Filing Flows › Openlane (OPLN) › Q2 2026
Openlane (OPLN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Openlane (OPLN) reported revenue of $555M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +5% from the quarter before. Operating margin was 12.2%, net earnings $44.3M (8.0% of revenue).
Openlane, Q2 2026: revenue $555M (+15% year over year), operating margin 12.2%, net earnings $44.3M, operating cash flow $52.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $555M | +5% | +15% |
| Operating profit | $67.5M | -9% | +42% |
| Net earnings | $44.3M | -9% | +33% |
| Operating cash flow | $52.8M | -67% | -26% |
| Free cash flow | $39.0M | — | -32% |
What changed
Revenue was $554.6M in Q2 2026, up 15% year over year and up 5% from the previous quarter. Auction and Related Fees was the largest line at 47% of revenue. Auction and Related Fees added $45.1M year over year (up 21%), 62% of the total change.
Operating profit was $67.5M, a 12.2% margin (up 2.3 points year over year). Of the extra revenue versus Q2 2025, 28% reached operating profit, above the 10% margin then. Total costs grew 12% against revenue growth of 15%. The fastest-growing cost line was Cost of revenue (+20%). Net earnings were $44.3M, up 33% year over year. The effective tax rate was 27.5%.
Operating cash flow was $52.8M (down 26% year over year), 119% of net earnings. Non-cash charges added back $22.3M of depreciation and amortization and $8.5M of share-based compensation. Working capital and other items used $22.3M. After purchases of property, equipment and computer software ($13.8M), free cash flow as the company reports it was $39.0M.
Questions
What was Openlane's revenue in the second quarter 2026?
Openlane (OPLN) reported revenue of $555M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +5% from the quarter before.
Was Openlane profitable in the second quarter 2026?
Operating profit was $67.5M (12.2% of revenue) and net earnings $44.3M.
Source: Openlane 10-Q on SEC EDGAR.