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Openlane Q1 2026 Earnings Results & Report

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$36.64 -0.07 (-0.19%)
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Openlane beat analyst earnings expectations in its Q1 2026 results, released May 5, 2026. The company reported EPS of $0.35 versus the $0.32 consensus estimate, while revenue was $527.90 million. Revenue increased 14.8% year over year.

Earnings Announcement Details

Quarter
Q1 2026
Report Date
Time
Before Market Opens

Openlane EPS Results

Actual EPS
$0.35
Consensus EPS
$0.32
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.31

Openlane Revenue Results

Actual Revenue
$527.90 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
+14.80%

Openlane Q1 2026 Earnings FAQ

Openlane (NYSE:OPLN) reported earnings of $0.35 per share for Q1 2026, beating the consensus estimate of $0.32. The report was announced on Tuesday, May 5, 2026.

Openlane reported revenue of $527.90 million for Q1 2026.

Openlane Earnings Headlines

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About Openlane

Openlane (NYSE:OPLN), Inc. operates a digital marketplace and technology platform for the wholesale vehicle industry. The company connects buyers and sellers of used vehicles, including automotive dealers, manufacturers, rental and fleet operators, financial institutions, and other commercial consignors.

Its services include online and physical vehicle auctions, vehicle inspections and condition reports, transportation and logistics, title and registration support, and marketplace tools that facilitate wholesale vehicle transactions. Openlane also provides financing and related services designed to support buyers and sellers throughout the remarketing process.

The company serves customers primarily in North America and has historically operated through the OPENLANE brand and related auction and automotive remarketing businesses. The business was formerly known as KAR Auction Services before adopting the OPENLANE name. Peter Kelly has served as the company's chief executive officer.

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