-+ 0.00%
-+ 0.00%
-+ 0.00%

Open Lending Q1 FY26 turns to net loss of $0.5 million; revenue falls to $20.5 million

PUBT·05/07/2026 20:36:31
Listen to the news
Open Lending Q1 FY26 turns to net loss of $0.5 million; revenue falls to $20.5 million
  • Open Lending posted Q1 2026 revenue of USD 20.5 million, down 16% year over year, as certified loans fell 24% to 21,064.
  • Results turned to a net loss of USD 0.5 million from net income of USD 0.6 million a year earlier.
  • Adjusted EBITDA slipped 37% to USD 2 million.
  • Average profit share revenue per certified loan climbed to USD 363 from USD 278, while credit unions and banks accounted for 90.2% of certified loans versus 87.6% a year earlier.
  • Board increased share repurchase authorization to USD 50 million from USD 25 million, extending program through May 1, 2027; full-year 2026 outlook calls for 100,000 to 110,000 certified loans, adjusted EBITDA of USD 25 million to USD 29 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Open Lending Corporation published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.