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OPENLANE OPLN Purchased vehicle sales — Operating revenues

Other product segments

Auction and Related Fees
$241.8M+21.6%
Interest revenue
$229.1M-0.9%
Fee and other revenue
$204.6M+2.3%
Finance revenue
$106.2M-1.5%
SaaS and Other Revenue
$67.5M+1.4%

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Other financials

Income statement

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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

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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

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Operating cash flow$159.6M+30.2%
CapEx$13.1M+10.1%
Free cash flow$146.5M+32.3%

Valuation

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Market cap$4.62B+41.3%
Enterprise value$5.05B
P/E24.4×
P/S2.3×

Profitability

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Gross margin46.5%+0.6pp
Operating margin10.9%+0.1pp
Net margin9.5%+2.4pp
FCF margin18.6%+4.1pp

Returns & leverage

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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:Revenues.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating revenues
Auction and related fees$241.8$198.9
SaaS and other revenue67.566.6
Purchased vehicle sales112.285.7
Finance revenue106.4108.9
Total operating revenues527.9460.1
Operating expenses
Cost of services (exclusive of depreciation and amortization)271.7241.6

Item 1. Financial Statements (Unaudited)

FAQ

What is OPENLANE's purchased vehicle sales — operating revenues?
OPENLANE (OPLN) reported purchased vehicle sales — operating revenues of $112.2M in Q1 2026.
How has OPENLANE's purchased vehicle sales — operating revenues changed year-over-year?
OPENLANE's purchased vehicle sales — operating revenues increased by 30.9% year-over-year, from $85.7M to $112.2M.
What is the long-term trend for OPENLANE's purchased vehicle sales — operating revenues?
Over 2 years (2023 to 2025), OPENLANE's purchased vehicle sales — operating revenues has grown at a 31.6% compound annual growth rate (CAGR), from $236.7M to $410.2M.
What does purchased vehicle sales — operating revenues mean?
This metric represents the total operating revenue generated from the direct purchase and subsequent resale of used vehicles by the company. It reflects the scale of the company's principal-based inventory model where the entity takes ownership of vehicles before remarketing them to buyers. This revenue stream highlights the company's ability to source, manage, and profitably liquidate vehicle inventory within its digital marketplace ecosystem.

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