---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-26-000005"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T01:59:02.389289+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# OPENLANE reports Q4 revenue up 9% YoY to $494M, Adj EBITDA $76M; provides 2026 guidance

## Summary
- Q4 revenue $494M (+9% YoY); income from cont. ops $60M (+14%); Adj EBITDA $76M (+5%).
- Full-year revenue $1.935B (+8%); Adj EBITDA $333M (+13%); operating cash flow $392M (+34%).
- Marketplace dealer volume grew 9% in Q4 and 15% for full year; GMV $7.1B (Q4) and ~$29B (FY).
- Guides FY2026: net income $130-147M, Adj EBITDA $350-370M, diluted EPS $0.95-$1.09.
- CEO cites strong U.S. dealer-to-dealer performance and off-lease volume inflection in early 2026.

## SEC filing metadata
- accession: 0001395942-26-000005
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594226000005/0001395942-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594226000005/kar-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-26-000005
- JSON: https://secwatch.observer/filing/0001395942-26-000005.json
- Plain text: https://secwatch.observer/filing/0001395942-26-000005.txt

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