📊 LPRO Key Takeaways
Is Open Lending Corp (LPRO) a Good Investment?
Open Lending demonstrates exceptional revenue growth (288% YoY) and strong gross margins (76.9%), indicating core business strength, but is significantly constrained by operational unprofitability (-5.4% operating margin) and negative operating cash flow (-$3.2M). Without a clear path to GAAP profitability and positive cash generation, the company poses elevated risk despite its robust liquidity position.
Open Lending shows a strong top-line rebound with exceptional gross margins and ample liquidity, suggesting capacity for operating leverage as volumes normalize. However, profitability and cash generation remain slightly negative and interest coverage is weak, so a clearer inflection to sustained positive earnings and cash flow is needed before a more constructive stance.
Why Buy Open Lending Corp Stock? LPRO Key Strengths
- Exceptional gross margin of 76.9% demonstrates strong core unit economics in personal credit lending
- Outstanding revenue growth of 288% YoY indicates strong market demand and business traction
- Fortress balance sheet with $176.6M cash position (75% of total assets) provides significant runway
- Rapid revenue recovery (+288% YoY)
- High gross margin (76.9%) enabling operating leverage
- Strong liquidity and net cash (cash > long-term debt), 4.52x current ratio
LPRO Stock Risks: Open Lending Corp Investment Risks
- Negative operating cash flow (-$3.2M) despite massive revenue growth indicates poor cash conversion quality
- Operating margin deeply negative at -5.4%, suggesting SG&A and operating expenses far exceed gross profit
- Operating losses persist and company unprofitable on GAAP and cash basis; inability to convert gross margin to bottom line profitability
- Moderate-to-high leverage (1.13x Debt/Equity) combined with cash burn creates solvency risk if cash position depletes
- Persistent operating and net losses; negative interest coverage (-1.8x)
- Exposure to credit cycle in auto/personal lending affecting volumes and fees
- Negative operating cash flow and uncertain sustainability of recent growth
Key Metrics to Watch
- Operating cash flow trend and path to positive FCF generation
- Operating expense ratio and SG&A efficiency improvements
- Timeline to operating profitability and GAAP net income breakeven
- Operating margin turning sustainably positive
- Operating cash flow/FCF inflecting positive
Open Lending Corp (LPRO) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.52x current ratio provides a solid financial cushion.
LPRO Profit Margin, ROE & Profitability Analysis
LPRO vs Finance Sector: How Open Lending Corp Compares
How Open Lending Corp compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Open Lending Corp Stock Overvalued? LPRO Valuation Analysis 2026
Based on fundamental analysis, Open Lending Corp has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Open Lending Corp Balance Sheet: LPRO Debt, Cash & Liquidity
LPRO Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Open Lending Corp's revenue has declined by 46% over the 5-year period, indicating business contraction. The most recent EPS of $0.18 reflects profitable operations.
LPRO Revenue Growth, EPS Growth & YoY Performance
LPRO Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $23.5M | $617.0K | $0.01 |
| Q2 2025 | $25.3M | $617.0K | $0.01 |
| Q1 2025 | $24.4M | $617.0K | $0.01 |
| Q3 2024 | $23.5M | $1.4M | $0.01 |
| Q2 2024 | $26.7M | $2.9M | $0.02 |
| Q1 2024 | $30.7M | $5.1M | $0.04 |
| Q3 2023 | $26.0M | $3.0M | $0.02 |
| Q2 2023 | $38.2M | $11.4M | $0.09 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Open Lending Corp Dividends, Buybacks & Capital Allocation
LPRO SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Open Lending Corp (CIK: 0001806201)
📋 Recent SEC Filings
❓ Frequently Asked Questions about LPRO
What is the AI rating for LPRO?
Open Lending Corp (LPRO) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are LPRO's key strengths?
Claude: Exceptional gross margin of 76.9% demonstrates strong core unit economics in personal credit lending. Outstanding revenue growth of 288% YoY indicates strong market demand and business traction. ChatGPT: Rapid revenue recovery (+288% YoY). High gross margin (76.9%) enabling operating leverage.
What are the risks of investing in LPRO?
Claude: Negative operating cash flow (-$3.2M) despite massive revenue growth indicates poor cash conversion quality. Operating margin deeply negative at -5.4%, suggesting SG&A and operating expenses far exceed gross profit. ChatGPT: Persistent operating and net losses; negative interest coverage (-1.8x). Exposure to credit cycle in auto/personal lending affecting volumes and fees.
What is LPRO's revenue and growth?
Open Lending Corp reported revenue of $93.2M.
Does LPRO pay dividends?
Open Lending Corp does not currently pay dividends.
Where can I find LPRO SEC filings?
Official SEC filings for Open Lending Corp (CIK: 0001806201) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is LPRO's EPS?
Open Lending Corp has a diluted EPS of $-0.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is LPRO a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Open Lending Corp has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is LPRO stock overvalued or undervalued?
Valuation metrics for LPRO: ROE of -5.7% (sector avg: 12%), net margin of -4.5% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy LPRO stock in 2026?
Our dual AI analysis gives Open Lending Corp a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is LPRO's free cash flow?
Open Lending Corp's operating cash flow is $-3.2M, with capital expenditures of $56.0K. FCF margin is -3.5%.
How does LPRO compare to other Finance stocks?
Vs Finance sector averages: Net margin -4.5% (avg: 25%), ROE -5.7% (avg: 12%), current ratio 4.52 (avg: 1.2).