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Open Lending Corporation LPRO Reportable Segment — IT services

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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 us-gaap:InformationTechnologyAndDataProcessing.

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 reportable segment — IT services?
Open Lending Corporation (LPRO) reported reportable segment — IT services of $1.09M in Q1 2026.
How has Open Lending Corporation's reportable segment — IT services changed year-over-year?
Open Lending Corporation's reportable segment — IT services increased by 11.1% year-over-year, from $980K to $1.09M.
What is the long-term trend for Open Lending Corporation's reportable segment — IT services?
Over 3 years (2022 to 2025), Open Lending Corporation's reportable segment — IT services has grown at a 3.5% compound annual growth rate (CAGR), from $3.53M to $3.91M.
What does reportable segment — IT services mean?
Represents the costs associated with maintaining and upgrading the information technology infrastructure required to support automated lending services. This includes expenses for software maintenance, cloud hosting, and technical support systems essential for risk modeling and decision technology.