Openlane Q3 net income totals $45 million; revenue rises 13% to $561 million
OPLN•OPENLANE reported third-quarter 2026 net income of $45 million and revenue of $561 million, up 13% year over year. It narrowed 2026 net income guidance to $169 million–$177 million and extended its $400 million share repurchase authorization through December 31, 2027.
1. Quarterly results and outlook
OPENLANE reported third-quarter 2026 net income of $45 million, revenue up 13% year over year to $561 million, and gross merchandise value up 38% to approximately $10 billion. Cash flow from operating activities increased 34% to $97 million. The company narrowed its 2026 net income guidance to $169 million–$177 million and extended its $400 million share repurchase authorization through December 31, 2027.
