OPENLANE Q1 revenue up 15% to $528M, net income up 33%; raises FY guidance

OPENLANE, Inc.

2026-Q1 EPS reported $0.35 revenue$527,900,000

Revenue of $528M (+15% YoY); net income $49M (+33%); adjusted EBITDA $97M (+17%).
Gross merchandise value $9.1B (+32%); marketplace vehicles sold up 19% YoY.
Cash flow from operations $160M (+30%); US dealer-to-dealer volume grew in upper 20% range.
Raised FY 2026 guidance: net income $147-164M (was $130-147M), adj EBITDA $365-385M.
CEO cites market share gains, technology advantage, and early off-lease volume return.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

OPENLANE, Inc. reported three months ended March 31, 2026 results: revenue $528 million, net income $49 million. Guidance raised.

Period: three months ended March 31, 2026
Revenue: $528 million
Net income: $49 million
Guidance: raised
Result: reported results

Exact text from the filing

• Revenue of $528 million, representing 15% YoY growth, driven by 22% growth in auction and related fees • Net income of $49 million, representing 33% YoY growth • Adjusted EBITDA of $97 million, representing 17% YoY growth

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Source: SEC EDGAR

accession 0001395942-26-000018

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