OPENLANE, Inc. Reports Second Quarter 2026 Financial ResultsMarketplace commercial vehicles sold growth of 39% YoY Marketplace dealer vehicles sold growth of 13% YoY, driven by 31% growth in US dealer vehicles sold Gross Merchandise Value (GMV) of approximately $10.5 billion, representing 41% YoY growth Revenue of $555 million, representing 15% YoY growth, driven by 21% growth in auction and related fees Net income of $44 million, representing 33% YoY growth Adjusted EBITDA of $103 million, representing 19% YoY growth Cash flow from operating activities of $53 million CARMEL, Ind., Aug. 4, 2026 /PRNewswire/ -- OPENLANE, Inc. (NYSE: OPLN), today reported its second quarter financial results for the period ended June 30, 2026.
PRNewsWire8/4/2026Neutral