Openlane Q3 net income totals $45 million; revenue rises 13% to $561 million

• OPENLANE reported third-quarter 2026 net income of $45 million; revenue rose 13% year over year to $561 million.
• Gross merchandise value climbed 38% year over year to approximately $10 billion.
• Cash flow from operating activities increased 34% year over year to $97 million.
• The share repurchase authorization increased to $400 million and was extended through December 31, 2027.
• Annual 2026 net income guidance narrowed to $169 million–$177 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Openlane Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001395942-26-000036), on November 04, 2026, and is solely responsible for the information contained therein.