The earnings call revealed a mix of strategic progress and financial challenges. The company achieved notable success with the early extension of a major partnership and positive profit share adjustments, reflecting improved business confidence and portfolio quality. However, financial metrics such as certified loans, revenue, and net income showed declines, indicating ongoing challenges in the company's operations and market conditions. Overall, the sentiment reflects cautious optimism, balancing strategic achievements against financial hurdles.

Company Guidance -

Q3 2025

During the second quarter of 2025 earnings call, Open Lending provided guidance for the third quarter, expecting total certified loans to range between 22,500 and 24,500. This guidance reflects a decrease driven by tighter lending standards and targeted rate increases in less profitable segments, particularly impacting their OEM business. The company facilitated 26,522 certified loans in Q2, down from 28,963 in the prior year, with total revenue reaching $25.3 million. Notably, program fee revenues were $14.9 million, profit share revenue was $8 million, and claims administration fee and other revenue was $2.4 million. The company emphasized a focus on profitability, having reduced OEM exposure and improved unit economics, with a goal of achieving an expense structure supported solely by program and TPA fees by the end of 2026. Furthermore, Open Lending announced an early extension of their agreement with AmTrust, now extending through 2033, showcasing strong partnership confidence. Adjusted EBITDA for the quarter was $4.1 million, with net income at $1 million, and diluted net income per share at $0.01.

Early Extension of AmTrust Agreement

Open Lending signed an early extension of its producer agreement with AmTrust, extending the partnership through 2033. This move secures credit capability and capacity, demonstrating confidence in the company's future.

Positive Profit Share CIE

The company recorded a positive $300,000 profit share CIE in the current quarter, associated with cumulative total profit share revenue previously recognized of approximately $344 million for periods dating back to January 2019.

Improved Portfolio Quality

Super Thin borrowers made up only 0.3% of loans in the quarter, down from a high of over 10% in the fourth quarter of 2024, indicating improved quality of the portfolio.

Credit Union Performance

Credit union balance sheets strengthened, with total assets rising by $79 billion or 3.5% to $2.3 trillion compared to the second quarter of 2024.

New CFO Appointment

Massimo Monaco was announced as the new CFO, bringing over two decades of experience in lending and financial services.

Open Lending (LPRO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LPRO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	<0.01 / -	0.01	―	―	―
Aug 06, 2025	2025 (Q2)	>-0.01 / 0.01	0.02	-50.00% (-0.01)
May 07, 2025	2025 (Q1)	- / 0.01	0.04	-75.00% (-0.03)
Mar 31, 2025	2024 (Q4)	<0.01 / 0.01	0.04	-75.00% (-0.03)
Nov 07, 2024	2024 (Q3)	0.04 / 0.01	0.02	-50.00% (-0.01)
Aug 08, 2024	2024 (Q2)	0.05 / 0.02	0.09	-77.78% (-0.07)
May 07, 2024	2024 (Q1)	0.05 / 0.04	0.1	-60.00% (-0.06)
Feb 27, 2024	2023 (Q4)	0.04 / -0.04	-0.03	-33.33% (-0.01)
Nov 07, 2023	2023 (Q3)	0.07 / 0.02	0.19	-89.47% (-0.17)
Aug 08, 2023	2023 (Q2)	0.09 / 0.09	0.18	-50.00% (-0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LPRO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$2.14	$2.25	+5.14%
May 07, 2025	$1.55	$1.84	+18.71%
Mar 31, 2025	$2.76	$1.17	-57.61%
Nov 07, 2024	$6.75	$5.90	-12.59%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Open Lending Corporation (LPRO) report earnings?

Open Lending Corporation (LPRO) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Open Lending Corporation (LPRO) earnings time?

Open Lending Corporation (LPRO) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LPRO EPS forecast?

LPRO EPS forecast for the fiscal quarter 2025 (Q3) is <0.01.

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