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

OPENLANE Q3 revenue rises 13% to $561 million; narrows 2026 guidance higher

Positive Impact 4 of 5 earnings

OPENLANE reported third-quarter 2026 revenue of $561.2 million, up 13% from a year earlier, and diluted earnings per share of $0.36 versus $0.25. Net income fell to $44.7 million from $47.9 million. The company narrowed its 2026 guidance upward and raised its share repurchase authorization by $150 million to $400 million.

Key points

  • Q3 2026 revenue $561.2 million vs. $498.4 million a year earlier; net income $44.7 million vs. $47.9 million
  • Q3 Adjusted EBITDA $106.8 million vs. $87.1 million; diluted EPS $0.36 vs. $0.25
  • 2026 guidance: net income raised to $169-$177 million from $163-$176 million; diluted EPS raised to $1.27-$1.34 from $1.23-$1.33
  • Repurchase program increased to $400 million and extended through December 31, 2027; about $250 million available at October 31, 2026

The filing

CompanyOPENLANE (OPLN)
Form8-K, current report
Filed with the SECNov 4, 2026, 7:00 AM ET
Accession number0001395942-26-000036

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.