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Open Lending Corporation

LPROFinancial ServicesNASDAQ

Credit Services · Last scanned Jun 17, 2026

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Financials · Annual
Revenue
$93.2M
+288.0% YoY
Net Income
-$4.2M
+96.9% YoY
EBITDA
$6.7M
+113.0% YoY
Free Cash Flow
$7.3M

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About Open Lending Corporation

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. With a market capitalization of $367.7M, it sits in small-cap territory. The company offers lenders protection platform (LPP), which is a cloud-based automotive lending enablement platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers.

Key stats
Market Cap$367.7M
Fwd P/E16.37
EPS$-0.05
Beta2.27
52W Change+48.1%
ROE-6.9%
Analysis

Open Lending Corporation holds $173.3M in cash against $85.1M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company generates $7.3M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -6.9%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.1% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $179.6M (2022) to $93.2M (2025), a 48% decline worth watching.

Open Lending Corporation's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Open Lending Corporation and its sector.

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