secwatch.observer — SEC 8-K summary
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Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001806201-25-000087
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Open Lending Q2 2025 revenue $25.3M (-5% YoY); net income $1.0M vs $2.9M
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- Certified loans 26,522, down 8.4% from 28,963 in Q2 2024.
- Total revenue $25.3M, down 5% from $26.7M; gross profit $19.8M vs $21.0M.
- Net income $1.0M vs $2.9M YoY; Adjusted EBITDA $4.1M vs $6.8M YoY.
- Extended relationship with AmTrust, largest insurance provider, for over a decade.
- Adjusted EBITDA definition updated to exclude interest income, prior periods conformed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000180620125000087/0001806201-25-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000180620125000087/lpro-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001806201-25-000087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer