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OPENLANE OPLN Finance — Finance interest expense
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Where this comes from
Reported directly by OPENLANE in its filing.
Tagged under the XBRL concept us-gaap:FinancingInterestExpense.
The source filing: OPENLANE’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 10:59 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001395942-26-000019
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Total operating revenues | 527.9 | 460.1 |
| Operating expenses | ||
| Cost of services (exclusive of depreciation and amortization) | 271.7 | 241.6 |
| Finance interest expense | 24.8 | 27.6 |
| Provision for credit losses | 10.3 | 9.3 |
| Selling, general and administrative | 124.4 | 107.2 |
| Depreciation and amortization | 22.9 | 22.7 |
| Total operating expenses | 454.1 | 408.4 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is OPENLANE's finance — finance interest expense?
- OPENLANE (OPLN) reported finance — finance interest expense of $24.8M in Q1 2026.
- How has OPENLANE's finance — finance interest expense changed year-over-year?
- OPENLANE's finance — finance interest expense decreased by 10.1% year-over-year, from $27.6M to $24.8M.
- What is the long-term trend for OPENLANE's finance — finance interest expense?
- Over 3 years (2022 to 2025), OPENLANE's finance — finance interest expense has grown at a 11.6% compound annual growth rate (CAGR), from $79M to $109.9M.
- What does finance — finance interest expense mean?
- This represents the cost of debt capital specifically allocated to the financing business segment. It reflects the interest paid on borrowings used to fund the company's lending activities and portfolio growth.
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