The financials
OPENLANE, Inc. by the numbers
OPENLANE, Inc. (OPLN) reported revenue of $555M in Q2 2026 (quarter ended June 30, 2026), up 15% from the same quarter a year earlier. That came with a gross margin of 45% and net income of $44M (8.0% of revenue). For the full year FY2025, revenue was $1.93B (+8.2% year on year) and net income $178M. Its largest product in 2026-Q1 was Auction And Related Fees at $242M, 46% of the disclosed total, just ahead of Purchased Vehicle Sales at 21%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $555M | $482M | +15% |
| Gross profit | $248M | $227M | +9.2% |
| Operating income | $68M | $47M | +42% |
| Net income | $44M | $33M | +33% |
| Diluted EPS | $0.32 | $0.15 | +113% |
| Product | Revenue | Share |
|---|---|---|
| Auction And Related Fees | $242M | 46% |
| Purchased Vehicle Sales | $112M | 21% |
| Finance | $106M | 20% |
| Saa S And Other | $68M | 13% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $527.9M (+6.8%)
Purchased Vehicle Sales grew +31% year on yearFinance -2.3% year on year
Segment Latestquarter on quarteryear on year
- Auction And Related Fees$241.8M$241.8MQoQ +18%year on year +22%+18%+22%
- Purchased Vehicle Sales$112.2M$112.2MQoQ -4.2%year on year +31%-4.2%+31%
- Finance$106.4M$106.4MQoQ -2.9%year on year -2.3%-2.9%-2.3%
- Saa S And Other$67.5M$67.5MQoQ +8.7%year on year +1.4%+8.7%+1.4%
- Auction Fees--QoQ -year on year ---
- Service--QoQ -year on year ---
Auto & Truck Dealerships
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