OPENLANE, Inc. Reports First Quarter 2026 Financial Results
OPENLANE reported Q1 revenue of $528M, up 15% YoY, with Adjusted EBITDA of $97M, up 17%, driven by 32% growth in GMV to $9.1B. The company raised full-year 2026 guidance, increasing net income expectations to $147M-$164M and Adjusted EBITDA to $365M-$385M at the midpoint.
Key figures
- Eps
- 0.35
- Revenue
- $528 million
- Guidance
- FY26 Net income $147M-$164M (raised from $130M-$147M); Adjusted EBITDA $365M-$385M (raised from $350M-$370M)
- Revenue Yoy
- 15%
- Gmv
- $9.1 billion
- Gmv yoy
- 32%
- Net income
- 49
- Net income yoy
- 33%
- Adjusted ebitda
- 97
- Adjusted ebitda yoy
- 17%
- Cash flow from operations
- 160
AI analysis
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