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Open Lending Corporation LPRO Change in loss reserves

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Other financials

Income statement

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Revenue$20.5M-16.0%
Gross profit$15.6M-14.6%
Operating income-$633.0K-183%
Net income-$460.0K-175%
EPS (diluted)$0.00-100%

Balance sheet

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Cash & equivalents$185.0M-25.1%
Total debt$85.1M-39.7%
Total equity$75.3M-5.7%
Total assets$231.1M-24.0%

Cash flow

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Operating cash flow-$764.0K+80.1%
CapEx--100%
Free cash flow-$764.0K+80.3%

Valuation

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Market cap$369.17M+47.5%
Enterprise value$269.29M+86.4%
P/S4.1×

Profitability

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Gross margin77.2%
Operating margin32.6%-30.1pp
Net margin20.8%-27.5pp
FCF margin58.3%-4.1pp

Returns & leverage

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Return on equity-102.5%
Debt / equity1.1×-0.6×
Current ratio4.4×-1.8×

Where this comes from

Reported directly by Open Lending Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve.

The official record: Open Lending Corporation’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Open Lending Corporation's change in loss reserves?
Open Lending Corporation (LPRO) reported change in loss reserves of -$29K in Q1 2026.
How has Open Lending Corporation's change in loss reserves changed year-over-year?
Open Lending Corporation's change in loss reserves increased by 78.8% year-over-year, from -$137K to -$29K.
What is the long-term trend for Open Lending Corporation's change in loss reserves?
Over 4 years (2021 to 2025), Open Lending Corporation's change in loss reserves has grown at a 18.6% compound annual growth rate (CAGR), from $459K to $909K.
What does change in loss reserves mean?
Reflects the net change in the liability set aside to cover anticipated insurance claims and associated loss adjustment expenses. An increase in this reserve typically indicates higher expected future defaults, while a decrease may suggest favorable claims experience or adjustments in actuarial assumptions. Monitoring this metric is essential for assessing the adequacy of the company's risk underwriting and long-term financial stability.