Open Lending Corporation (LPRO) Revenue History
Annual and quarterly revenue from 2017 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
LPRO's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
LPRO Revenue Analysis (2017–2024)
As of March 2, 2026, Open Lending Corporation (LPRO) generated trailing twelve-month (TTM) revenue of $16.9 million, reflecting modest growth of +3.0% year-over-year. The most recent quarter (Q3 2025) recorded $24.2 million in revenue, down 4.5% sequentially.
Looking at the longer-term picture, LPRO's 5-year compound annual growth rate (CAGR) stands at -23.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $215.7 million in 2021.
Revenue diversification analysis shows LPRO's business is primarily driven by Program Fee (237%), Administrative Service (42%), and Profit Share (-179%). With over half of revenue concentrated in Program Fee, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including IX, ALLY, and CACC. Compare LPRO vs IX →
Peer Comparison
Compare LPRO's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LPROCurrent | $17M | +3.0% | -23.7% | -272.1% | |
| IX | $2.87T | - | - | 11.5% | |
| ALLY | $12.2B | - | - | 8.6% | |
| CACC | $2.1B | - | - | 15.2% | |
| MFIN | $292M | - | - | 21.6% | |
| ANTA | $47M | - | - | 6.7% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $24.0M | - | $169K | 0.7% | $-65,378,000 | -272.1% |
| 2023 | $117.5M | - | $95.2M | 81.0% | $29.1M | 24.8% |
| 2022 | $179.6M | - | $159.6M | 88.9% | $97.6M | 54.4% |
| 2021 | $215.7M | - | $197.0M | 91.4% | $150.3M | 69.7% |
| 2020 | $108.9M | - | $99.1M | 91.0% | $56.7M | 52.1% |
| 2019 | $92.8M | - | $85.0M | 91.6% | $62.6M | 67.4% |
| 2018 | $52.2M | - | $47.6M | 91.2% | $28.5M | 54.6% |
| 2017 | $32.4M | - | $29.4M | 90.7% | $-30,680 | -0.1% |
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Start ComparisonFrequently Asked Questions
Is LPRO's revenue growth accelerating or slowing?
LPRO revenue growth slowed to +3.0%, below the 5-year CAGR of -23.7%. TTM revenue is $17M. The deceleration marks a shift from historical growth rates.
What is LPRO's long-term revenue growth rate?
Open Lending Corporation's 5-year revenue CAGR of -23.7% reflects the variable expansion pattern. Current YoY growth of +3.0% is near this long-term average.
How is LPRO's revenue distributed by segment?
LPRO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2024 are available for download. Segment mix reveals concentration and diversification trends.