For the quarter ending 2025-09-30, LPRO made $24,169,000 in revenue. -$7,569,000 in net income. Net profit margin of -31.32%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenue | 24,169,000 | 25,310,000 | 24,393,000 | -13,089,500 |
| Cost of services | 5,318,000 | 5,509,000 | 6,084,000 | 5,963,750 |
| Gross profit | 18,851,000 | 19,801,000 | 18,309,000 | -19,097,000 |
| General and administrative | 21,062,000 | 11,964,000 | 10,898,000 | 11,264,000 |
| Selling and marketing | 3,440,000 | 4,146,000 | 4,382,000 | 4,086,000 |
| Research and development | 2,050,000 | 2,515,000 | 2,267,000 | 1,170,000 |
| Total operating expenses | 26,552,000 | 18,625,000 | 17,547,000 | 16,520,000 |
| Operating income (loss) | -7,701,000 | 1,176,000 | 762,000 | -35,617,000 |
| Interest expense | 2,432,000 | 2,419,000 | 2,589,000 | 2,809,500 |
| Interest income | 2,363,000 | 2,357,000 | 2,500,000 | 2,891,500 |
| Other income (expense), net | 185,000 | - | - | - |
| Income (loss) before income taxes | -7,585,000 | 1,114,000 | 673,000 | -35,535,000 |
| Income tax expense (benefit) | -16,000 | 80,000 | 56,000 | 34,139,500 |
| Net income (loss) | -7,569,000 | 1,034,000 | 617,000 | -69,674,500 |
| Basic (in dollars per share) | -0.06 | 0.01 | 0.01 | -0.58 |
| Basic (in shares) | 118,173,000 | 118,866,000 | 119,451,000 | -59,639,553.5 |
| Diluted (in dollars per share) | -0.06 | 0.01 | 0.01 | -0.58 |
| Diluted (in shares) | 118,173,000 | 119,003,000 | 119,629,000 | -59,816,141.5 |
Open Lending Corp (LPRO)
Open Lending Corp (LPRO)