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Open Lending's peak revenue was $215.7M in 2021. The peak quarterly revenue was $61.1M in 2021(q2).
Open Lending's revenue increased from $92.8m in 2019 to $24.0M currently. That's a -74.13% change in annual revenue.
| Fiscal year / year | Open Lending revenue |
|---|---|
| 2019 | $92.8M |
| 2020 | $108.9M |
| 2021 | $215.7M |
| 2022 | $179.6M |
| 2023 | $117.5M |
| 2024 | $24.0M |
Rate Open Lending's financial transparency
Open Lending saw the greatest revenue growth in 2021, when revenue increased by 98.04%.
Open Lending had the lowest revenue growth in 2022, when revenue changed by -16.72%.
| Year | Open Lending growth |
|---|---|
| 2020 | 17%↑ |
| 2021 | 98%↑ |
| 2022 | -17%↓ |
| 2023 | -35%↓ |
| 2024 | -80%↓ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | - | - | $39.6M |
| 2021 | $44.0M | $61.1M | $57.1M | $51.6M |
| 2022 | $50.1M | $52.0M | $50.7M | $26.8M |
| 2023 | $38.4M | $38.2M | $26.0M | $14.9M |
| 2024 | $30.7M | $26.7M | $23.5M | ($56.9M) |
Do you work at Open Lending?
Is Open Lending transparent about its revenue structure?
| CEO | John J. Flynn |
| Company Type | Public |
| Employees Number | 104 |
| Headquarters | Austin, Texas |
| Revenue | $24.0M |
| Net Income | $66,620,000 |
| Gross Proft | $169,000 (2024) |
| Tax Rate | -1.1% |
| Total Assets | $379,631,000 |
| Ticker | LPRO |
Open Lending received early financing of $10.0M on 2009-10-06.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $10M | 10/2009 |
| Series Unknown | $40M | 03/2016 |
| Investors | Security type |
|---|---|
| Bregal Sagemount | Series Unknown |
Zippia gives an in-depth look into the details of Open Lending, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Open Lending. The employee data is based on information from people who have self-reported their past or current employments at Open Lending. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Open Lending. The data presented on this page does not represent the view of Open Lending and its employees or that of Zippia.
Open Lending may also be known as or be related to Open Lending and Open Lending, LLC.