AI brief of an SEC Form 8-K · OPENLANE (OPLN)

OPENLANE Q4 revenue rose 9% to $494 million; loss to common holders $1.77 per share

Mixed Impact 3 of 5 earnings Written later

OPENLANE reported fourth-quarter and full-year 2025 results and gave 2026 guidance. Revenue and income from continuing operations rose, but large Series A Preferred Stock dividends turned the quarterly result into a loss for common stockholders. The 2026 guidance projects net income of $130 million to $147 million and Adjusted EBITDA of $350 million to $370 million.

Key points

  • Q4 2025 total operating revenues were $494.3 million, up from $455.0 million a year earlier; income from continuing operations was $59.5 million versus $52.3 million.
  • Q4 2025 loss attributable to common stockholders was $188.0 million, or $1.77 per diluted share, after $247.5 million of Series A Preferred Stock dividends (including deemed dividends), versus $0.29 per diluted share in Q4 2024.
  • Full-year 2025 revenue was $1.9 billion, up 8%, and Adjusted EBITDA was $333 million, up 13%; the loss attributable to common stockholders was $0.96 per diluted share versus $0.45 in 2024.
  • 2026 guidance: net income of $130 million to $147 million, Adjusted EBITDA of $350 million to $370 million, and diluted net income per share of $0.95 to $1.09; the company's Investor Day is on March 3, 2026.

The filing

CompanyOPENLANE (OPLN)
Form8-K, current report
Filed with the SECFeb 18, 2026, 7:00 AM ET
Accession number0001395942-26-000005

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 18, 2026.

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.