What is Open Lending Corporation's gross margin?

Open Lending Corporation (LPRO) reported gross margin of 77.2% in Q1 2026.

What is the long-term trend for Open Lending Corporation's gross margin?

Over 4 years (2020 to 2025), Open Lending Corporation's gross margin has grown at a -4.1% compound annual growth rate (CAGR), from 91% to 76.9%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Open Lending Corporation LPRO Gross margin

Gross margin at other companies

Henry (Jack) & AssociatesJKHY

44.1%+2.0pp

SoFi Technologies, Inc.SOFI

83.6%+1.4pp

Pagaya TechnologiesPGY

42.9%+0.4pp

Q2 HoldingsQTWO

55.6%+3.8pp

Upbound Group, Inc.UPBD

48.7%+1.0pp

Atlanticus Holdings CorporationATLC

72.4%+1.4pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$764.0K+80.1%

CapEx--100%

Free cash flow-$764.0K+80.3%

Valuation

See full

Market cap$369.17M+47.5%

Enterprise value$269.29M+86.4%

P/S4.1×—

Profitability

See full

Operating margin32.6%-30.1pp

Net margin20.8%-27.5pp

FCF margin58.3%-4.1pp

Returns & leverage

See full

Return on equity-102.5%—

Debt / equity1.1×-0.6×

Current ratio4.4×-1.8×

Where this comes from

Calculated from Open Lending Corporation’s reported figures.

gross profit/total revenue=77.2%

Based on trailing twelve months.

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

Ask your AI about Open Lending Corporation's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Open Lending Corporation's gross margin?: Open Lending Corporation (LPRO) reported gross margin of 77.2% in Q1 2026.
What is the long-term trend for Open Lending Corporation's gross margin?: Over 4 years (2020 to 2025), Open Lending Corporation's gross margin has grown at a -4.1% compound annual growth rate (CAGR), from 91% to 76.9%.
What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.