Open Lending Corp Income Statement
LPRO|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
Open Lending Corp reported $117M in revenue and $22M in net income for FY2025. Revenue has grown at a 17.6% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $117.5M | $179.6M | $215.7M | $108.9M | $92.8M | $52.2M |
| Cost of Revenue | $22.3M | $20.0M | $18.6M | $9.8M | $7.8M | $4.6M |
| Gross Profit | $95.2M | $159.6M | $197.0M | $99.1M | $85.0M | $47.6M |
| SG&A Expense | $43.0M | $36.0M | $30.4M | $32.6M | $13.8M | $12.1M |
| R&D Expense | $5.6M | $8.2M | $4.4M | $2.0M | $1.2M | $802.0K |
| Operating Income | $29.1M | $97.6M | $150.3M | $56.7M | $62.6M | $28.5M |
| Interest Expense | - | - | $5.9M | $11.6M | $322.0K | $341.0K |
| Income Tax | $6.8M | $26.9M | $45.1M | $6.6M | -$30.0K | $37.0K |
| Net Income | $22.1M | $66.6M | $146.1M | -$97.6M | $62.5M | $28.3M |
| EPS (Basic) | $0.18 | $0.53 | $1.16 | -$1.09 | -$2.97 | $0.29 |
| EPS (Diluted) | $0.18 | $0.53 | $1.16 | -$1.09 | -$2.97 | $0.16 |
| Shares Outstanding | 119.4M | 118.8M | 123.6M | 91.8M | 91.8M | 37.6M |
| Gross Margin | 81.0% | 88.9% | 91.4% | 91.0% | 91.6% | 91.2% |
| Operating Margin | 24.8% | 54.4% | 69.7% | 52.1% | 67.4% | 54.6% |
| Profit Margin | 18.8% | 37.1% | 67.7% | -89.6% | 67.4% | 54.2% |