OPENLANE (OPLN)
Runs digital used-vehicle wholesale marketplaces with AFC dealer financing.
$34.43
vs last close−0.20 (−0.58%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 416 | 391 | 430 | 444 | 448 | 492 | 460 | 482 | 498 | 494 | 528 | 555 |
| Cost of revenue | 216 | 205 | 247 | 278 | 252 | 368 | 264 | 277 | 293 | 299 | 295 | 332 |
| Gross profit | 200 | 187 | 183 | 166 | 196 | 124 | 196 | 204 | 206 | 196 | 233 | 223 |
| 134 | 129 | 147 | 142 | 123 | 140 | 115 | 121 | 120 | 124 | 133 | 155 | |
| 107 | 104 | 107 | 105 | 99 | 95 | 115 | 121 | 120 | 124 | 133 | 124 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124 |
| Other expenses | 26 | 25 | 40 | 37 | 24 | 46 | 0 | 0 | 0 | 0 | 0 | 31 |
| Operating income | 67 | 57 | 37 | 24 | 73 | −16 | 81 | 84 | 86 | 72 | 100 | 68 |
| −41 | −36 | −8 | −6 | −32 | 85 | −29 | −32 | −29 | −40 | −35 | −6 | |
| Interest expense | 39 | 39 | 40 | 37 | 35 | −91 | 32 | 30 | 29 | 37 | 35 | 10 |
| Other non-operating income | 2 | −3 | 1 | 0 | −4 | 5 | −3 | 2 | 0 | 3 | 0 | −4 |
| Income before tax | 25 | 21 | 29 | 18 | 42 | 69 | 53 | 52 | 56 | 32 | 65 | 61 |
| Income tax expense | 13 | 8 | 11 | 8 | 13 | 17 | 16 | 18 | 8 | −28 | 16 | 17 |
| Net income from continuing operations | 13 | 14 | 19 | 11 | 28 | 52 | 37 | 33 | 48 | 60 | 49 | 44 |
| Discontinued operations | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 13 | 14 | 19 | 11 | 28 | 52 | 37 | 33 | 48 | 60 | 49 | 44 |
| EPS, basic | $0.01 | $0.03 | $0.05 | −$0.00 | $0.12 | $0.29 | $0.18 | $0.16 | $0.26 | −$0.60 | $0.35 | $0.33 |
| EPS, diluted | $0.01 | $0.02 | $0.05 | −$0.00 | $0.12 | $0.29 | $0.18 | $0.15 | $0.25 | −$1.54 | $0.35 | $0.32 |
| Weighted average shares, basic | 109 | 108 | 108 | 109 | 109 | 107 | 107 | 107 | 107 | 107 | 107 | 115 |
| Weighted average shares, diluted | 110 | 145 | 109 | 109 | 109 | 107 | 107 | 107 | 108 | 108 | 108 | 117 |
| EBITDA | 91 | 86 | 61 | 48 | 101 | 1 | 107 | 105 | 108 | 92 | 123 | 93 |
| Depreciation & amortization | 26 | 25 | 24 | 24 | 24 | 23 | 23 | 23 | 23 | 23 | 23 | 22 |
| EBIT | 65 | 61 | 36 | 24 | 77 | −22 | 84 | 82 | 85 | 69 | 100 | 71 |
