Open Lending Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	89.32	93.22	24.02	117.46	179.59	215.66
Revenue Growth (YoY)	405.40%	288.02%	-79.55%	-34.60%	-16.72%	98.05%
Cost of Revenue	20.33	21.56	23.86	22.28	19.97	18.62
Gross Profit	68.99	71.66	0.17	95.18	159.63	197.03
Selling, General & Admin	67.11	67.89	61.09	60.53	53.81	42.39
Research & Development	8.28	8.78	4.46	5.58	8.21	4.35
Total Operating Expenses	75.39	76.67	65.55	66.1	62.01	46.75
Operating Income	-6.4	-5.01	-65.38	29.08	97.62	150.29
Interest Income	8.31	9.32	12.09	10.34	2	0.21
Interest Expense	-8.4	-9.66	-11.32	-10.66	-5.83	-5.86
Other Non-Operating Income (Expense)	-0.02	-0.02	-	0.11	-0.24	46.53
Total Non-Operating Income (Expense)	-0.11	-0.36	0.77	-0.22	-4.08	40.88
Pretax Income	-6.51	-5.37	-64.61	28.86	93.54	191.17
Provision for Income Taxes	-1.2	-1.13	70.41	6.79	26.92	45.09
Net Income	-5.31	-4.24	-135.01	22.07	66.62	146.08
Net Income to Common	-5.31	-4.24	-135.01	22.07	66.62	146.08
Net Income Growth	-	-	-	-66.87%	-54.40%	-
Shares Outstanding (Basic)	118	119	119	121	126	126
Shares Outstanding (Diluted)	118	119	119	121	126	126
Shares Change (YoY)	-0.99%	-0.48%	-1.89%	-3.79%	-0.10%	52.45%
EPS (Basic)	-0.04	-0.04	-1.13	0.18	0.53	1.16
EPS (Diluted)	-0.04	-0.04	-1.13	0.18	0.53	1.16
EPS Growth	-	-	-	-66.04%	-54.31%	-
Shares Outstanding	118.22	117.66	119.35	118.82	123.65	126.21
Free Cash Flow	-0.13	-3.25	17.43	82.54	107.19	95.05
Free Cash Flow Growth	-	-	-78.88%	-23.00%	12.78%	305.41%
Free Cash Flow Per Share	-0.00	-0.03	0.15	0.68	0.85	0.75
Gross Margin	77.24%	76.88%	0.70%	81.03%	88.88%	91.37%
Operating Margin	-6.46%	-5.37%	-272.14%	24.75%	54.35%	69.69%
Profit Margin	-5.95%	-4.54%	-561.98%	18.79%	37.09%	67.74%
FCF Margin	-0.15%	-3.49%	72.56%	70.27%	59.69%	44.07%
EBITDA	-3.25	-2.6	-63.7	30.23	98.53	150.81
EBITDA Margin	-3.63%	-2.78%	-265.17%	25.74%	54.86%	69.93%
EBIT	-6.4	-5.01	-65.38	29.08	97.62	150.29
EBIT Margin	-6.46%	-5.37%	-272.14%	24.75%	54.35%	69.69%
Effective Tax Rate	18.41%	21.10%	-108.98%	23.52%	28.78%	23.58%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q