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Open Lending Corporation LPRO Profit share — Customer Refund Liability, 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:CustomerRefundLiabilityRealizedLoss.

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 — customer refund liability, realized loss?
Open Lending Corporation (LPRO) reported profit share — customer refund liability, realized loss of $3.26M in Q1 2026.
What does profit share — customer refund liability, realized loss mean?
This metric represents the actual losses incurred that are offset against the customer refund liability within the profit share segment. It reflects the financial impact of insurance claims or credit defaults that trigger a reduction in the company's obligation to refund or share profits with partners. Monitoring this helps investors understand the direct cost of risk-sharing arrangements on the company's balance sheet.