---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-003821"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T04:59:25.273243+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Open Lending Q4 revenue $51.6M, FY revenue $215.7M (+98% YoY), net income swings to profit

## Summary
- Q4 2021: Revenue $51.6M (up 30% YoY), GAAP net income $27.8M vs $15.2M, adj. EBITDA $36.6M.
- Full year 2021: revenue $215.7M (up 98% YoY), GAAP net income $146.1M vs net loss of $97.6M in 2020.
- Q4 certified loans 42,639 (+59% YoY); FY 171,697 (+82% YoY); added 71 new customers in 2021.
- Refinance channel grew to 34% of total certs in Q4; unit economics normalized after removing COVID-19 underwriting standards.
- Adjusted EBITDA margin improved to 71% in Q4 (63% in Q4 2020) and 72% for full year (64% in 2020).

## SEC filing metadata
- accession: 0001628280-22-003821
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000162828022003821/0001628280-22-003821-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000162828022003821/lpro-20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-003821
- JSON: https://secwatch.observer/filing/0001628280-22-003821.json
- Plain text: https://secwatch.observer/filing/0001628280-22-003821.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.