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Open Lending Corporation LPRO Third-party claims administration liability

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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 lpro:LiabilityForClaimsAndClaimsAdjustmentExpenseCurrent.

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 third-party claims administration liability?
Open Lending Corporation (LPRO) reported third-party claims administration liability of $11.68M in Q1 2026.
How has Open Lending Corporation's third-party claims administration liability changed year-over-year?
Open Lending Corporation's third-party claims administration liability increased by 9.5% year-over-year, from $10.66M to $11.68M.
What is the long-term trend for Open Lending Corporation's third-party claims administration liability?
Over 5 years (2020 to 2025), Open Lending Corporation's third-party claims administration liability has grown at a 35.2% compound annual growth rate (CAGR), from $2.59M to $11.71M.
What does third-party claims administration liability mean?
This represents the estimated financial obligation for claims and associated administrative costs related to insured loan portfolios. It reflects the company's exposure to credit risk and potential payouts under its risk-sharing or insurance programs. Changes in this liability provide insight into the underlying credit quality of the insured loan book and the accuracy of historical loss modeling.