Filing Flows › Openlane (OPLN) › How it makes money
How Openlane (OPLN) makes money
Openlane (OPLN) made $561M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Auction and Related Fees brought in $253M (45%); Purchased vehicle sales brought in $119M (21%); Finance revenue brought in $115M (20%). Of every dollar of revenue, 13¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Auction and Related Fees | $253M | 45.1% | -2% | +18% |
| Purchased vehicle sales | $119M | 21.3% | +4% | +10% |
| Finance revenue | $115M | 20.4% | +7% | +5% |
| SaaS and Other Revenue | $73.9M | 13.2% | +0.7% | +13% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $561M | 100.0% |
| Operating profit | $70.4M | 12.5% |
| Income tax | $15.4M | 2.7% |
| Net earnings | $44.7M | 8.0% |
| Operating cash flow | $97.1M | 17.3% |
| Free cash flow | $83.3M | 14.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $561M | +13% |
| Q2 2026 | $555M | +15% |
| Q1 2026 | $528M | +15% |
| Q4 2025 | $494M | +9% |
| Q3 2025 | $498M | +8% |
| Q2 2025 | $482M | +8% |
| Q1 2025 | $460M | +7% |
From Openlane's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Openlane make money?
Openlane (OPLN) made $561M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Auction and Related Fees brought in $253M (45%); Purchased vehicle sales brought in $119M (21%); Finance revenue brought in $115M (20%). Of every dollar of revenue, 13¢ was left as operating profit, 8¢ was left as net earnings.
What is Openlane's biggest business?
Auction and Related Fees: $253M in the third quarter 2026, 45% of revenue, +18% from a year earlier.
What is Openlane's profit margin?
Net earnings were $44.7M, 8.0% of revenue, in the third quarter 2026; the operating margin was 12.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.