---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-25-000067"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:13:26.898365+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OPENLANE Q3 revenue $498M (+8% YoY), Adj. EBITDA $87M (+17%); raises FY guidance

## Summary
- Revenue $498M (+8% YoY), income from cont. ops $48M (+69% YoY).
- Adjusted EBITDA $87M (+17% YoY); operating cash flow $72M.
- Marketplace dealer volume +14% YoY; GMV ~$7.3B (+9%).
- Raised 2025 Adj. EBITDA guidance to $328-$333M (from $310-$320M).
- CEO cites market share gains; positioned for off-lease inflection in 2026.

## SEC filing metadata
- accession: 0001395942-25-000067
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594225000067/0001395942-25-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594225000067/kar-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-25-000067
- JSON: https://secwatch.observer/filing/0001395942-25-000067.json
- Plain text: https://secwatch.observer/filing/0001395942-25-000067.txt

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