OPENLANE Q2 revenue up 15% to $555M, net income up 33% to $44M; raises FY2026 guidance

OPENLANE, Inc.

Revenue $555M (+15% YoY); net income $44M (+33% YoY); adjusted EBITDA $103M (+19% YoY).
Marketplace GMV $10.5B (+41% YoY); commercial vehicles sold +39% YoY; US dealer vehicles sold +31% YoY.
FY2026 guidance raised: adjusted EBITDA $385-400M (from $365-385M); net income $163-176M (from $147-164M).
AFC contributed $46M adjusted EBITDA; cash flow from operations $53M.
CEO cites off-lease inflection and US dealer volume outperformance as growth drivers.

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