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

OPENLANE Q2 revenue rises 15% to $555 million; raises 2026 Adjusted EBITDA guidance

Positive Impact 4 of 5 earnings Written later

OPENLANE reported second-quarter 2026 revenue of $555 million, up 15% from a year earlier, with net income of $44 million, up 33%, and Adjusted EBITDA of $103 million, up 19%. The company raised its 2026 Adjusted EBITDA guidance to $385 million to $400 million from $365 million to $385 million, and raised its net income guidance to $163 million to $176 million from $147 million to $164 million.

Key points

Q2 2026 total operating revenues were $554.6 million versus $481.7 million in Q2 2025, up 15%.
Q2 2026 net income was $44.3 million, or $0.32 diluted EPS, versus $33.4 million, or $0.15 diluted EPS, a year earlier.
2026 Adjusted EBITDA guidance was raised to $385 million to $400 million from $365 million to $385 million.
2026 diluted EPS guidance was raised to $1.23 to $1.33 from $1.09 to $1.23, with the revised figures reflecting the preferred stock conversion in May 2026.

The filing

CompanyOPENLANE (OPLN)

Form8-K, current report

Filed with the SECAug 4, 2026, 7:00 AM ET

Accession number0001395942-26-000030

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 August 04, 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.