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Open Lending Corp
NASDAQ:LPRO

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Open Lending Corp
NASDAQ:LPRO
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Price: 6.28 USD 1.29%
Updated: May 17, 2024

Gross Margin
Open Lending Corp

79.4%
Current
88%
Average
66.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
79.4%
=
Gross Profit
87.2m
/
Revenue
109.8m

Gross Margin Across Competitors

Country US
Market Cap 748.3m USD
Gross Margin
79%
Country US
Market Cap 137.4B USD
Gross Margin
67%
Country US
Market Cap 78.7B USD
Gross Margin
82%
Country US
Market Cap 76.4B USD
Gross Margin
0%
Country US
Market Cap 75B USD
Gross Margin
72%
Country UK
Market Cap 50.5B GBP
Gross Margin
86%
Country US
Market Cap 50.7B USD
Gross Margin
86%
Country HK
Market Cap 374B HKD
Gross Margin
0%
Country US
Market Cap 39.8B USD
Gross Margin
82%
Country DE
Market Cap 34.1B EUR
Gross Margin
83%
Country US
Market Cap 35.9B USD
Gross Margin
66%

Profitability Report

View the profitability report to see the full profitability analysis for Open Lending Corp.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
79.4%
=
Gross Profit
87.2m
/
Revenue
109.8m
What is the Gross Margin of Open Lending Corp?

Based on Open Lending Corp's most recent financial statements, the company has Gross Margin of 79.4%.