What is OPENLANE's finance — finance receivables allowances?

OPENLANE (OPLN) reported finance — finance receivables allowances of $30M in Q1 2026.

How has OPENLANE's finance — finance receivables allowances changed year-over-year?

OPENLANE's finance — finance receivables allowances increased by 46.3% year-over-year, from $20.5M to $30M.

What does finance — finance receivables allowances mean?

The total reserve amount set aside to cover estimated losses from uncollectible financing receivables. This reflects management's assessment of credit risk within the loan portfolio and the potential for future defaults.

OPENLANE (OPLN) Finance — Finance receivables allowances

Screener

Other segment segments

Marketplace

$9.7M+44.8%

Similar metrics at other companies

ELACommercial — Allowance For Notes And Loans Receivable Current

$54.56K+2.1%

ELAConsumer — Allowance For Notes And Loans Receivable Current

$12.53K+40.4%

ONITServicing — Allowance for financing notes

$17M-6.6%

SCICemetery — Accounts Receivable, Allowance for Credit Loss, Noncurrent

$13.46M-13.9%

SCIFuneral — Accounts Receivable, Allowance for Credit Loss, Noncurrent

$20.47M+2.6%

HAYWEquipment financed under finance leases

$631K+162%

Other financials

Income statement

See full

Revenue$527.9M+14.7%

Gross profit$256.2M+17.3%

Operating income$73.8M+42.7%

Net income$48.9M+32.5%

EPS (diluted)$0.35+94.4%

Balance sheet

See full

Cash & equivalents$180.1M-18.3%

Total debt$607.3M+114%

Total equity$1.3B-8.7%

Total assets$4.9B+1.9%

Cash flow

See full

Operating cash flow$159.6M+30.2%

CapEx$13.1M+10.1%

Free cash flow$146.5M+32.3%

Valuation

See full

Market cap$4.62B+41.3%

Enterprise value$5.05B—

P/E24.4×—

P/S2.3×—

Profitability

See full

Gross margin46.5%+0.6pp

Operating margin10.9%+0.1pp

Net margin9.5%+2.4pp

FCF margin18.6%+4.1pp

Returns & leverage

See full

Return on equity14.4%+5.0pp

Debt / equity0.5×+0.3×

Current ratio1.2×0.0×

Where this comes from

Reported directly by OPENLANE in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForNotesAndLoansReceivableCurrent.

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	March 31, 2026	December 31, 2025
Cash and cash equivalents	$180.1	$141.5
Restricted cash	36.8	43.9
Trade receivables, net of allowances of $9.0 and $9.7	415.7	314.1
Finance receivables, net of allowances of $30.0 and $27.5	2,444.3	2,425.4
Other current assets	128.1	86.7
Total current assets	3,205.0	3,011.6
Other assets
Goodwill	1,239.8	1,243.5

Item 1. Financial Statements (Unaudited)

FAQ

What is OPENLANE's finance — finance receivables allowances?: OPENLANE (OPLN) reported finance — finance receivables allowances of $30M in Q1 2026.
How has OPENLANE's finance — finance receivables allowances changed year-over-year?: OPENLANE's finance — finance receivables allowances increased by 46.3% year-over-year, from $20.5M to $30M.
What does finance — finance receivables allowances mean?: The total reserve amount set aside to cover estimated losses from uncollectible financing receivables. This reflects management's assessment of credit risk within the loan portfolio and the potential for future defaults.