---
schema_version: "secwatch.filing_event.v1"
accession: "0001806201-25-000032"
form_type: "8-K"
ticker: "LPRO"
cik: "0001806201"
company_name: "Open Lending Corp"
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T02:09:16.632686+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Open Lending reports Q4 2024 negative revenue of $56.9M; appoints new CEO and COO

## Summary
- Q4 total revenue negative $56.9M vs $14.9M prior year; net loss $144.4M vs $4.8M loss.
- Full year 2024 revenue $24.0M, down from $117.5M; net loss $135.0M vs net income $22.1M.
- Revenue hit by $81.3M reduction in estimated profit share revenues from historic vintages in Q4.
- Board appoints Jessica Buss as CEO effective immediately; Michelle Glasl as COO.
- Certified loans: 26,065 in Q4 vs 26,263 prior year; full year 110,652 vs 122,984.

## SEC filing metadata
- accession: 0001806201-25-000032
- form_type: 8-K
- ticker: LPRO
- cik: 0001806201
- company_name: Open Lending Corp
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806201/000180620125000032/0001806201-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806201/000180620125000032/lpro-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001806201-25-000032
- JSON: https://secwatch.observer/filing/0001806201-25-000032.json
- Plain text: https://secwatch.observer/filing/0001806201-25-000032.txt

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