---
schema_version: "secwatch.filing_event.v1"
accession: "0001806201-24-000033"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:30:07.852299+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Open Lending Q4 2023 revenue $14.9M, net loss $4.8M; certified loans down 24% YoY

## Summary
- Q4 2023 certified loans 26,263, down 24% from 34,550 YoY; total revenue $14.9M (down 44% from $26.8M).
- Q4 net loss $4.8M vs loss $4.2M a year ago; adjusted EBITDA -$2.1M vs $8.5M.
- Full-year 2023 certified loans 122,984, down 26% from 165,211; revenue $117.5M vs $179.6M.
- Profit share revenue reduced by $14.3M in Q4 and $22.8M for full year due to historical vintage adjustments.
- CEO cites continued product, technology, and go-to-market improvements; priorities for 2024 include bank segment expansion.

## SEC filing metadata
- accession: 0001806201-24-000033
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000180620124000033/0001806201-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000180620124000033/lpro-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001806201-24-000033
- JSON: https://secwatch.observer/filing/0001806201-24-000033.json
- Plain text: https://secwatch.observer/filing/0001806201-24-000033.txt

## Key facts
- Earnings Releases
  Open Lending Corp reported financial results for the fiscal quarter and year ended December 31, 2023.
  - Period: the fiscal quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 27, 2024, Open Lending Corporation (the “Company”) issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806201/000180620124000033/0001806201-24-000033-index.htm

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