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Open Lending Corporation LPRO Profit share — Contract With Customer, Asset, Realized Loss

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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:ContractWithCustomerAssetRealizedLoss.

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 profit share — contract with customer, asset, realized loss?
Open Lending Corporation (LPRO) reported profit share — contract with customer, asset, realized loss of $3.3M in Q1 2026.
What does profit share — contract with customer, asset, realized loss mean?
Quantifies the actual losses incurred on contract assets that have been written off or settled below their carrying value. This provides insight into the credit quality and performance of the underlying assets within the profit-sharing portfolio.