OPEN LENDING CORP (LPRO)
Financials · automotive lending technology and credit risk platforms · NASDAQ
Digital lending platform connecting automotive lenders with insurance partners to underwrite and manage credit risk through the Lenders Protection Program.
What OPEN LENDING CORP does
Open Lending Corporation provides digital lending and insurance technology solutions for the automotive lending industry. The company operates the Lenders Protection Program (LPP), which offers program fees, profit-sharing arrangements, and claims administration services to automotive lenders and their insurance partners. The platform enables lenders to underwrite and manage loans more effectively while connecting them with insurance partners to mitigate credit losses.
Themes: ["automotive lending technology"]
Fundamentals
- Price$3.13 as of 2026-07-09 close
- Market cap$371M as of 2026-07-10
- 1-year return+29.2% as of 2026-07-09 close
- Net margin-6.0% as of 2026-07-10
- Gross margin+77.2% as of 2026-07-10
- ROE-7.0% as of 2026-07-10
- Debt / equity1.10 as of 2026-07-10
- Revenue growth (YoY)+405.4% as of 2026-07-10
- Revenue CAGR (3y)-19.6% SEC XBRL
- Beta2.23 as of 2026-07-10
Key risks (from latest filing)
["Revenue concentration: significant percentage of program fee revenue concentrated with top ten automotive lenders, creating customer concentration risk."]
Competitors & peers
- Santander Consumer USA
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.