Filing Flows › Openlane (OPLN) › Q3 2025
Openlane (OPLN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Openlane (OPLN) reported revenue of $498M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +3% from the quarter before. Operating margin was 11.0%, net earnings $47.9M (9.6% of revenue).
Openlane, Q3 2025: revenue $498M (+8% year over year), operating margin 11.0%, net earnings $47.9M, operating cash flow $72.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $498M | +3% | +8% |
| Operating profit | $55.0M | +16% | +29% |
| Net earnings | $47.9M | +43% | +69% |
| Operating cash flow | $72.2M | +0.8% | -41% |
| Free cash flow | $57.6M | — | -47% |
What changed
Revenue was $498.4M in Q3 2025, up 8% year over year and up 3% from the previous quarter. Service Revenue was the largest line at 29% of revenue. Auction Fees added $23.1M year over year (up 20%), 60% of the total change. Service Revenue declined 3%.
Operating profit was $55.0M, a 11.0% margin (up 1.8 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 9% margin then. Total costs grew 6% against revenue growth of 8%. The fastest-growing cost line was SG&A (+14%). Net earnings were $47.9M, up 69% year over year. The effective tax rate was 14.6%.
Operating cash flow was $72.2M (down 41% year over year), 151% of net earnings. Non-cash charges added back $22.7M of depreciation and amortization and $4.1M of share-based compensation. After purchases of property, equipment and computer software ($14.6M), free cash flow as the company reports it was $57.6M.
Questions
What was Openlane's revenue in the third quarter 2025?
Openlane (OPLN) reported revenue of $498M for the third quarter 2025 (Q3 2025), +8% from a year earlier and +3% from the quarter before.
Was Openlane profitable in the third quarter 2025?
Operating profit was $55.0M (11.0% of revenue) and net earnings $47.9M.
Source: Openlane 10-Q on SEC EDGAR.