Open Lending Corporation Income Tax Provision

Income Tax Provision of LPRO for past 10 years: annual, quarterly and twelve month trailing (TTM) including Income Tax Provision growth rates and interactive chart. The actual income tax expense for the applicable year.


Highlights and Quick Summary

  • Income Tax Provision for the quarter ending March 30, 2021 was $4.47 Million (a 276.26% increase compared to previous quarter)
  • Year-over-year quarterly Income Tax Provision increased by 230.62%
  • Annual Income Tax Provision for 2020 was $6.57 Million (a 0.0% decrease from previous year)
  • Annual Income Tax Provision for 2019 was $6.57 Million (a -22010.0% decrease from previous year)
  • Annual Income Tax Provision for 2019 was $-30 Thousand (a -0.0% decrease from previous year)
  • Twelve month Income Tax Provision ending March 30, 2021 was $11 Million (a 60.97% increase compared to previous quarter)
  • Twelve month trailing Income Tax Provision increased by 759.31% year-over-year
Trailing Income Tax Provision for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
$11 Million $6.85 Million $5.26 Million $1.28 Million
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Historical Income Tax Provision of Open Lending Corporation

Most recent Income Tax Provisionof LPRO including historical data for past 10 years.

Interactive Chart of Income Tax Provision of Open Lending Corporation

Open Lending Corporation Income Tax Provision for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $4.47
2020 $1.19 $4.02 $1.35 $0.29 $6.57
2019 $-0.4 $0.04 $0.02 $0.31 $-0.03
2018 $-0.5 $0.31 $0.13 $0.09 $0.04
2017 $0.22

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.