---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-021079"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:25:45.598594+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Open Lending Q2 revenue $52M (-15% YoY); net income $23.1M; lowers FY 2022 guidance

## Summary
- Revenue $52.0M vs $61.1M in Q2 2021; net income $23.1M vs $76.0M.
- Adjusted EBITDA $34.0M vs $46.1M YoY; gross profit $47.0M (90.4% margin).
- Certified loans 44,531, down 4% from 46,408 in Q2 2021.
- Added 18 new customers; top 10 non-OEM customers increased certification volume 33% YoY.
- Updated FY 2022 guidance to reflect auto lending headwinds; expects auto originations in line with 2021.

## SEC filing metadata
- accession: 0001628280-22-021079
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000162828022021079/0001628280-22-021079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000162828022021079/lpro-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-021079
- JSON: https://secwatch.observer/filing/0001628280-22-021079.json
- Plain text: https://secwatch.observer/filing/0001628280-22-021079.txt

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