Last 27 quarters of trend data · Financial Services · Financial - Credit Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 1044.4% YoY to 514.7x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -87.11 | — | 27.29 | — | 56.40 | 132.69 | — | 127.50 | 57.41 | 39.13 | — | 73.79 | 28.07 |
| — | — | — | — | -1.8% | +239.1% | — | +72.8% | +104.5% | +122.3% | — | +597.5% | +97.6% | |
| P/S Ratio | 3.94 | 1.80 | 2.38 | 2.58 | 2.29 | 3.38 | — | 7.79 | 6.23 | 6.08 | 17.00 | 8.54 | 8.37 |
| — | -46.9% | — | -66.9% | -63.2% | -44.3% | — | -8.8% | -25.6% | +7.3% | +114.8% | +70.4% | +34.9% | |
| P/B Ratio | 4.92 | 1.95 | 2.45 | 3.42 | 2.94 | 4.14 | 9.12 | 3.32 | 3.07 | 3.53 | 4.94 | 4.14 | 5.83 |
| — | -52.7% | -73.1% | +3.2% | -4.3% | +17.0% | +84.6% | -19.8% | -47.3% | -16.4% | +23.9% | -5.0% | -6.3% | |
| P/FCF | — | — | 9.84 | — | 41.51 | — | — | 17.63 | — | 18.03 | 15.71 | 11.34 | 20.52 |
| — | — | — | — | — | — | — | +55.5% | — | +142.2% | +66.2% | +39.1% | +36.5% | |
| EV / EBITDA | 33.21 | 514.66 | 16.89 | — | 19.88 | 44.97 | — | 66.31 | 32.02 | 21.02 | — | 41.31 | 18.82 |
| — | +1044.4% | — | — | -37.9% | +113.9% | — | +60.5% | +70.1% | +80.3% | — | +379.3% | +95.4% | |
| EV / EBIT | 46.56 | — | 8.98 | — | 29.85 | 18.01 | — | 30.76 | 35.35 | 15.71 | — | 27.40 | 16.55 |
| — | — | — | — | -15.6% | +14.6% | — | +12.3% | +113.6% | +48.9% | — | +216.4% | +70.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Open Lending Corporation's operating margin was -3.1% in Q1 2026, down 7.0 pp QoQ and down 6.2 pp YoY. The trailing four-quarter average of -6.6% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.5% | 76.3% | 76.0% | 78.0% | 78.2% | 75.1% | 111.0% | 73.9% | 78.6% | 81.3% | 64.1% | 79.4% | 84.0% |
| — | +1.7% | -31.5% | +5.5% | -0.5% | -7.7% | +73.2% | -6.9% | -6.4% | -5.3% | -21.6% | -11.6% | -6.9% | |
| Operating Margin | 6.4% | -3.1% | 3.9% | -31.9% | 4.6% | 3.1% | 138.0% | 7.9% | 14.9% | 23.8% | -55.4% | 17.4% | 41.2% |
| — | -198.9% | -97.2% | -500.9% | -68.9% | -86.9% | +349.1% | -54.4% | -63.8% | -46.6% | -411.3% | -68.2% | -34.6% | |
| Net Margin | -4.5% | -2.2% | 8.7% | -31.3% | 4.1% | 2.5% | 253.7% | 6.1% | 10.9% | 16.5% | -32.4% | 11.5% | 29.8% |
| — | -188.8% | -96.6% | -611.6% | -62.4% | -84.7% | +882.8% | -47.0% | -63.6% | -49.4% | -107.5% | -76.2% | -32.9% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -5.5% | -0.6% | 2.3% | -10.0% | 1.3% | 0.8% | -96.8% | 0.7% | 1.4% | 2.4% | -2.3% | 1.4% | 5.4% |
| — | -178.3% | +102.4% | -1617.5% | -3.9% | -68.0% | -4099.6% | -52.5% | -74.7% | -59.3% | -22.7% | -87.6% | -54.7% | |
| ROA | -1.6% | -0.2% | 0.6% | -2.6% | 0.3% | 0.2% | -41.7% | 0.4% | 0.8% | 1.3% | -1.3% | 0.8% | 3.0% |
| — | -195.7% | +101.5% | -801.7% | -54.7% | -84.8% | -3164.5% | -52.7% | -74.6% | -59.5% | -18.8% | -87.8% | -54.1% | |
| ROIC | 2.3% | -0.3% | 0.3% | -2.4% | 0.4% | 0.3% | -20.1% | 0.4% | 0.8% | 1.5% | -1.7% | 0.9% | 3.3% |
| — | -213.7% | +101.3% | -733.1% | -51.5% | -83.3% | -1058.7% | -58.7% | -74.5% | -56.6% | -281.6% | -83.4% | -54.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Open Lending Corporation's Debt/EBITDA ratio is 3699.0x, up from 62.4x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 28.6% YoY to 4.44x, tightening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.17 | 1.13 | 1.17 | 2.53 | 1.76 | 1.77 | 1.84 | 0.66 | 0.68 | 0.69 | 0.72 | 0.69 | 0.68 |
| — | -36.0% | -36.2% | +284.7% | +160.7% | +155.1% | +155.5% | -4.9% | -1.0% | -5.4% | +0.8% | +5.8% | -5.2% | |
| Debt / EBITDA | 10.48 | 3699.00 | 62.44 | — | 78.70 | 107.96 | — | 61.43 | 33.23 | 19.04 | — | 30.53 | 9.36 |
| — | +3326.4% | — | — | +136.8% | +467.1% | — | +101.2% | +255.0% | +119.3% | — | +460.8% | +107.2% | |
| Current Ratio | 4.52 | 4.44 | 4.52 | 5.59 | 5.67 | 6.21 | 5.84 | 9.42 | 13.32 | 13.14 | 14.08 | 14.71 | 15.83 |
| — | -28.6% | -22.5% | -40.7% | -57.5% | -52.7% | -58.6% | -36.0% | -15.9% | -19.1% | -24.2% | -11.8% | -14.3% | |
| Quick Ratio | 4.52 | 4.44 | 4.52 | 5.59 | 5.67 | 6.21 | 5.84 | 9.42 | 13.32 | 13.14 | 14.08 | 14.71 | 15.83 |
| — | -28.6% | -22.5% | -40.7% | -57.5% | -52.7% | -58.6% | -36.0% | -15.9% | -19.1% | -24.2% | -11.8% | -14.3% | |
| Interest Coverage | 0.62 | -0.48 | 1.19 | -2.12 | 0.49 | 1.26 | -26.59 | 1.72 | 1.46 | 3.72 | -1.82 | 2.62 | 6.84 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 27 years · Updated daily
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Quick answers to the most common questions about buying LPRO stock.
Open Lending Corporation's current P/E is -87.1x. The average P/E over the last 2 quarters is 41.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Open Lending Corporation's current operating margin is 6.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Open Lending Corporation's business trajectory between earnings reports.