Open Lending (LPRO) Balance Sheet: Assets & Liabilities

Open Lending (LPRO) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Open Lending reported total assets of $236.68M and total liabilities of $161.72M. Shareholders' equity was $74.96M, down 4.0% from $78.09M a year earlier. Total debt stood at $131.01M against $176.61M in cash and short-term investments, a net cash position of $45.60M. That puts debt-to-equity at 1.75, compared with 1.84 a year earlier.

Open Lending Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Open Lending Corporation (LPRO) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	176.61	243.16	243.16	240.21	204.45	116.45	101.51	7.68	1.18	0.03
Cash & Short-Term Investments	176.61	243.16	243.16	240.21	204.45	116.45	101.51	7.68	1.18	0.03
Accounts Receivable	3.65	18.59	5.06	4.62	5.72	6.53	54.74	33.55	10.41	0.00
Inventory	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	5.42	13.98	3.22	2.85	2.36	4.87	6.53	3.99	0.01	0.00
Total Current Assets	222.69	275.73	275.73	289.88	280.74	202.79	162.78	45.21	1.19	0.03
Non-Current Assets
Property, Plant & Equipment (Net)	3.52	4.61	4.61	4.82	7.18	7.85	6.93	0.30	0.31	0.00
Long-Term Investments	2.89	5.09	-	0.00	0.00	0.00	0.00	0.00	278.32	0.00
Intangible Assets	4.05	5.39	5.39	3.09	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	3.53	5.56	5.56	5.54	5.58	0.26	39.08	33.68	-0.31	0.22
Total Non-Current Assets	13.99	20.64	20.64	84.16	98.89	116.03	131.23	33.97	278.32	0.22
Total Assets	236.68	296.37	296.37	374.04	379.63	318.83	294.01	79.19	279.51	0.24
Current Liabilities
Accounts Payable	0.45	0.95	0.95	0.38	0.29	1.29	3.44	1.34	0.06	0.00
Short-Term Debt	26.17	8.28	26.85	4.69	3.75	3.13	5.25	2.48	2.48	0.22
Current Portion of Long-Term Debt	7.50	-	7.50	4.69	3.75	3.13	4.89	-	-	-
Accrued Liabilities	8.70	-	5.17	8.13	6.39	3.98	3.03	-	-	-
Deferred Revenue	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	-3.18	0.00
Other Current Liabilities	13.04	38.02	13.51	6.76	4.12	3.18	6.67	4.37	11.25	0.03
Total Current Liabilities	49.26	47.25	47.25	20.59	15.11	12.07	17.01	8.19	0.36	0.25
Non-Current Liabilities
Long-Term Debt	104.84	135.49	160.43	139.36	143.68	143.14	158.00	0.83	3.31	0.00
Other Non-Current Liabilities	5.24	35.54	7.33	5.06	3.94	0.00	92.38	304.94	6.31	0.00
Total Non-Current Liabilities	112.46	171.03	171.03	147.87	151.70	147.78	250.38	305.77	9.63	0.00
Total Liabilities	161.72	218.28	218.28	168.46	166.81	159.84	267.39	313.97	9.99	0.25
Stockholders' Equity
Common Stock	1.28	1.28	1.28	1.28	1.28	1.28	1.28	0.38	0.00	0.00
Retained Earnings	-333.00	-328.76	-328.76	-193.75	-215.82	-282.44	-428.41	-242.78	2.65	-0.03
Accumulated Other Comprehensive Income	0.00	0.00	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Treasury Stock	90.99	-	97.10	103.99	72.26	56.84	-	-	-	-
Additional Paid-in Capital	497.66	405.56	502.66	502.03	499.63	496.98	453.75	7.63	2.35	0.02
Shares Outstanding	117.66	-	119.35	118.82	123.65	126.21	-	-	-	-
Total Stockholders' Equity	74.96	78.09	78.09	205.58	212.82	158.98	26.62	-234.78	269.52	-0.01
Total Liabilities & Equity	236.68	296.37	296.37	374.04	379.63	318.83	294.01	79.19	279.51	0.24

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

Frequently Asked Questions About Open Lending Balance Sheet

How much debt does Open Lending have?

Open Lending had total debt of $131.01M as of Dec 31, 2025, against $176.61M in cash and short-term investments. Its debt-to-equity ratio was 1.75. Total debt was $143.77M a year earlier.

What are Open Lending's total assets?

Open Lending reported total assets of $236.68M as of Dec 31, 2025, down 20.1% from $296.37M a year earlier. Total liabilities were $161.72M.

What is Open Lending's shareholders' equity?

Open Lending's shareholders' equity was $74.96M as of Dec 31, 2025, or about $0.64 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition