Open Lending Corporation (LPRO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 15.64M | 14.7M | 18.85M | 19.8M | 18.31M | -63.19M | 17.35M | 21.01M | 25M | 9.57M | 20.64M | 32.04M | 32.93M | 21.93M | 45.46M | 46.96M | 45.28M | 46.89M | 52.51M | 56.98M |
| Gross Margin % | 76.31% | 75.99% | 78% | 78.23% | 75.06% | 111.01% | 73.9% | 78.62% | 81.3% | 64.09% | 79.35% | 83.97% | 85.84% | 81.75% | 89.74% | 90.23% | 90.44% | 90.82% | 89.17% | 93.23% |
| Gross Profit Growth % | -14.59% | 123.27% | 8.66% | -5.77% | -26.75% | -760.01% | -15.93% | -34.41% | -24.1% | -56.33% | -54.61% | -31.78% | -27.27% | -53.24% | -13.43% | -17.59% | 11.4% | 27.89% | 92.59% | 181.55% |
| Operating Expenses | 16.27M | 13.94M | 26.55M | 18.63M | 17.55M | 15.37M | 15.48M | 17.02M | 17.67M | 17.85M | 16.1M | 16.32M | 15.83M | 17.15M | 17.67M | 14.15M | 13.04M | 11.66M | 11.77M | 12.11M |
| OpEx % of Revenue | 79.4% | 72.08% | 109.86% | 73.59% | 71.93% | -27% | 65.95% | 63.7% | 57.48% | 119.49% | 61.91% | 42.77% | 41.28% | 63.95% | 34.88% | 27.19% | 26.04% | 22.59% | 19.99% | 19.81% |
| Selling, General & Admin | 16.67M | 12M | 24.5M | 20.97M | 15.28M | 14.51M | 14.49M | 15.89M | 16.19M | 16.35M | 14.38M | 15.19M | 14.6M | 15.31M | 15.32M | 11.96M | 11.21M | 9.94M | 10.51M | 11.34M |
| SG&A % of Revenue | 81.35% | 62.03% | 101.38% | 82.86% | 62.64% | -25.48% | 61.73% | 59.47% | 52.67% | 109.45% | 55.31% | 39.81% | 38.07% | 57.09% | 30.23% | 22.98% | 22.4% | 19.26% | 17.84% | 18.54% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -633K | 757K | -7.7M | 1.18M | 762K | -78.56M | 1.87M | 3.99M | 7.32M | -8.28M | 4.54M | 15.72M | 17.1M | 4.77M | 27.79M | 32.81M | 32.24M | 35.23M | 40.74M | 44.88M |
| Operating Margin % | -3.09% | 3.91% | -31.86% | 4.65% | 3.12% | 138% | 7.95% | 14.93% | 23.82% | -55.41% | 17.44% | 41.2% | 44.57% | 17.8% | 54.86% | 63.04% | 64.4% | 68.23% | 69.18% | 73.42% |
| Operating Income Growth % | -183.07% | 100.96% | -512.7% | -70.53% | -89.59% | -849.1% | -58.86% | -74.62% | -57.17% | -273.41% | -83.68% | -52.09% | -46.98% | -86.45% | -31.78% | -26.89% | 9.5% | 45.05% | 108.34% | 1037.28% |
| EBITDA | 23K | 1.41M | -7.08M | 1.77M | 1.31M | -78.16M | 2.36M | 4.41M | 7.7M | -7.94M | 4.86M | 15.97M | 17.34M | 5.43M | 28M | 33.03M | 32.46M | 35.52M | 41.17M | 45.16M |
| EBITDA Margin % | 0.11% | 7.29% | -29.29% | 6.98% | 5.35% | 137.31% | 10.05% | 16.48% | 25.03% | -53.16% | 18.7% | 41.86% | 45.2% | 20.25% | 55.28% | 63.48% | 64.84% | 68.8% | 69.9% | 73.88% |
| EBITDA Growth % | -98.24% | 101.8% | -399.92% | -59.91% | -83.03% | -884.19% | -51.48% | -72.42% | -55.62% | -246.21% | -82.63% | -51.65% | -46.59% | -84.71% | -31.98% | -26.85% | 8.33% | 42.41% | 109.29% | 904.67% |
| D&A (Non-Cash Add-back) | 656K | 653K | 623K | 590K | 544K | 393K | 494K | 415K | 372K | 335K | 328K | 252K | 244K | 659K | 212K | 226K | 221K | 293K | 429K | 283K |
| EBIT | -633K | 2.65M | -5.15M | 1.18M | 3.26M | -75.75M | 5.09M | 3.99M | 10.29M | -5.14M | 7.33M | 18.17M | 19.16M | 6.4M | 27.87M | 32.83M | 32.27M | 35.27M | 40.74M | 100.36M |
| Net Interest Income | 163K | -125K | -69K | -62K | -89K | -37K | 259K | 350K | 201K | 198K | 2K | -203K | -323K | -670K | -1.29M | -1.1M | -778K | -453K | -924K | -1.06M |
| Interest Income | 1.49M | 2.1M | 2.36M | 2.36M | 2.5M | 2.81M | 3.22M | 3.09M | 2.97M | 3.02M | 2.8M | 2.45M | 2.06M | 1.63M | 321K | 22K | 25K | 36K | 35K | 58K |
| Interest Expense | 1.33M | 2.22M | 2.43M | 2.42M | 2.59M | 2.85M | 2.96M | 2.74M | 2.77M | 2.82M | 2.8M | 2.65M | 2.39M | 2.3M | 1.61M | 1.12M | 803K | 489K | 959K | 1.12M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -470K | 429K | -7.58M | 1.11M | 673K | -78.59M | 2.13M | 4.34M | 7.52M | -7.96M | 4.54M | 15.51M | 16.77M | 4.1M | 26.27M | 31.71M | 31.46M | 34.78M | 39.82M | 99.23M |
| Pretax Margin % | -2.29% | 2.22% | -31.38% | 4.4% | 2.76% | 138.07% | 9.05% | 16.24% | 24.47% | -53.29% | 17.44% | 40.65% | 43.72% | 15.3% | 51.84% | 60.92% | 62.84% | 67.37% | 67.61% | 162.34% |
| Income Tax | -10K | -1.25M | -16K | 80K | 56K | 65.84M | 688K | 1.44M | 2.44M | -3.12M | 1.53M | 4.14M | 4.24M | 8.29M | 1.74M | 8.58M | 8.31M | 6.95M | 10.4M | 23.27M |
| Effective Tax Rate % | 2.13% | -292.07% | 0.21% | 7.18% | 8.32% | -83.77% | 32.38% | 33.13% | 32.39% | 39.18% | 33.78% | 26.69% | 25.25% | 202.07% | 6.61% | 27.06% | 26.41% | 19.97% | 26.13% | 23.45% |
| Net Income | -460K | 1.68M | -7.57M | 1.03M | 617K | -144.44M | 1.44M | 2.9M | 5.09M | -4.84M | 3M | 11.37M | 12.54M | -4.19M | 24.53M | 23.13M | 23.15M | 27.84M | 29.41M | 75.97M |
| Net Margin % | -2.24% | 8.69% | -31.32% | 4.09% | 2.53% | 253.73% | 6.12% | 10.86% | 16.55% | -32.41% | 11.55% | 29.8% | 32.68% | -15.62% | 48.42% | 44.44% | 46.25% | 53.92% | 49.95% | 124.28% |
| Net Income Growth % | -174.55% | 101.16% | -626.72% | -64.37% | -87.87% | -2882.98% | -52.15% | -74.48% | -59.43% | -15.59% | -87.76% | -50.83% | -45.85% | -115.05% | -16.61% | -69.56% | 80.02% | 83.13% | 141.35% | 252.53% |
| Net Income (Continuing) | -460K | 1.68M | -7.57M | 1.03M | 617K | -144.44M | 1.44M | 2.9M | 5.09M | -4.84M | 3M | 11.37M | 12.54M | -4.19M | 24.53M | 23.13M | 23.15M | 27.84M | 29.41M | 75.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.00 | 0.01 | -0.06 | 0.01 | 0.01 | -1.21 | 0.01 | 0.02 | 0.04 | -0.04 | 0.02 | 0.09 | 0.10 | -0.03 | 0.19 | 0.18 | 0.18 | 0.23 | 0.23 | 0.60 |
| EPS Growth % | - | 101.17% | -633.33% | -64.61% | -87% | -2880.3% | -51.61% | -74.04% | -60% | -21.92% | -86.95% | -48% | -44.44% | -114.48% | -17.39% | -70% | 80% | 76.92% | 137.1% | 159.41% |
| EPS (Basic) | -0.00 | 0.01 | -0.06 | 0.01 | 0.01 | -1.21 | 0.01 | 0.02 | 0.04 | -0.04 | 0.03 | 0.09 | 0.10 | -0.03 | 0.19 | 0.18 | 0.18 | 0.23 | 0.23 | 0.60 |
| Diluted Shares Outstanding | 117.78M | 118.6M | 118.17M | 119.64M | 119.63M | 119.33M | 119.48M | 119.33M | 119.42M | 119.37M | 121.3M | 121.54M | 123.42M | 125.76M | 126.23M | 126.22M | 126.22M | 126.22M | 126.25M | 126.27M |
| Basic Shares Outstanding | 117.78M | 118.6M | 118.17M | 119.16M | 119.45M | 119.33M | 119.25M | 119.21M | 118.93M | 119.37M | 120.22M | 120.65M | 125.38M | 125.76M | 126.23M | 126.22M | 126.22M | 126.2M | 126.19M | 126.23M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |