---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-24-000058"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:40:14.530005+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OPENLANE Q2 revenue $432M (+4% YoY); adj. EBITDA $71M; updates FY 2024 guidance

## Summary
- Marketplace volumes up 7% YoY; GMV ~$7B (+6% YoY).
- Income from continuing ops $11M; adjusted EBITDA $71M vs $83.8M in Q2 2023.
- FY2024 guidance: income from continuing ops $65-80M; adj. EBITDA $285-305M.
- Recorded $12M Canadian Digital Services Tax charge ($10M prior years).
- Year-to-date cash flow from operations $138M.

## SEC filing metadata
- accession: 0001395942-24-000058
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000058/0001395942-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000058/kar-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-24-000058
- JSON: https://secwatch.observer/filing/0001395942-24-000058.json
- Plain text: https://secwatch.observer/filing/0001395942-24-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.