42M | 2.43M | 2.22M | 1.33M | |||||||||
| Tax Rate | 23.48% | 26.13% | 20.01% | 26.41% | 27.12% | 6.61% | 202.07% | 25.25% | 26.69% | 33.78% | 39.18% | 32.39% | 33.13% | 32.94% | -83.73% | 14.86% | 8.98% | 0.21% | -292.07% | 2.13% |