OPENLANE, Inc (OPLN) Financials
Key financial figures for OPENLANE, Inc (Q3 2026).
OPENLANE grew third-quarter revenue 13% to $561.2 million and Adjusted EBITDA 23% to $106.8 million, and narrowed 2026 guidance with higher low ends. Revenue: $561.2M versus $498.4M a year earlier (+13%), led by auction and related fees of $253.2M versus $215.2M (+18%). Finance revenue was $114.7M versus $109.0M and purchased vehicle sales were $119.4M versus $108.9M. Profit: Operating profit was $70.4M versus $55.0M. Net income was $44.7M versus $47.9M, with income taxes of $15.4M versus $8.2M and interest expense of $10.0M versus $1.1M. On the outlook: Narrowed 2026 guidance (previous, August 4, 2026, to revised, November 4, 2026): net income $163M-$176M to $169M-$177M; Adjusted EBITDA $385M-$400M to $390M-$400M; diluted EPS $1.23-$1.33 to $1.27-$1.34; Operating Adjusted EPS $1.40-$1.50 to $1.45-$1.52. Figures are for Q3 2026, as OPENLANE Inc reported them.
- Revenue
- $561M
- Net Income
- $45M
- EPS
- $0.36
- Total Assets
- $5.2B
- Operating Cash Flow
- $97M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $561M | $45M | $0.36 | 12.54% | $83M |
| Q2 FY2026 | $555M | $44M | $0.32 | 12.17% | $39M |
| Q1 FY2026 | $528M | $49M | $0.35 | 19% | $147M |
| Q4 FY2025 | $494M | $60M | -$1.54 | 14.55% | $104M |
| Q3 FY2025 | $498M | $48M | $0.25 | 17.15% | $58M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.9B | $178M | -$0.96 | 16.67% | $337M |
| FY2024 | $1.8B | $110M | $0.45 | 10.19% | $223M |
| FY2023 | $1.6B | -$154M | -$1.82 | -0.32% | $177M |
Frequently asked questions
What was OPENLANE Inc's revenue last quarter?
OPENLANE Inc reported revenue of $561.2 million for Q3 FY2026, up 12.6% from the same period a year earlier.
Is OPENLANE Inc profitable?
Yes. OPENLANE Inc reported net income of $44.7 million for Q3 FY2026, a net margin of 7.97% on revenue.
How has OPENLANE Inc's margin trended?
Operating margin was 12.54% in Q3 FY2026, compared with 17.15% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did OPENLANE Inc generate?
OPENLANE Inc generated free cash flow of $83.3 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for OPENLANE, Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.