---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-012663"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:56:28.176519+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Open Lending Q1 revenue up 14% to $50.1M; net income $23.2M; signs Arch as insurance partner

## Summary
- Revenue of $50.1M (up 14% YoY); net income of $23.2M vs $12.9M in Q1 2021.
- Adjusted EBITDA of $33.8M (up 11% YoY from $30.3M); certified loans of 43,944 (up 32% YoY).
- Added 18 new customers in Q1; top 10 customers (ex-OEM) boosted certification volume by 166% YoY.
- Signed Program Management Agreement with Arch Specialty Insurance Co. as fourth carrier partner; 5-year term, auto-renew.
- Management cites semiconductor shortages and inflated used car values as near-term headwinds.

## SEC filing metadata
- accession: 0001628280-22-012663
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000162828022012663/0001628280-22-012663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000162828022012663/lpro-20220502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-012663
- JSON: https://secwatch.observer/filing/0001628280-22-012663.json
- Plain text: https://secwatch.observer/filing/0001628280-22-012663.txt

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