LPRO - NASDAQ

Open Lending Corporation

LPRO·NASDAQ

$2.18

-12%

Financial ServicesFinancial - Credit Services

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$257.71M

EPS-0.0357

P/E Ratio-61.06

Earnings Date08/05/2026

236.68M

Assets

-20%

3Y-38.0%

5Y-19.0%

10Y+96536.0%

161.72M

Total Liabilities

-26%

3Y-3.0%

5Y-40.0%

10Y+64432.0%

74.96M

Total Equity

-4%

3Y-65.0%

5Y+182.0%

10Y-1319354.0%

Open Lending Corporation Funding & Solvency Profile

LPRO · NASDAQ

Current Assets

Cash & Cash Equivalents176.61M

Net Receivables29.05M

Inventory0.00

Other Current Assets17.02M

Total Current Assets223 M

Non-Current Assets

Property, Plant & Equipment3.52M

Goodwill & Intangible Assets4.05M

Long-Term Investments2.89M

Other Non-Current Assets3.53M

Total Non-Current Assets10 M

Total Assets

236.68M

Financial Health Analysis

Current Ratio

4.52x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.16x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

173 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

94% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Open Lending Corporation Balance Sheet

LPRO • NASDAQ

Open Lending Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	176.6M	243.2M	240.2M	204.5M	116.5M	101.5M	7.7M	1.2M	25K
Cash & Short-Term Investments	176.6M	243.2M	240.2M	204.5M	116.5M	101.5M	7.7M	1.2M	25K
Net Receivables	29.1M	18.6M	40.4M	69.9M	78.4M	54.7M	33.5M	10.4M	0.0
Accounts Receivables	25.8M	15M	33.3M	5.7M	6.5M	4.4M	3.8M	10.4M	0.0
Other Receivables	3.2M	3.6M	7M	64.1M	71.9M	50.4M	29.8M	0.0	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	3.8M	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	2.5M	1.9M	479K	5K	0.0
Other Current Assets	17M	14M	9.3M	6.4M	5.4M	4.7M	3.5M	5K	0.0
Total Current Assets	222.7M	275.7M	289.9M	280.7M	202.8M	162.8M	45.2M	1.2M	25K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	3.5M	4.6M	7.9M	7.2M	7.9M	6.9M	299K	305K	0.0
Intangible Assets	4M	5.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	4M	5.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	2.9M	5.1M	0.0	0.0	0.0	0.0	33.2M	278.3M	0.0
Tax Assets	0.0	0.0	70.1M	65.1M	65.5M	85.2M	0.0	0.0	0.0
Other Non-Current Assets	3.5M	5.6M	6.1M	26.6M	42.7M	39.1M	506K	-305K	219.9K
Total Non-Current Assets	14M	20.6M	84.2M	98.9M	116M	131.2M	34M	278.3M	219.9K
Total Assets	236.7M	296.4M	374M	379.6M	318.8M	294M	79.2M	279.5M	244.9K
LIABILITIES
CURRENT LIABILITIES
Total Payables	446K	953K	375K	288K	1.3M	5.1M	1.3M	55.4K	0.0
Accounts Payable	446K	953K	375K	288K	1.3M	3.4M	1.3M	55.4K	0.0
Other Payables	0.0	0.0	0.0	0.0	0.0	1.6M	0.0	0.0	0.0
Accrued Expenses	0.0	0.0	8.1M	6.4M	4M	3M	2M	8.6M	0.0
Short Term Debt	8.4M	7.5M	4.7M	3.8M	3.1M	4.9M	2.5M	2.5M	221.2K
Capital Lease Obligations (Current)	0.0	779K	632K	561K	495K	364K	0.0	0.0	0.0
Tax Payables	0.0	0.0	0.0	0.0	0.0	1.6M	0.0	55.4K	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	2M	-3.2M	0.0
Other Current Liabilities	40.4M	38M	6.8M	4.1M	3.2M	3.6M	2.4M	2.7M	29.4K
Total Current Liabilities	49.3M	47.3M	20.6M	15.1M	12.1M	17M	8.2M	362.4K	250.6K
NON-CURRENT LIABILITIES
Long Term Debt	77.3M	132.2M	139.4M	143.7M	143.1M	152.9M	829K	3.3M	0.0
Other Non-Current Liabilities	32.8M	35.5M	5.1M	3.9M	0.0	92.4M	304.9M	6.3M	0.0
Total Non-Current Liabilities	112.5M	171M	147.9M	151.7M	147.8M	250.4M	305.8M	9.6M	0.0
Capital Lease Obligations	2.4M	4.1M	4.1M	4.6M	5.1M	5.5M	0.0	0.0	0.0
Total Liabilities	161.7M	218.3M	168.5M	166.8M	159.8M	267.4M	314M	10M	250.6K
SHAREHOLDERS' EQUITY
Treasury Stock	-91M	-97.1M	-104M	-72.3M	-56.8M	-37.5M	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	304.9M	264.5M	0.0
Common Stock	1.3M	1.3M	1.3M	1.3M	1.3M	1.3M	376K	793.0	719.0
Additional Paid-In Capital	497.7M	502.7M	502M	499.6M	497M	491.2M	7.6M	0.0	0.0
Retained Earnings	-333M	-328.8M	-193.7M	-215.8M	-282.4M	-428.4M	-242.8M	2.7M	-30.7K
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	-304.9M	-791.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.3M	24.3K
Total Stockholders' Equity	75M	78.1M	205.6M	212.8M	159M	26.6M	-234.8M	269.5M	-5.7K
Total Equity	75M	78.1M	205.6M	212.8M	159M	26.6M	-234.8M	269.5M	-5.7K
SUMMARY
Total Liabilities & Equity	236.7M	296.4M	374M	379.6M	318.8M	294M	79.2M	279.5M	244.9K
Total Investments	2.9M	5.1M	0.0	0.0	0.0	0.0	33.2M	278.3M	0.0
Total Debt	88M	143.8M	148.1M	152.1M	151.4M	163.2M	3.3M	5.8M	221.2K
Net Debt	-88.6M	-99.4M	-92.1M	-52.4M	34.9M	61.7M	-4.4M	4.6M	196.2K
Shares Outstanding	118,172,477	118,172,477	118,172,477	118,172,477	118,172,477	118,172,477	118,172,477	118,172,477	118,172,477

SEC Filings

LPRO - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 20, 2026	June 03, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 12, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 12, 2026	March 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 06, 2026	March 06, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 05, 2025	December 02, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 25, 2025	November 19, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 06, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 06, 2025	November 06, 2025	2025	View Filing

Showing 1 to 10 of 106 filings

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