secwatch.observer — SEC 8-K summary
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Issuer:     OPENLANE, Inc. (OPLN)
CIK:        0001395942
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001395942-26-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1395942/000139594226000005/0001395942-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1395942/000139594226000005/kar-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001395942-26-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer