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Openlane vs Nextnrg: OPLN and NXXT compared
Openlane is the larger company: $561M of revenue in its latest quarter (Q3 2026) against $27.7M for Nextnrg (Q2 2026). Nextnrg is growing faster (+41% against +13% a year earlier). Openlane is more profitable, with an operating margin of 12.5% against -16.0%.
Where the money goes: OPLN and NXXT
Openlane (OPLN) · Q3 2026
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.
Nextnrg (NXXT) · Q2 2026
Nextnrg, Q2 2026: revenue $27.7M (+41% year over year), operating margin -16.0%, net loss $6.6M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Openlane (OPLN) | Nextnrg (NXXT) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $561M | $27.7M |
| Revenue growth, Y/Y | +13% | +41% |
| Operating margin | 12.5% | -16.0% |
| Net earnings | $44.7M | −$6.6M |
| Net margin | 8.0% | -23.9% |
| Operating cash flow | $97.1M | −$2.4M |
| Free cash flow | $83.3M | — |
| Market value | $4.3B | — |
| Analysts’ mean target | $46.22 | — |
Where the revenue comes from
Openlane
- Auction and Related Fees: $253M (45%)
- Purchased vehicle sales: $119M (21%)
- Finance revenue: $115M (20%)
- SaaS and Other Revenue: $73.9M (13%)
Questions
Which is bigger, Openlane or Nextnrg?
Openlane is the larger company: $561M of revenue in its latest quarter (Q3 2026) against $27.7M for Nextnrg (Q2 2026).
Is Openlane or Nextnrg growing faster?
Nextnrg is growing faster (+41% against +13% a year earlier).
Which is more profitable, Openlane or Nextnrg?
Openlane is more profitable, with an operating margin of 12.5% against -16.0%.
More: Openlane earnings · how Openlane makes money · Nextnrg earnings · how Nextnrg makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.