Filing Flows › Openlane (OPLN) › Q2 2026 › vs Q1 2026
Openlane (OPLN) Q2 2026 vs Q1 2026 (quarter over quarter)
Openlane's revenue rose $26.7M (+5%) from $528M in Q1 2026 to $555M in Q2 2026. The biggest changes: Auction and Related Fees +$17.2M (+7%); SaaS and Other Revenue +$5.9M (+9%); Purchased vehicle sales +$2.7M (+2%). Operating margin 12.2% against 14.0% (-1.8 pts).
Openlane, Q2 2026: revenue $555M (+15% year over year), operating margin 12.2%, net earnings $44.3M, operating cash flow $52.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 12.2% | 14.0% | -1.8 pts |
| Net margin | 8.0% | 9.3% | -1.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Auction and Related Fees | $259M | $242M | $17.2M | +7% |
| Purchased vehicle sales | $115M | $112M | $2.7M | +2% |
| Finance revenue | $107M | $106M | $900K | +0.8% |
| SaaS and Other Revenue | $73.4M | $67.5M | $5.9M | +9% |
| Revenue | $555M | $528M | $26.7M | +5% |
| Operating profit | $67.5M | $73.8M | −$6.3M | -9% |
| Costs & expenses | $487M | $454M | $33.0M | +7% |
| Pre-tax earnings | $61.1M | $65.3M | −$4.2M | -6% |
| Other expense, net | $6.4M | $8.5M | −$2.1M | -25% |
| Cost of revenue | $306M | $272M | $34.7M | +13% |
| SG&A | $124M | $124M | −$600K | -0.5% |
| Other operating costs | $56.9M | $58.0M | −$1.1M | -2% |
| Net earnings | $44.3M | $48.9M | −$4.6M | -9% |
| Income tax | $16.8M | $16.4M | $400K | +2% |
| Depreciation & amortization | $22.3M | $22.9M | −$600K | -3% |
| Share-based compensation | $8.5M | $9.4M | −$900K | -10% |
| Working capital & other | $22.3M | −$78.4M | $101M | — |
| Operating cash flow | $52.8M | $160M | −$107M | -67% |
Questions
How much did Openlane's revenue grow quarter over quarter in Q2 2026?
Openlane's revenue rose $26.7M (+5%) from $528M in Q1 2026 to $555M in Q2 2026.
What drove Openlane's revenue change in Q2 2026?
Auction and Related Fees +$17.2M (+7%); SaaS and Other Revenue +$5.9M (+9%); Purchased vehicle sales +$2.7M (+2%).