Open Lending Corporation has issued its financial outlook for the fourth quarter of 2025, expecting total certified loans to range between 21,500 and 23,500. In the third quarter of 2025, credit unions and banks accounted for 89.8% of certified loans, up from 79.5% in the same period last year, indicating a shift in the company's loan distribution. The average profit share revenue per certified loan decreased to $310 from $502 in the third quarter of 2024, while average program fee revenue per certified loan rose to $558 from $516 over the same period. These figures reflect notable changes in both revenue mix and loan origination channels for the company.
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