OPENLANE OPLN
OPENLANE reports Q3 2026 financial results
Item 2.02 Reports results
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001395942-26-000036
- Revenue of $561 million, up 13% YoY
- Net income of $45 million
- Gross Merchandise Value of $10.0 billion, up 38% YoY
- Adjusted EBITDA of $107 million, up 23% YoY
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- The company issued a press release and posted supplemental financial information and earnings slides on its investor relations website.
- A conference call and webcast were scheduled for the same day.
- The press release highlighted a 46% year-over-year increase in marketplace commercial vehicles sold and 10% growth in marketplace dealer vehicles sold.
- Gross Merchandise Value (GMV) reached $10.0 billion, up 38% from the prior year.
- Revenue for the quarter was $561 million, a 13% increase from the previous year.
- Net income for the quarter was $45 million, and adjusted EBITDA was $107 million, up 23% year-over-year.
- Cash flow from operating activities was $97 million, a 34% increase compared to the same period last year.
7 of 8 claims matched the filing text.
Not found in the filing text
- The company also provided earnings slides and supplemental financial data.
From the filing
Item 2.02 Results of Operations and Financial Condition.
On November 4, 2026, OPENLANE, Inc. ("OPENLANE" or the "Company") issued a press release announcing its financial results1 for the three and nine months ended September 30, 2026. OPENLANE will host an earnings conference call and webcast, Wednesday, November 4, 2026 at 8:30 a.m., Eastern Time2. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor relations section of corporate.openlane.com. The press release dated November 4, 2026 is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference in its entirety.
On November 4, 2026, OPENLANE also posted supplemental financial information for the three and nine months ended September 30, 2026, and Earnings Slides for the quarter ended September 30, 20261. The supplemental financial information and Earnings Slides can be located at the investor relations section of corporate.openlane.com. The supplemental financial information and Earnings Slides posted on November 4, 2026 are attached to this Current Report on Form 8-K as Exhibits 99.2 and 99.3, respectively, and are incorporated herein by reference in their entirety.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
EXHIBIT NO. DESCRIPTION OF EXHIBIT
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: November 4, 2026
OPENLANE, Inc.
/s/ BRADLEY HERRING
Bradley Herring
Executive Vice President and Chief Financial Officer
- EARNINGS RELEASE EXHIBIT 99.1 EARNINGS RELEASE
For Immediate Release
Analyst Inquiries:
Media Inquiries:
Bill Wright
Laurie Dippold
investor_relations@openlane.com
laurie.dippold@openlane.com
OPENLANE, Inc. Reports Third Quarter 2026 Financial Results
• Marketplace commercial vehicles sold growth of 46% YoY3
• Marketplace dealer vehicles sold growth of 10% YoY3, driven by 22% growth in US dealer vehicles sold
• Gross Merchandise Value (GMV) of approximately $10.0 billion, representing 38% YoY growth4
• Revenue of $561 million, representing 13% YoY growth5, driven by 18% growth in auction and related fees
• Adjusted EBITDA of $107 million, representing 23% YoY growth6
• Cash flow from operating activities of $97 million, representing 34% YoY growth7
Carmel, IN, November 4, 2026 — OPENLANE, Inc. (NYSE: OPLN), today reported its third quarter financial results for the period ended September 30, 2026.
"The positive momentum OPENLANE sustained in the third quarter reinforces the strength of our strategy and the differentiated value we deliver to the market," said Peter Kelly, CEO
Similar companies
Companies of similar size in SIC 5500 and related industry codes: the same peer list as the financial tables.
- Penske Automotive Group PAG public float $3.1B, Jun 30, 2025
- Rush Enterprises RUSHA public float $3.6B, Jun 30, 2025
- Sonic Automotive SAH public float $1.6B, Jun 30, 2025
- Asbury Automotive Group ABG public float $4.7B, Jun 30, 2025
- Group 1 Automotive GPI public float $5.5B, Jun 30, 2025
