Open Lending Corporation Revenue

Revenue of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Revenue growth rates and interactive chart. Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.

Highlights and Quick Summary

  • Revenue for the quarter ending December 30, 2020 was $57.1 Million (a 91.73% increase compared to previous quarter)
  • Year-over-year quarterly Revenue increased by 25.25%
  • Annual Revenue for 2020 was $109 Million (a 17.28% increase from previous year)
  • Annual Revenue for 2019 was $92.8 Million (a 77.9% increase from previous year)
  • Twelve month Revenue ending December 30, 2020 was $154 Million (a 29.26% increase compared to previous quarter)
Trailing Revenue for the last four month:
30 Dec '20 29 Sep '20 29 Jun '20
$154 Million $119 Million $115 Million
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Historical Revenue of Open Lending Corporation

Most recent Revenueof LPRO including historical data for past 10 years.

Interactive Chart of Revenue of Open Lending Corporation

Open Lending Corporation Revenue for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $57.06 $29.76 $22.07 $108.89
2019 $45.56 $22.1 $25.18 $92.85
2018 $52.19

Business Profile of Open Lending Corporation

Sector: Financial Services
Industry: Credit Services
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.