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

OPENLANE Q1 revenue rises 15% to $527.9 million; company raises 2026 guidance

Positive Impact 4 of 5 guidance Written later

OPENLANE reported first quarter 2026 revenue of $527.9 million, up 15% from $460.1 million a year earlier, with net income of $48.9 million, up from $36.9 million. The company raised its full-year 2026 guidance, lifting its net income range to $147 million-$164 million and its Adjusted EBITDA range to $365 million-$385 million, which means higher expected profit for shareholders.

Key points

  • Q1 2026 revenue $527.9 million vs. $460.1 million in Q1 2025 (up 15%); auction and related fees rose 22% to $241.8 million
  • Q1 2026 net income $48.9 million vs. $36.9 million; diluted EPS $0.35 vs. $0.18
  • Q1 2026 Adjusted EBITDA $96.7 million vs. $82.8 million (up 17%)
  • 2026 guidance raised: net income $147 million-$164 million (from $130 million-$147 million); Adjusted EBITDA $365 million-$385 million (from $350 million-$370 million)

The filing

CompanyOPENLANE (OPLN)
Form8-K, current report
Filed with the SECMay 5, 2026, 7:00 AM ET
Accession number0001395942-26-000018

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 May 05, 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.