OPENLANE, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.9B | $1.8B | $1.7B | $1.5B | $1.5B |
| Selling, general & administrative | $445.2M | $408.6M | $421.8M | $436.3M | $420.7M |
| Operating income | $196.6M | $182.2M | -$135.8M | $94.7M | $127.5M |
| Interest expense | $18.1M | $21.8M | $25.2M | $40.2M | $125.7M |
| Pretax income | $192.2M | $157.9M | -$146.5M | $38.6M | $14.3M |
| Income tax expense | $14.5M | $48.0M | $8.3M | $10.0M | $15.1M |
| Net income | $177.7M | $109.9M | -$154.1M | $241.2M | $66.5M |
| Balance Sheet | |||||
| Cash and equivalents | $141.5M | $143.0M | $93.5M | $225.7M | $177.6M |
| Current assets | $3.0B | $2.9B | $2.8B | $3.0B | $3.4B |
| Total assets | $4.7B | $4.6B | $4.7B | $5.1B | $7.5B |
| Current liabilities | $2.6B | $2.6B | $2.5B | $2.6B | $3.0B |
| Total debt | $550.0M | $230.7M | $364.6M | $498.7M | $1.9B |
| Stockholders' equity | $1.2B | $1.3B | $1.3B | $1.5B | $1.5B |
| Cash Flow Statement | |||||
| Cash from operations | $391.9M | $292.8M | $237.0M | $4.1M | $233.9M |
| Depreciation and amortization | $91.7M | $95.2M | $101.5M | $100.2M | $109.9M |
| Stock-based compensation | $14.6M | $14.7M | $16.5M | $16.6M | $13.2M |
| Capital expenditure | $55.4M | $53.0M | $52.0M | $60.9M | $64.2M |
| Free cash flow | $336.5M | $239.8M | $185.0M | -$56.8M | $169.7M |
| Dividends paid | — | — | — | $0 | $0 |
| Share repurchases | $45.6M | $30.0M | $22.2M | $182.2M | $180.9M |
| Impairments | $0 | $0 | $225.3M | $0 | — |
Shares outstanding 105.9M · Free float 51.8%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.