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NYSE · Consumer Discretionary

OPENLANE, Inc. (OPLN)

As-reported financials and SEC filings for OPENLANE, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About OPENLANE, Inc.

OPENLANE, Inc. operates a digital marketplace for wholesale used vehicles in the United States, Canada, and Europe. The company connects automotive manufacturers, dealers, rental companies, fleet operators, and finance institutions to facilitate vehicle transactions and offers services including vehicle inspection, logistics, financing, and technology solutions. OPENLANE serves both commercial sellers and dealer customers by providing a platform for buying and selling used vehicles, along with ancillary services such as floorplan financing through its subsidiary AFC.

Snapshot

Revenue
$1.93B
Revenue growth (YoY)
8.2%
Net income
$177.7M
Diluted EPS
$-0.96
Gross margin
Operating margin
10.2%
Net margin
9.2%
FCF margin
17.4%
ROE
14.3%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$4.28B
Long-term debt / equity
0.43×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at OPENLANE

  • Revenue grew 8.2% to $1.9B in FY2025, faster than the 5.5% the year before.
  • Operating margin is 10.2% in FY2025, +1.4 pp against 8.8% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $555M, up 15.1% from Q2 FY2025.
  • Free cash flow was $337M in FY2025, 17.4% of revenue.
  • Net income rose 61.7% to $178M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where OPENLANE’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin10.2%
74th percentile of 348
Net margin9.2%
80th percentile of 377
FCF margin17.4%
94th percentile of 351
Revenue growth (YoY)+8.2%
70th percentile of 394
ROE14.3%
66th percentile of 343
Long-term debt / equity0.43×
47th percentile of 234
Short interest1.34d
18th percentile of 401

OPENLANE’s FCF margin of 17.4% ranks in the 94th percentile of the 351 Consumer Discretionary companies reporting it.

1 reported insider purchase (code P) totaling $499,999 in the last 90 days, against 1 sale totaling $274.9M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$111.0M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$35.9M870.1KAdded
Two Sigma InvestmentsquantQ2 2026$27.5M665.9KReduced
Harris Associates (Oakmark)Q2 2026$15.9M386.2KReduced
Millennium ManagementquantQ2 2026$13.7M331.4KAdded
AQR Capital ManagementquantQ2 2026$9.0M217.5KAdded
Citadel AdvisorsquantQ2 2026$4.5M109.3KAdded
Gotham Asset ManagementQ2 2026$1.7M40.8KAdded
Renaissance TechnologiesquantQ2 2026$1.6M38.4KReduced
Polen Capital ManagementQ2 2026$1.3M31.0KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$500K
code P value
Sells (90d)
1
$274.9M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-24
filed 2026-08-26
Kelly Peter JChief Executive OfficerBuy14.8K$33.72$500K
2026-08-13
Ignition Acquisition Holdings LP10% ownerSell8.0M$34.36$274.9M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.2M
settled 2026-08-14
Change vs prior
+18.6%
vs previous settlement
Days to cover
1.34
at avg daily volume
Avg daily volume
1.7M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.2M+18.6%1.34
2026-07-311.9M-16.2%2.30
2026-07-152.2M-12.3%2.95
2026-06-302.5M+90.6%1.65
2026-06-151.3M-7.3%1.30
2026-05-291.4M+2.1%1.56
2026-05-151.4M-14.0%1.10
2026-04-301.6M+17.3%3.40

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.93B$1.79B$1.70B$1.53B$1.45B
Gross profit
Operating income$196.6M$182.2M$-135.8M$94.7M$127.5M
Net income$177.7M$109.9M$-154.1M$241.2M$66.5M
Diluted EPS$-0.96$0.45$-1.82$1.30$0.16

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$141.5M$143.0M$93.5M$225.7M$177.6M
Current assets$3.01B$2.85B$2.84B$3.02B$3.39B
Total assets$4.72B$4.62B$4.73B$5.12B$7.45B
Current liabilities$2.60B$2.57B$2.48B$2.64B$3.01B
Long-term debt$530.1M$0$202.4M$205.3M$1.85B
Total liabilities$3.48B$3.28B$3.40B$3.60B$5.94B
Total equity$1.24B$1.34B$1.33B$1.52B$1.51B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$391.9M$292.8M$237.0M$4.1M$233.9M
Capital expenditure$55.4M$53.0M$52.0M$60.9M$64.2M
Free cash flow$336.5M$239.8M$185.0M$-56.8M$169.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$554.6M15.1%$44.3M$0.32
Q1 FY2026$527.9M14.7%$48.9M$0.35
Q4 FY2025$494.3M8.6%$59.5M$0.58
Q3 FY2025$498.4M8.4%$47.9M$0.25
Q2 FY2025$481.7M8.5%$33.4M$0.15
Q1 FY2025$460.1M7.0%$36.9M$0.18
Q4 FY2024$455.0M3.0%$52.3M$0.48
Q3 FY2024$459.8M7.5%$28.4M$0.12

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorConsumer Discretionary
SIC industryRetail-Auto Dealers & Gasoline Stations
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK1395942

Selected SEC filings

10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-06-12
View on EDGAR →
8-K2026-06-08
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.