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Open Lending's revenue is $24.0 million.

What is Open Lending's revenue?

Open Lending's annual revenue is $24.0M. Zippia's data science team found the following key financial metrics about Open Lending after extensive research and analysis.
  • Open Lending's revenue growth from 2019 to 2024 is -74.13%.
  • Open Lending has 104 employees, and the revenue per employee ratio is $231,000.
  • Open Lending's peak quarterly revenue was $61.1M in 2021(q2).
  • Open Lending peak revenue was $215.7M in 2021.
  • Open Lending annual revenue for 2023 was 117.5M, -34.6% growth from 2022.
  • Open Lending annual revenue for 2024 was 24.0M, -79.55% growth from 2023.

On this page

Most recent quarter revenue
($56.9M) (Q4'2024)
Company most recent quarter revenue
Peak revenue
$215.7M (2021)
Company peak revenue
Revenue / employee
$231,000
Company revenue / employee

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Most recent quarter revenue
($56.9M) (Q4'2024)
Company most recent quarter revenue
Peak revenue
$215.7M (2021)
Company peak revenue
Revenue / employee
$231,000
Company revenue / employee

Open Lending historical revenue

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.

Open Lending annual revenue

$216M
$173M
$129M
$86M
$43M
$0
2019
2020
2021
2022
2023
2024

Open Lending annual revenue over time

Fiscal year / yearOpen Lending revenue
2019$92.8M
2020$108.9M
2021$215.7M
2022$179.6M
2023$117.5M
2024$24.0M

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Open Lending annual growth

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%.

Open Lending annual growth rate over time

YearOpen Lending growth
2020
17%
2021
98%
2022
-17%
2023
-35%
2024
-80%

Open Lending quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$61M
$49M
$37M
$24M
$12M
$0
2020
2021
2022
2023
2024

Open Lending quarterly growth rate over time

YearQ1Q2Q3Q4
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)

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Open Lending financial information

CEOJohn J. Flynn
Company TypePublic
Employees Number104
HeadquartersAustin, Texas
Revenue$24.0M
Net Income$66,620,000
Gross Proft$169,000 (2024)
Tax Rate-1.1%
Total Assets$379,631,000
TickerLPRO

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Open Lending financing

Open Lending received early financing of $10.0M on 2009-10-06.

SeriesRound sizeDate
Series Unknown$10M10/2009
Series Unknown$40M03/2016

Open Lending investors

InvestorsSecurity type
Bregal SagemountSeries Unknown

Open Lending revenue FAQs

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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.