Open Lending Corporation LPRO Contract Liabilities and Refund Liability
Contract Liabilities and Refund Liability at other companies
Other financials
Where this comes from
Reported directly by Open Lending Corporation in its filing.
Tagged under the XBRL concept us-gaap:CustomerRefundLiabilityCurrent.
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 contract liabilities and refund liability?
- Open Lending Corporation (LPRO) reported contract liabilities and refund liability of $20.51M in Q1 2026.
- How has Open Lending Corporation's contract liabilities and refund liability changed year-over-year?
- Open Lending Corporation's contract liabilities and refund liability increased by 17.5% year-over-year, from $17.45M to $20.51M.
- What does contract liabilities and refund liability mean?
- This represents deferred revenue obligations for services promised but not yet delivered, alongside potential obligations to refund customers. It serves as a measure of unearned income and the company's exposure to service performance or contract cancellation risks. A growing balance often indicates strong sales momentum, but also highlights future service delivery requirements.