---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028207"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:43:11.723837+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Open Lending Q3 revenue $50.7M (-14% YoY); certified loans 42,186 (-14.5% YoY)

## Summary
- Revenue $50.7M, down 14% YoY from $58.9M; net income $24.5M vs $29.4M
- Certified loans 42,186 in Q3 vs 49,332 YoY, reflecting challenging auto lending environment
- Adjusted EBITDA $29.4M, down from $42.1M YoY; gross profit $45.5M vs $52.5M
- CEO Keith Jezek cites continued investment in go-to-market and tech, targeting growth above industry

## SEC filing metadata
- accession: 0001628280-22-028207
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000162828022028207/0001628280-22-028207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000162828022028207/lpro-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028207
- JSON: https://secwatch.observer/filing/0001628280-22-028207.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028207.txt

## Key facts
- Earnings Releases
  Open Lending Corp reported the fiscal quarter ended September 30, 2022 results: revenue $50.7 million, net income $24.5 million.
  - Period: the fiscal quarter ended September 30, 2022
  - Revenue: $50.7 million
  - Net income: $24.5 million
  - Result: reported results
  source text: Highlights • The Company facilitated 42,186 certified loans during the third quarter of 2022, compared to 49,332 certified loans in the third quarter of 2021 • Total revenue was $50.7 million during the third quarter of 2022, compared to $58.9 million in the third quarter of 2021 • Gross profit was $45.5 million during the third quarter of 2022, compared to $52.5
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000162828022028207/0001628280-22-028207-index.htm

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