Short answer
OPENLANE, Inc. (OPLN) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $528M (up 14.7% year over year) with net income of $49M.
Q1 2026 key financials · XBRL
- Revenue
- $528M
- +14.7% YoY
- Net income
- $49M
- +32.5% YoY
- Operating margin
- 14.0%
- EPS (diluted)
- $0.35
- +94.4% YoY
Source: XBRL data from the OPENLANE, Inc. (OPLN) Q1 2026 10-Q on SEC EDGAR. USD.
OPENLANE, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $527.9M, up 15% YoY from $460.1M
- Marketplace revenue $421.5M, up 20% YoY; Finance revenue $106.4M, down 2%
- Marketplace gross margin 35.4% vs 31.0% YoY; Finance margin 13.6% vs 13.9%
- Marketplace vehicles sold 432,000 vs 363,000; GMV $9.1B vs $6.9B
- Finance operating profit $36.9M vs $39.7M; credit-loss rate 1.6% vs 1.5% facing macroeconomic and tariff uncertainty
Risk Factors
- No risk-factors section provided; submitted text covers equity repurchases, other information, and exhibits
- Share-repurchase authorization: $250 million available through December 31, 2026
- Liquidity risk: remaining repurchase capacity declined to $178.5 million by March 31, 2026
- Regulatory compliance: repurchases subject to securities laws and Rule 10b5-1 requirements
- Capital-allocation risk: 963,627 shares repurchased at average $27.20 during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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