OPENLANE Q4 revenue up 12% to $455 million; full-year net income $110 million
OPENLANE reported fourth-quarter and full-year 2024 results that improved on 2023, with Q4 revenue of $455 million and full-year income from continuing operations of $110 million, compared with a $155 million loss in 2023. The company also issued 2025 guidance of $290 million to $310 million in adjusted EBITDA and $0.38 to $0.48 in diluted income from continuing operations per share, which reflects the December 2024 divestiture of its automotive key business.
Key points
- Q4 2024 total operating revenues were $455 million, up 12% from $406.1 million in Q4 2023, and Q4 income from continuing operations was $52.3 million versus $13.6 million a year earlier.
- Full-year 2024 total operating revenues were $1,788.5 million, up from $1,695.7 million, and full-year income from continuing operations was $109.9 million versus a loss of $154.8 million in 2023.
- Q4 2024 results include a $31.6 million gain on sale of business.
- 2025 guidance: income from continuing operations of $100 million to $114 million, adjusted EBITDA of $290 million to $310 million, and diluted income from continuing operations per share of $0.38 to $0.48.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.