Filing Flows › Openlane (OPLN) › Q3 2026
Openlane (OPLN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Openlane (OPLN) reported revenue of $561M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +1% from the quarter before. Operating margin was 12.5%, net earnings $44.7M (8.0% of revenue).
Openlane, Q3 2026: revenue $561M (+13% year over year), operating margin 12.5%, net earnings $44.7M, operating cash flow $97.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $561M | +1% | +13% |
| Operating profit | $70.4M | +4% | +28% |
| Net earnings | $44.7M | +0.9% | -7% |
| Operating cash flow | $97.1M | +84% | +34% |
| Free cash flow | $83.3M | — | +45% |
What changed
Revenue was $561.2M in Q3 2026, up 13% year over year and up 1% from the previous quarter. Auction and Related Fees was the largest line at 45% of revenue. Auction and Related Fees added $38.0M year over year (up 18%), 61% of the total change.
Operating profit was $70.4M, a 12.5% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 25% reached operating profit, above the 11% margin then. Total costs grew 11% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+14%). Net earnings were $44.7M, down 7% year over year. The effective tax rate was 25.6%.
Operating cash flow was $97.1M (up 34% year over year), 217% of net earnings. Non-cash charges added back $21.5M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items added $24.2M. After purchases of property, equipment and computer software ($13.8M), free cash flow as the company reports it was $83.3M.
Questions
What was Openlane's revenue in the third quarter 2026?
Openlane (OPLN) reported revenue of $561M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +1% from the quarter before.
Was Openlane profitable in the third quarter 2026?
Operating profit was $70.4M (12.5% of revenue) and net earnings $44.7M.
Source: Openlane 10-Q on SEC EDGAR.