OPLN on NYSE
OPENLANE, Inc.
In its 2026 annual report the company says: “OPENLANE is a leading digital marketplace for wholesale used vehicles operating in the United States, Canada and Europe. Our technology and people connect the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to facilitate approximately 1.5 million annual vehicle transactions with a gross merchandise value of $28.8 billion in 2025.”5 It is headquartered in Wilmington, United States.2 Its shares trade on NYSE under the symbol OPLN.2
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Last updated Oct 21, 2026.
Overview
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- TickerOPLN on NYSE2
- IndustryRetail-Auto Dealers & Gasoline Stations2
- HeadquartersWilmington, United States2
- Incorporated inDE3
- Business address11299 N. Illinois Street, Carmel, In 460323
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI5493004HKD20LBSG7D032
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 42487082
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OPENLANE is a leading digital marketplace for wholesale used vehicles operating in the United States, Canada and Europe. Our technology and people connect the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to facilitate approximately 1.5 million annual vehicle transactions with a gross merchandise value ("GMV") of $28.8 billion in 2025. GMV represents the total dollar value of vehicles sold through our marketplaces. Our portfolio of integrated technology, data analytics, financing, logistics and other remarketing solutions, combined with our vehicle logistics centers in Canada, power transactions on our marketplace and help advance our purpose: to make wholesale easy so our customers can be more successful.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
10.2%Operating margin6
9.2%Net margin6
8.2%Revenue growth, 20256
14.3%Return on equity6
0.43×Debt to equity6
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Auction and Related Fees brought in 43% of the revenue OPENLANE, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Auction and Related Fees | $635.3M | $735.3M | $833.5M |
| Finance revenue | $444.0M | $431.1M | $433.7M |
| Purchased vehicle sales | $236.7M | $327.0M | $410.2M |
| SaaS and Other Revenue | $379.7M | $295.1M | $257.1M |
Business segments
Marketplace brought in 78% of the revenue OPENLANE, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Marketplace | $1.3B | $1.4B | $1.5B |
| Finance | $444.0M | $431.1M | $433.7M |
Regions
United States brought in 57% of the revenue OPENLANE, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $1.1B | $1.1B | $1.1B |
| Outside the United States | $627.6M | $734.8M | $825.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin23¢$445.2M
- Other costs66¢$1.3B
- Interest1¢$18.1M
- Income tax1¢$14.5M
- Profit9¢$177.7M
Out of $1.9B in revenue.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating revenues | $1.9B | $1.8B | $1.7B |
| Cost of services (exclusive of depreciation and amortization) | $1.0B | $956.3M | $867.6M |
| Finance interest expense | $109.9M | $123.5M | $130.6M |
| Provision for credit losses | $42.4M | $54.3M | $59.2M |
| Selling, general and administrative | $445.2M | $408.6M | $421.8M |
| Depreciation and amortization | $91.7M | $95.2M | $101.5M |
| Gain on sale of business | $0 | -$31.6M | $0 |
| Loss on sale of property | $7.0M | $0 | $0 |
| Goodwill and other intangibles impairment | $0 | $0 | $250.8M |
| Total operating expenses | $1.7B | $1.6B | $1.8B |
| Operating profit (loss) | $196.6M | $182.2M | -$135.8M |
| Interest expense | $18.1M | $21.8M | $25.2M |
| Other (income) expense, net | -$13.7M | $2.5M | -$15.6M |
| Loss on extinguishment of debt | $0 | $0 | $1.1M |
| Income (loss) from continuing operations before income taxes | $192.2M | $157.9M | -$146.5M |
| Income taxes | $14.5M | $48.0M | $8.3M |
| Income from discontinued operations, net of income taxes | $0 | $0 | $700.0K |
| Net income (loss) | $177.7M | $109.9M | -$154.1M |
| Income (loss) from continuing operations | $177.7M | $109.9M | -$154.8M |
| Series A Preferred Stock dividends (including deemed dividends) | -$280.8M | -$44.4M | -$44.4M |
| Income from continuing operations attributable to participating securities | $0 | -$16.3M | $0 |
| Income (loss) from continuing operations attributable to common stockholders | -$103.1M | $49.2M | -$199.2M |
| Income (loss) from continuing operations | -$1 | $0 | -$2 |
| Income from discontinued operations | $0 | $0 | $0 |
| Net income (loss) | -$0.96 | $0.46 | -$1.82 |
| Income (loss) from continuing operations | -$1 | $0 | -$2 |
| Income from discontinued operations | $0 | $0 | $0 |
| Net income (loss) | -$0.96 | $0.45 | -$1.82 |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating revenues | $494.3M | $498.4M | $481.7M | $460.1M | $455.0M | $459.8M | $443.8M | $429.9M |
| Cost of services (exclusive of depreciation and amortization) | $275.5M | $270.2M | $254.4M | $241.6M | $244.5M | $252.0M | $245.9M | $213.9M |
| Finance interest expense | $27.3M | $28.1M | $26.9M | $27.6M | $28.3M | $30.7M | $31.9M | $32.6M |
| Provision for credit losses | $12.9M | $11.5M | $8.7M | $9.3M | $12.1M | $13.1M | $13.3M | $15.8M |
| Selling, general and administrative | $112.8M | $110.9M | $114.3M | $107.2M | $99.7M | $97.7M | $104.7M | $106.5M |
| Depreciation and amortization | $23.3M | $22.7M | $23.0M | $22.7M | $23.0M | $23.8M | $24.1M | $24.3M |
| Gain on sale of business | -$31.6M | $0 | $0 | $0 | ||||
| Loss on sale of property | $0 | $0 | $7.0M | $0 | ||||
| Total operating expenses | $451.8M | $443.4M | $434.3M | $408.4M | $376.0M | $417.3M | $419.9M | $393.1M |
| Operating profit (loss) | $42.5M | $55.0M | $47.4M | $51.7M | $79.0M | $42.5M | $23.9M | $36.8M |
| Interest expense | $9.9M | $1.1M | $3.1M | $4.0M | $4.6M | $4.6M | $5.5M | $7.1M |
| Other (income) expense, net | $900.0K | -$2.2M | -$7.4M | -$5.0M | $5.4M | -$3.6M | $200.0K | $500.0K |
| Income (loss) from continuing operations before income taxes | $31.7M | $56.1M | $51.7M | $52.7M | $69.0M | $41.5M | $18.2M | $29.2M |
| Income taxes | -$27.8M | $8.2M | $18.3M | $15.8M | $16.7M | $13.1M | $7.5M | $10.7M |
| Income (loss) from continuing operations | $59.5M | $47.9M | $33.4M | $36.9M | $52.3M | $28.4M | $10.7M | $18.5M |
| Income (loss) from continuing operations attributable to common stockholders | -$188.0M | $27.6M | $16.7M | $19.4M | $31.0M | $13.0M | -$400.0K | $5.6M |
| Income (loss) from continuing operations | -$2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income (loss) from continuing operations | -$2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $141.5M | $143.0M | ||
| Restricted cash | $43.9M | $40.7M | ||
| Trade receivables, net of allowances of $9.7 and $6.7 | $314.1M | $248.2M | ||
| Finance receivables, net of allowances of $27.5 and $19.8 | $2.4B | $2.3B | ||
| Other current assets | $86.7M | $96.9M | ||
| Total current assets | $3.0B | $2.9B | ||
| Goodwill | $1.2B | $1.2B | $1.3B | |
| Customer relationships, net of accumulated amortization of $459.2 and $437.4 | $102.7M | $117.7M | ||
| Other intangible assets, net of accumulated amortization of $555.0 and $487.4 | $142.8M | $160.8M | ||
| Operating lease right-of-use assets | $57.9M | $67.1M | ||
| Property and equipment, net of accumulated depreciation of $141.5 and $159.4 | $104.2M | $149.3M | ||
| Other assets | $61.6M | $53.0M | ||
| Total other assets | $1.7B | $1.8B | ||
| Total assets | $4.7B | $4.6B | $4.7B | |
| Accounts payable | $665.8M | $547.6M | ||
| Accrued employee benefits and compensation expenses | $50.8M | $36.5M | ||
| Accrued interest | $11.3M | $7.2M | ||
| Other accrued expenses | $90.8M | $80.8M | ||
| Income taxes payable | $21.4M | $10.6M | ||
| Obligations collateralized by finance receivables | $1.8B | $1.7B | ||
| Current maturities of long-term debt | $5.5M | $222.5M | ||
| Total current liabilities | $2.6B | $2.6B | ||
| Long-term debt | $530.1M | $0 | ||
| Deferred income tax liabilities | $600.0K | $24.4M | ||
| Operating lease liabilities | $53.0M | $60.4M | ||
| Other liabilities | $6.2M | $16.8M | ||
| Total non-current liabilities | $589.9M | $101.6M | ||
| Series A convertible preferred stock (Note 14) | $289.8M | $612.5M | ||
| Common stock, $0.01 par value: Authorized shares: 400,000,000; Issued and outstanding shares: 106,175,229 (2025) 106,849,134 (2024) | $1.1M | $1.1M | ||
| Additional paid-in capital | $692.8M | $720.9M | ||
| Retained earnings | $586.7M | $689.8M | ||
| Accumulated other comprehensive loss | -$39.9M | -$69.1M | ||
| Total stockholders' equity | $1.2B | $1.3B | $1.3B | $1.5B |
| Total liabilities, temporary equity and stockholders' equity | $4.7B | $4.6B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $141.5M | $143.0M | ||
| Restricted cash | $43.9M | $40.7M | ||
| Trade receivables, net of allowances of $9.7 and $6.7 | $314.1M | $248.2M | ||
| Finance receivables, net of allowances of $27.5 and $19.8 | $2.4B | $2.3B | ||
| Other current assets | $86.7M | $96.9M | ||
| Total current assets | $3.0B | $2.9B | ||
| Goodwill | $1.2B | $1.2B | $1.3B | |
| Customer relationships, net of accumulated amortization of $459.2 and $437.4 | $102.7M | $117.7M | ||
| Other intangible assets, net of accumulated amortization of $555.0 and $487.4 | $142.8M | $160.8M | ||
| Operating lease right-of-use assets | $57.9M | $67.1M | ||
| Property and equipment, net of accumulated depreciation of $141.5 and $159.4 | $104.2M | $149.3M | ||
| Other assets | $61.6M | $53.0M | ||
| Total other assets | $1.7B | $1.8B | ||
| Total assets | $4.7B | $4.6B | $4.7B | |
| Accounts payable | $665.8M | $547.6M | ||
| Accrued employee benefits and compensation expenses | $50.8M | $36.5M | ||
| Accrued interest | $11.3M | $7.2M | ||
| Other accrued expenses | $90.8M | $80.8M | ||
| Income taxes payable | $21.4M | $10.6M | ||
| Obligations collateralized by finance receivables | $1.8B | $1.7B | ||
| Current maturities of long-term debt | $5.5M | $222.5M | ||
| Total current liabilities | $2.6B | $2.6B | ||
| Long-term debt | $530.1M | $0 | ||
| Deferred income tax liabilities | $600.0K | $24.4M | ||
| Operating lease liabilities | $53.0M | $60.4M | ||
| Other liabilities | $6.2M | $16.8M | ||
| Total non-current liabilities | $589.9M | $101.6M | ||
| Series A convertible preferred stock (Note 14) | $289.8M | $612.5M | ||
| Common stock, $0.01 par value: Authorized shares: 400,000,000; Issued and outstanding shares: 106,175,229 (2025) 106,849,134 (2024) | $1.1M | $1.1M | ||
| Additional paid-in capital | $692.8M | $720.9M | ||
| Retained earnings | $586.7M | $689.8M | ||
| Accumulated other comprehensive loss | -$39.9M | -$69.1M | ||
| Total stockholders' equity | $1.2B | $1.3B | $1.3B | $1.5B |
| Total liabilities, temporary equity and stockholders' equity | $4.7B | $4.6B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $177.7M | $109.9M | -$154.1M |
| Net income from discontinued operations | $0 | $0 | -$700.0K |
| Depreciation and amortization | $91.7M | $95.2M | $101.5M |
| Provision for credit losses | $42.4M | $54.3M | $59.2M |
| Deferred income taxes | -$31.9M | $1.7M | -$29.8M |
| Amortization of debt issuance costs | $8.9M | $9.1M | $8.7M |
| Stock-based compensation | $14.6M | $14.7M | $16.5M |
| Contingent consideration adjustment | $0 | $0 | $1.3M |
| Investment and note receivable impairment | $0 | $0 | $10.3M |
| Loss on sale of property | $7.0M | $0 | $0 |
| Gain on sale of business | $0 | -$31.6M | $0 |
| Goodwill and other intangibles impairment | $0 | $0 | $250.8M |
| Loss on extinguishment of debt | $0 | $0 | $1.1M |
| Other non-cash, net | $400.0K | -$300.0K | $1.0M |
| Trade receivables and other assets | -$69.1M | $44.4M | -$66.0M |
| Accounts payable and accrued expenses | $150.2M | -$4.6M | $39.8M |
| Payments of contingent consideration in excess of acquisition-date fair value | $0 | $0 | -$2.6M |
| Net cash provided by operating activities - continuing operations | $391.9M | $292.8M | $237.0M |
| Net cash used by operating activities - discontinued operations | $0 | -$1.4M | -$1.6M |
| Net (increase) decrease in finance receivables held for investment | -$135.3M | -$96.7M | $64.8M |
| Acquisition of businesses (net of cash acquired) | $0 | $0 | -$103.0M |
| Purchases of property, equipment and computer software | -$55.4M | -$53.0M | -$52.0M |
| Investments in securities | -$1.5M | -$2.8M | -$1.3M |
| Proceeds from sale of investments | $800.0K | $900.0K | $0 |
| Proceeds from note receivable | $0 | $0 | $700.0K |
| Proceeds from the sale of business | $0 | $79.8M | $0 |
| Proceeds from the sale of property and equipment | $42.4M | $900.0K | $300.0K |
| Net cash used by investing activities - continuing operations | -$149.0M | -$70.9M | -$90.5M |
| Net cash provided by investing activities - discontinued operations | $0 | $0 | $7.0M |
| Net (decrease) increase in book overdrafts | -$5.9M | $800.0K | -$2.3M |
| Net (repayments of) borrowings from lines of credit | -$24.2M | -$131.7M | $5.9M |
| Net increase (decrease) in obligations collateralized by finance receivables | $82.4M | $49.5M | -$55.9M |
| Proceeds from long-term debt | $547.3M | $0 | $0 |
| Payments for debt issuance costs/amendments | -$6.9M | -$15.1M | -$6.7M |
| Payments on long-term debt | -$210.0M | $0 | $0 |
| Payment for early extinguishment of debt | $0 | $0 | -$140.1M |
| Payments on finance leases | $0 | -$900.0K | -$1.9M |
| Payments of contingent consideration and deferred acquisition costs | $0 | $0 | -$12.4M |
| Issuance of common stock under stock plans | $9.6M | $1.4M | $2.7M |
| Tax withholding payments for vested RSUs | -$6.7M | -$3.5M | -$2.6M |
| Repurchase and retirement of common stock | -$45.6M | -$30.0M | -$22.2M |
| Repurchase and retirement of Series A Preferred Stock | -$559.3M | $0 | $0 |
| Dividends paid on Series A Preferred Stock | -$38.6M | -$44.4M | -$44.4M |
| Net cash used by financing activities - continuing operations | -$257.9M | -$173.9M | -$279.9M |
| Net cash provided by financing activities - discontinued operations | $0 | $0 | $0 |
| Net change in cash balances of discontinued operations | $0 | $0 | $0 |
| Effect of exchange rate changes on cash | $16.7M | -$21.8M | $9.2M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $1.7M | $24.8M | -$118.8M |
| Cash paid for interest | $115.4M | $140.7M | $145.2M |
| Cash paid for taxes, net of refunds | $40.4M | $36.6M | $35.8M |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Depreciation and amortization | $23.3M | $22.7M | $23.0M | $22.7M | $23.0M | $23.8M | $24.1M | $24.3M |
| Provision for credit losses | $12.9M | $11.5M | $8.7M | $9.3M | $12.1M | $13.1M | $13.3M | $15.8M |
| Loss on sale of property | $0 | $0 | $7.0M | $0 | ||||
| Gain on sale of business | -$31.6M | $0 | $0 | $0 |
Corporate structure
OPENLANE, Inc. sits at the top of its group. 54 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of OPENLANE, Inc.
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on OPENLANE, Inc., latest Oct 8, 2026 (3 filings since Feb 10, 2023)
- Ignition Acquisition Holdings GP LLC Filed SCHEDULE 13D/A on OPENLANE, Inc., latest Aug 13, 2026 (4 filings since Sep 11, 2025)
- Bank of Montreal Filed SCHEDULE 13G/A on OPENLANE, Inc., latest Aug 12, 2026 (2 filings since Feb 12, 2026)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on OPENLANE, Inc., latest Apr 30, 2026
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on OPENLANE, Inc., latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on OPENLANE, Inc., latest Mar 27, 2026 (4 filings since Jan 10, 2022)
- Burgundy Asset Management Ltd. Filed SCHEDULE 13G/A on OPENLANE, Inc., latest Feb 12, 2026 (3 filings since Feb 10, 2023)
- BlackRock Filed SCHEDULE 13G/A on OPENLANE, Inc., latest Apr 30, 2025 (5 filings since Jan 10, 2022)
- SNYDER CAPITAL MANAGEMENT INC Filed SC 13G/A on OPENLANE, Inc., latest Feb 14, 2024
- SNYDER CAPITAL MANAGEMENT L P Filed SC 13G/A on OPENLANE, Inc., latest Feb 14, 2024 (3 filings since Feb 14, 2022)
- Paradice Investment Management LLC Filed SC 13G/A on OPENLANE, Inc., latest Feb 8, 2023 (2 filings since Feb 10, 2022)
- HARTFORD MUTUAL FUNDS, INC Filed SC 13G on OPENLANE, Inc., latest Feb 11, 2022
- OPENLANE, Inc. Wilmington, Delaware, United States
- CarLotz, Inc. Stake · Richmond, Virginia
- 2540-0714 Quebec Inc. Subsidiary · Quebec, Canada
- 504811 NB Ltd. Subsidiary · New Brunswick, Canada
- 79378 Manitoba Inc. Subsidiary · Manitoba, Canada
- ADESA Auctions Canada Corporation Subsidiary · Nova Scotia, Canada
- ADESA Corporation, LLC Subsidiary · Indiana, United States
- ADESA Dealer Services, LLC Subsidiary · Indiana, United States
- ADESA Mexico, LLC Subsidiary · Indiana, United States
- ADESA Montreal Corporation Subsidiary · Nova Scotia, Canada
- ADESA Remarketing Services Inc. Subsidiary · Ontario, Canada
- AFC CAL, LLC Subsidiary · California, United States
- AFC Funding Corporation Subsidiary · Indiana, United States
- Auction Frontier, LLC Subsidiary · California, United States
- AuctionTrac, LLC Subsidiary · Indiana, United States
- Automotive Finance Canada Inc. Subsidiary · Ontario, Canada
- Automotive Finance Consumer Division, LLC Subsidiary · Indiana, United States
- Automotive Finance Corporation Subsidiary · Indiana, United States
- Autoniq, LLC Subsidiary · Virginia, United States
- AutoVIN Canada Inc. Subsidiary · Nova Scotia, Canada
- AutoVIN, Inc. Subsidiary · Indiana, United States
- BacklotCars Uruguay S.A.S. Subsidiary · Uruguay
- BacklotCars UY, S.R.L. Subsidiary · Uruguay
- BacklotCars, Inc. Subsidiary · Delaware, United States
- BLC UY Quota Holdings, LLC Subsidiary · Delaware, United States
- Car Quality Services GmbH Subsidiary · Germany
- and 28 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.
What it owns
What OPENLANE, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $245.7M6 Dec 31, 2025 | $308.7M6 Dec 31, 2024 | −20.4% |
| Accumulated depreciation | $141.5M6 Dec 31, 2025 | $159.4M6 Dec 31, 2024 | −11.2% |
| Property and equipment, net | $104.2M6 Dec 31, 2025 | $149.3M6 Dec 31, 2024 | −30.2% |
| Finance-lease assets | $06 Dec 31, 2025 | $06 Dec 31, 2024 | |
| Operating-lease assets (leased space) | $57.9M6 Dec 31, 2025 | $67.1M6 Dec 31, 2024 | −13.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $141.5M6 Dec 31, 2025 | $143.0M6 Dec 31, 2024 | −1.0% |
| Equity securities at fair value | $06 Dec 31, 2025 | $010 Dec 31, 2024 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.2B6 Dec 31, 2025 | $1.2B6 Dec 31, 2024 | +1.7% |
| Trademarks and trade names (indefinite-lived) | $8.7M6 Dec 31, 2025 | $8.7M6 Dec 31, 2024 | 0% |
| Accumulated amortization | $459.2M6 Dec 31, 2025 | $437.4M6 Dec 31, 2024 | +5.0% |
| Finite-lived intangibles, net | $102.7M6 Dec 31, 2025 | $117.7M6 Dec 31, 2024 | −12.7% |
Properties, in its own words
Our corporate headquarters is located in Carmel, Indiana, where we lease office space pursuant to a lease that expires in 2034. At December 31, 2025, we also owned or leased other properties in the United States, Canada, Europe, the United Kingdom, Uruguay and the Philippines.
The majority of commercial and dealer sales facilitated in the U.S. are done so digitally from a commercial seller facility or dealership to another dealership. Vehicles are not stored or processed through an OPENLANE physical facility in the U.S.
The rest of Item 2
Facilities utilized by the Marketplace segment in Canada primarily include 14 vehicle logistics center locations at December 31, 2025, which are either owned or leased. The OPENLANE Canada facilities consist on average of approximately 60 acres of land per site and have parking areas to store vehicles and may have additional buildings for reconditioning, registration, maintenance, bodywork, and other ancillary and administrative services.
In our Finance segment, AFC has approximately 90 locations in North America at December 31, 2025, including 9 branches which are physically located at OPENLANE Canada vehicle logistics centers and 31 branches located within other competitor locations. Each of the remaining AFC locations (hybrid of physical locations and a digital servicing network) is strategically located in proximity to auctions or major metro areas. AFC generally leases its branches.
We believe that our current facilities are suitable and adequate to meet our current needs, and if we require additional or substitute space, we anticipate we will be able to obtain additional suitable facilities.
Item 2 of the 10-K filed Feb 18, 2026.5
Leadership
Who has led OPENLANE, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerHilaire Stephane St. Jan 10, 2014 to Feb 26, 201814
- Chief executive officerJohn C. Hammer Apr 8, 2014 to Jun 6, 201615
- Chief executive officerJohn W. Kett May 9, 2014 to Mar 5, 201916
- Chief executive officerKelly Peter Oct 7, 2011 to Jan 10, 201417
- Chief executive officerDonald S. Gottwald Dec 10, 2009 to Mar 4, 201418
- Chief executive officerJames P. Hallett Dec 10, 2009 to Mar 24, 202119
- Chief executive officerThomas C. Obrien Dec 10, 2009 to Nov 15, 201320
- Chief executive officerThomas J. Caruso Dec 10, 2009 to Dec 30, 201321
- ChairJames P. Hallett Jun 8, 2021 to Feb 22, 202322
- PresidentJustin T. Davis Jun 8, 2021 to May 11, 202323
- PresidentKelly Peter Feb 21, 2019 to Mar 8, 202124
- PresidentJames E. Money Ii. Jul 5, 2016 to Mar 13, 202425
- PresidentHilaire Stephane St. Jan 10, 2014 to Feb 8, 201814
- PresidentJohn C. Hammer Apr 8, 2014 to Mar 3, 202215
- PresidentJohn W. Kett May 9, 2014 to Mar 5, 201916
- PresidentDonald S. Gottwald Dec 10, 2009 to Apr 8, 201118
- PresidentThomas C. Obrien Dec 10, 2009 to Mar 14, 201320
- PresidentThomas J. Caruso Dec 10, 2009 to Dec 30, 201321
- Chief financial officerBradley Herring May 28, 2025 to now26
- Chief financial officerBrad S. Lakhia Apr 24, 2023 to Nov 15, 202427
- Chief financial officerEric M. Loughmiller Dec 10, 2009 to Dec 13, 202228
- Chief operating officerDonald S. Gottwald Apr 2, 2014 to Sep 14, 201829
Board members and other officers (47)
- EVP, Human ResourcesJ. Marty Nowlin Feb 19, 2026 to now30
- EVP Marketing & CommunicationsTobin P. Richer Feb 16, 2024 to now31
- Chief Accounting OfficerDwayne P. Price Jun 26, 2024 to now32
- Pres KAR Svcs Group, EVP OpsSrisu Subrahmanyam May 19, 2022 to May 13, 202433
- EVP, Chief Digital OfficerJames P. Coyle Nov 2, 2021 to now34
- CSO & Pres Dgtl Data Mob SolDonald S. Gottwald Feb 21, 2019 to Mar 3, 202035
- SVP, Gen. Counsel & SecretaryCharles S. Coleman Oct 18, 2019 to Mar 10, 202036
- EVP, Chief Information OfficerThomas J. Fisher Apr 11, 2017 to Feb 23, 202237
- CTO & Pres of Digital Srvs GrpKelly Peter Jan 30, 2015 to Mar 6, 201838
- Chief Client OfficerThomas J. Caruso Jan 7, 2014 to Feb 27, 201739
- EVP of Human ResourcesLisa A. Price Jul 19, 2013 to May 13, 202440
- EVP of Corp Dev & Real EstateWarren W. Byrd Jun 8, 2010 to Feb 27, 201741
- EVP of International MarketsBenjamin Skuy Dec 10, 2009 to Feb 23, 202242
- EVP of Enterprise OptimizationDavid Vignes Dec 10, 2009 to Feb 27, 201743
- EVP & CIOJohn R. Nordin Dec 10, 2009 to Nov 10, 201044
- EVP, Gen. Counsel & SecretaryRebecca C. Polak Dec 10, 2009 to Mar 9, 201745
- Board memberKelly L. Groh Jun 8, 2026 to now46
- Board memberDavid W. Hult Jun 16, 2026 to now47
- Board memberRandolph Altschuler Jun 25, 2024 to now48
- Board memberKelly Peter Jun 8, 2021 to now49
- Board memberCarmel Galvin Feb 7, 2020 to now50
- Board memberRoy Mackenzie Jun 22, 2020 to Jun 22, 202051
- Board memberStefan Jacoby Jun 5, 2019 to now52
- Board memberDavid Didomenico Oct 23, 2019 to Jun 8, 202053
- Board memberJ. Mark Howell Jan 6, 2015 to now54
- Board memberTodd F. Bourell Jun 5, 2015 to Apr 8, 201955
- Board memberJohn P. Larson Jun 11, 2014 to Jun 19, 201956
- Board memberLynn Jolliffe Jun 11, 2014 to Jun 19, 201957
- Board memberMark E. Hill Jun 11, 2014 to Jun 6, 202358
- Board memberRyan M. Birtwell Jun 21, 2013 to Jun 21, 201359
- Board memberDonna R. Ecton Dec 19, 2013 to Jun 19, 201960
- Board memberMichael T. Kestner Dec 19, 2013 to now61
- Board memberKelly J. Barlow Dec 5, 2011 to Dec 5, 201162
- Board memberChurch M. Moore Dec 10, 2009 to Feb 27, 201463
- Board memberDavid J. Ament Dec 10, 2009 to Dec 10, 200964
- Board memberGregory P. Spivy Dec 10, 2009 to Dec 10, 200965
- Board memberJames P. Hallett Dec 10, 2009 to May 13, 202419
- Board memberJonathan P. Ward Dec 10, 2009 to Apr 4, 201466
- Board memberMichael B. Goldberg Dec 10, 2009 to Nov 15, 201363
- Board memberPeter R. Formanek Dec 10, 2009 to Jan 6, 201667
- Board memberRobert M. Finlayson Dec 10, 2009 to Jan 6, 201468
- Board memberSanjeev K. Mehra Dec 10, 2009 to Nov 5, 202169
- Board memberThomas C. Obrien Dec 10, 2009 to Nov 15, 201320
- Board memberThomas J. Carella Dec 10, 2009 to Nov 15, 201370
- Board memberPeter H. Kamin Dec 11, 2009 to Dec 11, 200971
- General counselCharles S. Coleman Mar 4, 2021 to now72
- General counselRebecca C. Polak Feb 8, 2018 to Jul 2, 201973
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 2540-0714 Quebec Inc. Quebec4
- 504811 NB Ltd. New Brunswick4
- 79378 Manitoba Inc. Manitoba4
- ADESA Auctions Canada Corporation Nova Scotia4
- ADESA Corporation, LLC Indiana4
- ADESA Dealer Services, LLC Indiana4
- ADESA Mexico, LLC Indiana4
- ADESA Montreal Corporation Nova Scotia4
- ADESA Remarketing Services Inc. Ontario4
- ADESA, Inc. Delaware4
- AFC CAL, LLC California4
- AFC Funding Corporation Indiana4
- Auction Frontier, LLC California4
- AuctionTrac, LLC Indiana4
- AutoVIN Canada Inc. Nova Scotia4
- AutoVIN, Inc. Indiana4
- Automotive Finance Canada Inc. Ontario4
- Automotive Finance Consumer Division, LLC Indiana4
- Automotive Finance Corporation Indiana4
- Autoniq, LLC Virginia4
- BLC UY Quota Holdings, LLC Delaware4
- BacklotCars UY, S.R.L. Uruguay4
- BacklotCars Uruguay S.A.S. Uruguay4
- BacklotCars, Inc. Delaware4
All 54 listed subsidiaries
- CARWAVE, LLC Delaware4
- Car Quality Services GmbH Germany4
- CarCo Technologies, LLC Delaware4
- CarsArrive Network, Inc. Georgia4
- Clearplan, LLC Delaware4
- KAR Auction Services International Limited United Kingdom4
- LaneLink, LLC Arizona4
- MobileTrac LLC Delaware4
- NEPO Auto Centre, Inc. Ontario4
- Nth Gen Software (Florida) LLC Florida4
- Nth Gen Software, Inc. Ontario4
- OPENLANE Belgium NV Belgium4
- OPENLANE Canada Co. Nova Scotia4
- OPENLANE Canada Inc. Ontario4
- OPENLANE Deutschland GmbH Germany4
- OPENLANE Europe Holding NV Belgium4
- OPENLANE Europe NV Belgium4
- OPENLANE France SAS France4
- OPENLANE Italia S.R.L. Italy4
- OPENLANE Nederland B.V. The Netherlands4
- OPENLANE Philippines, Inc. Philippines4
- OPENLANE Remarketing Limited United Kingdom4
- OPENLANE Subastas España, S.L. Spain4
- OPENLANE US, Inc. Delaware4
- PAR, Inc. Indiana4
- Recovery Database Network, Inc. Delaware4
- STRATIM Systems Incorporated Delaware4
- TradeRev Motors Inc. Ontario4
- TradeRev Technologies Inc. Ontario4
- TradeRev USA LLC Florida4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Sep 28, 20268-K Entered a material agreement74
- Aug 13, 20268-K Other events75
- Aug 4, 20268-K Results of operations76
- Jun 12, 20268-K Executive or director change77
- Jun 8, 20268-K Shareholder vote78
- May 29, 20268-K Bylaws or fiscal year changed79
- May 5, 20268-K Results of operations80
- Mar 3, 20268-K Regulation FD disclosure81
- Feb 18, 20268-K Results of operations82
- Jan 30, 20268-K Executive or director change83
- Nov 18, 20258-K Entered a material agreement; New debt or obligation84
- Nov 5, 20258-K Results of operations85
- May 9, 2014New chief executive John W. Kett becomes CEO16
- Apr 8, 2014New chief executive John C. Hammer becomes CEO15
- Jan 10, 2014New chief executive Hilaire Stephane St. becomes CEO14
- Oct 7, 2011New chief executive Kelly Peter becomes CEO17
- Dec 10, 2009New chief executive Thomas J. Caruso becomes CEO21
- Dec 10, 2009New chief executive Thomas C. Obrien becomes CEO20
- Dec 10, 2009New chief executive James P. Hallett becomes CEO19
- Dec 10, 2009New chief executive Donald S. Gottwald becomes CEO18
- Nov 9, 2006Founded OPENLANE, Inc. is founded2
Calendar
Coming up
- Nov 4, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.35 a share, on Nov 5, 2025.86
When it reported results
- Aug 4, 2026Reported quarterly or annual results76
- May 5, 2026Reported quarterly or annual results80
- Feb 18, 2026Reported quarterly or annual results82
- Nov 5, 2025Reported quarterly or annual results85
- Aug 6, 2025Reported quarterly or annual results87
- May 7, 2025Reported quarterly or annual results88
- Feb 19, 2025Reported quarterly or annual results89
- Nov 6, 2024Reported quarterly or annual results90
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
348 filings to the SEC since October 2021: 5 annual reports, 18 quarterly reports, 56 major events, 199 insider forms, 31 large holders, 39 other. The latest 20:
- Oct 8, 2026SCHEDULE 13G/A EDGAR
- Oct 1, 20264 EDGAR
- Sep 28, 20268-K FORM 8-K - SECURITIZATION AMENDMENTS EDGAR
- Aug 26, 20264 EDGAR
- Aug 13, 20264 EDGAR
- Aug 13, 2026SCHEDULE 13D/A EDGAR
- Aug 13, 20268-K EDGAR
- Aug 13, 2026424B7 EDGAR
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Aug 11, 2026FWP EDGAR
- Aug 10, 20264 EDGAR
- Aug 6, 20264 EDGAR
- Aug 4, 202610-Q FORM 10-Q - JUNE 30, 2026 EDGAR
- Aug 4, 20268-K FORM 8-K - EARNINGS MATERIALS EDGAR
- Jul 1, 20264 EDGAR
- Jun 16, 20263 EDGAR
- Jun 12, 20268-K FORM 8-K - NEW BOARD MEMBER EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 8, 20264 EDGAR
The 348 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
21 open-market trades by officers, directors and large owners since October 2021: 8 buys and 13 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 24, 2026 | Kelly Peter JChief Executive Officer | Buy | 14,830 | $33.72 | $500.1K | Form 4 |
| Aug 13, 2026 | Apax Guernsey (Holdco) PCC Ltd10% owner | Sale | 8,000,000 | $34.36 | $274.9M | Form 4 |
| May 14, 2026 | Mitchell William ClydePresident of AFC | Sale | 6,500 | $36.04 | $234.3K | Form 4 |
| May 8, 2026 | Richer Tobin PEVP Marketing & Communications | Sale | 4,000 | $38.31 | $153.2K | Form 4 |
| May 6, 2026 | Richer Tobin PEVP Marketing & Communications | Sale | 66,709 | $35.77 | $2.4M | Form 4 |
| May 6, 2026 | Coyle James PEVP & President, Marketplace | Sale | 15,000 | $35.77 | $536.5K | Form 4 |
| May 6, 2026 | Coleman Charles S.EVP, CLO & Secretary | Sale | 19,763 | $35.86 | $708.7K | Form 4 |
| Feb 20, 2026 | Coyle James PEVP & President, Marketplace | Sale | 88,444 | $28.83 | $2.5M | Form 4 |
| Dec 2, 2025 | Coleman Charles S.EVP, CLO & Secretary | Sale | 88,062 | $26.00 | $2.3M | Form 4 |
| Aug 7, 2025 | Coyle James PEVP & President, Marketplace | Sale | 194,575 | $27.94 | $5.4M | Form 4 |
| Aug 7, 2025 | Coleman Charles S.EVP, CLO & Secretary | Sale | 59,289 | $27.97 | $1.7M | Form 4 |
| May 9, 2025 | Coyle James PEVP & President, Marketplace | Sale | 7,000 | $21.72 | $152.0K | Form 4 |
| Nov 13, 2024 | Lakhia Brad S.EVP & CFO | Buy | 4,985 | $20.06 | $100.0K | Form 4 |
| May 15, 2024 | Coyle James PEVP & President, Marketplace | Sale | 6,000 | $18.09 | $108.5K | Form 4 |
| Mar 11, 2024 | Money James E. IIAFC President | Sale | 14,822 | $15.83 | $234.6K | Form 4 |
| Feb 27, 2024 | Kelly Peter JChief Executive Officer | Buy | 24,000 | $14.98 | $359.5K | Form 4 |
| Feb 26, 2024 | Kelly Peter JChief Executive Officer | Buy | 10,000 | $14.87 | $148.7K | Form 4 |
| May 19, 2022 | Kestner Michael T.Director | Buy | 5,000 | $14.70 | $73.5K | Form 4 |
| May 11, 2022 | HOWELL J MARKDirector | Buy | 15,300 | $13.00 | $198.9K | Form 4 |
| May 11, 2022 | HALLETT JAMES PDirector | Buy | 100,000 | $13.15 | $1.3M | Form 4 |
All 21 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 3 filings Feb 10, 2023 to Oct 8, 202691
- Ignition Acquisition Holdings GP LLCSCHEDULE 13D/A, 4 filings Sep 11, 2025 to Aug 13, 202692
- Bank of MontrealSCHEDULE 13G/A, 2 filings Feb 12, 2026 to Aug 12, 202693
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 202694
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202695
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Jan 10, 2022 to Mar 27, 202696
- Burgundy Asset Management Ltd.SCHEDULE 13G/A, 3 filings Feb 10, 2023 to Feb 12, 202697
- BlackRockSCHEDULE 13G/A, 5 filings Jan 10, 2022 to Apr 30, 202598
- SNYDER CAPITAL MANAGEMENT INCSC 13G/A, 1 filing Feb 14, 202499
- SNYDER CAPITAL MANAGEMENT L PSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 2024100
- Paradice Investment Management LLCSC 13G/A, 2 filings Feb 10, 2022 to Feb 8, 2023101
- HARTFORD MUTUAL FUNDS, INCSC 13G, 1 filing Feb 11, 2022102
- Wellington Management CompanySC 13G/A, 1 filing Oct 8, 2021103
Stakes it holds
OPENLANE, Inc. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).
- CarLotz, Inc.SC 13G/A Feb 14, 2022104
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Peter KellyChief Executive Officer | 57 | $773.0K | $10.2M105 |
| 2025 | James CoyleExecutive Vice President and President, Marketplace | $600.0K | $4.1M105 | |
| 2025 | Brad HerringExecutive Vice President and Chief Financial Officer | $315.2K | $3.4M105 | |
| 2025 | Chuck ColemanExecutive Vice President, Chief Legal Officer and Secretary | $473.1K | $2.2M105 | |
| 2025 | Will MitchellPresident of AFC | $418.3K | $1.7M105 | |
| 2025 | Brad LakhiaFormer Executive Vice President and Chief Financial Officer | $110.6K | $128.4K105 | |
| 2024 | Peter KellyChief Executive Officer | 57 | $773.0K | $7.4M105 |
| 2024 | James CoyleExecutive Vice President and President, Marketplace | $600.0K | $2.8M105 | |
| 2024 | Brad LakhiaFormer Executive Vice President and Chief Financial Officer | $575.0K | $2.4M105 | |
| 2024 | Chuck ColemanExecutive Vice President, Chief Legal Officer and Secretary | $468.0K | $1.4M105 | |
| 2024 | Will MitchellPresident of AFC | $365.8K | $1.0M105 | |
| 2023 | Peter KellyChief Executive Officer | 57 | $773.0K | $6.7M105 |
| 2023 | Brad LakhiaFormer Executive Vice President and Chief Financial Officer | $398.1K | $4.6M105 | |
| 2023 | James CoyleExecutive Vice President and President, Marketplace | $548.9K | $2.0M105 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 16,005,588 | $660.1M | 0.0% | +523,290 |
| Dimensional Fund Advisors LP | 6,534,272 | $269.5M | 0.0% | −193,678 |
| Vanguard Portfolio Management LLC | 6,039,351 | $249.1M | 0.0% | −49,879 |
| Hawk Ridge Capital Management LP | 4,967,144 | $204.8M | 6.7% | No change |
| Bank Of Montreal /can/ | 4,784,044 | $197.3M | 0.1% | −1,631,572 |
| Vanguard Capital Management LLC | 4,774,009 | $196.9M | 0.0% | −5,607 |
| State Street Corp | 4,251,435 | $175.3M | 0.0% | +173,837 |
| Neuberger Berman Group LLC | 3,745,361 | $154.6M | 0.1% | +223,805 |
| Geode Capital Management, LLC | 2,711,088 | $111.8M | 0.0% | +134,621 |
| American Century Companies Inc | 2,673,690 | $110.3M | 0.0% | +43,382 |
| Brown Advisory Inc | 2,019,137 | $83.3M | 0.1% | −148,168 |
| Invesco Ltd. | 1,870,693 | $77.1M | 0.0% | +183,375 |
| Fmr LLC | 1,839,340 | $75.9M | 0.0% | +224,803 |
| Morgan Stanley | 1,718,880 | $70.9M | 0.0% | −158,239 |
| Advisory Research Inc | 1,533,557 | $63.2M | 6.3% | +251,945 |
| Nuveen, LLC | 1,533,198 | $63.2M | 0.0% | +819,921 |
| Driehaus Capital Management LLC | 1,515,210 | $62.5M | 0.4% | +947,011 |
| Northern Trust Corp | 1,466,906 | $60.5M | 0.0% | −16,317 |
| Charles Schwab Investment Management Inc | 1,441,429 | $59.4M | 0.0% | −59,424 |
| No Street GP LP | 1,350,000 | $55.7M | 3.3% | No change |
| Jpmorgan Chase & Co | 1,252,540 | $52.2M | 0.0% | +927,585 |
| Woodline Partners LP | 1,167,458 | $48.1M | 0.1% | −640,162 |
| Park West Asset Management LLC | 1,124,348 | $46.4M | 3.2% | −121,515 |
| Fuller & Thaler Asset Management, Inc. | 1,063,762 | $43.9M | 0.1% | New |
| Mawer Investment Management Ltd. | 1,000,262 | $41.3M | 0.3% | −84,413 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How OPENLANE, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAROPENLANE, Inc.1
- CIK0001395942
- Employer ID (EIN)20-87447395
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 311
- Industry code (SIC)5500 Retail-Auto Dealers & Gasoline Stations1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address11299 N. Illinois Street, Carmel, IN 460321
- Phone(800) 923-37251
- Shares outstanding122,797,455 as of Jul 31, 202612
- Public float$2.6B as of Jun 30, 20255
- AuditorKPMG LLP, Indianapolis, IN PCAOB ID 185; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceJan 25, 20081
- Filings1,734 in all: 4 (1,074), 8-K (225), 3 (66), 10-Q (56), SC 13G/A (49), 424B3 (46), SC 13G (21), CT ORDER (20)1
All 48 form types
UPLOAD (20), 10-K (18), DEF 14A (16), CORRESP (15), 144 (14), EFFECT (8), 4/A (7), S-1/A (7), S-8 (6), ARS (5), SCHEDULE 13G/A (5), 10-Q/A (4), 424B7 (4), 5 (4), S-1 (4), SCHEDULE 13D/A (4), POS AM (3), SCHEDULE 13G (3), 3/A (2), 424B4 (2), 8-K/A (2), DEFA14A (2), FWP (2), S-3 (2), S-3ASR (2), SEC STAFF LETTER (2), 10-K/A (1), 424B2 (1), 5/A (1), 8-A12B (1), CERTNYS (1), NT 10-K (1), PRE 14A (1), RW (1), S-3/A (1), S-4 (1), S-4/A (1), SC 13D (1), SC 13D/A (1), SP 15D2 (1)
- Latest filingsAnnual report (10-K) Feb 18, 2026
Quarterly report (10-Q) Aug 4, 2026
Proxy statement (DEF 14A) Apr 24, 2026
Latest 8-K (8-K) Sep 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.01 per share | OPLN | New York Stock Exchange |
From the cover page of the 10-K filed Feb 18, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks OPENLANE, Inc. names in Item 1A of its 10-K filed Feb 18, 2026: 37 risks under these headings, as written.5
- Risks Related to Our Business and Operations
- If we are unable to successfully execute on our business strategy, or if our strategy proves to be ineffective, our business, financial performance and growth could be adversely affected.
- We may not properly leverage or make the appropriate investment in technology advancements.
- Our efforts to utilize emerging technology, including artificial intelligence, may not be successful, cost effective or compliant and may expose us to additional risks.
- Unsuccessful implementation of business initiatives to reduce costs and align our business to our digital operating model, or unintended consequences of the implementation of such initiatives, may adversely affect our business.
- We operate in a highly competitive industry. If we are not successful in competing with our known competitors and/or disruptive new entrants, then our market position or competitive advantage could be threatened and our business and results of operations could be adversely impacted.
- Decreases in the supply of used vehicles coming to the wholesale market has impacted and may continue to impact sales volumes, which has adversely affected and may continue to adversely affect our revenues and profitability.
- Used vehicle prices impact fee revenue per unit and conversion rates and may impact the supply of used vehicles, loan losses at AFC and could adversely affect our profitability.
- AFC is exposed to credit risk with our dealer borrowers, which could adversely affect our profitability and financial condition.
- We may be unable to meet our customers’ expectations, which could impact customer retention and adversely affect our operating results and financial condition.
- Our business and operating results would be adversely affected if we lose one or more significant customers.
- If we fail to attract and retain key personnel, or have inadequate succession planning, we may not be able to execute our business strategies and our financial results could be negatively affected.
The other 26 risks
- If we fail to effectively identify, value, manage, and complete acquisitions and subsequent integrations, divestitures and other strategic transactions, our operating results, financial condition and growth prospects could be adversely affected.
- Our expansion into markets outside the U.S. and our non-U.S. based operations subject us to unique operational, competitive and regulatory risks.
- Disruptions or breaches of information technology systems could adversely affect our business and reputation.
- Compliance with U.S. and global privacy and data security requirements could result in additional costs and liabilities, and the failure to comply with such requirements could adversely affect our business, financial condition and reputation.
- If we are unable to protect our intellectual property, the value of our brand and other intangible assets may be diminished, and our business may be adversely affected.
- We may be subject to patent or other intellectual property infringement claims, which could have an impact on our business or operating results due to a disruption in our business operations, the incurrence of significant costs and other factors.
- Reliance on third-party technology and vendors for key components of our business could adversely affect our business.
- Adverse economic conditions may negatively affect our business and results of operations.
- Macroeconomic conditions and geopolitical events may adversely affect our business, sources of liquidity and related costs of capital.
- Our indebtedness and the terms of our indebtedness could impair our financial condition and adversely affect our ability to react to changes in our business.
- A portion of our net income is derived from our international operations, which exposes us to foreign exchange risks that may impact our financial statements. In addition, increases in the value of the U.S. dollar relative to certain foreign currencies may negatively impact foreign buyer participation in our marketplaces.
- We may incur additional tax expense or become subject to additional tax liabilities.
- We are subject to a complex framework of federal, state, local and foreign laws and regulations, which have in the past, and could in the future, subject us to claims, challenge our business model, or otherwise harm our business.
- We are subject to risks associated with legal and regulatory proceedings. If the outcomes of these proceedings are adverse to us, it could have a material adverse effect on our business, financial condition and results of operations.
- Environmental, health and safety risks could adversely affect our operating results and financial condition.
- Our insurance may not provide adequate coverage against claims and losses, and we are partially self-insured for certain losses.
- We assume settlement risk and inventory risk for certain vehicles sold through our marketplaces.
- Risks Related to Ownership of Our Common Stock
- The market price and trading volume of our common stock may be volatile, which could result in rapid and substantial losses for our stockholders and could expose us to securities class action litigation.
- The issuance of shares of our Series A Preferred Stock reduces the relative voting power of holders of our common stock, and the conversion and sale of those shares would dilute the ownership of such holders and may adversely affect the market price of our common stock.
- Apax and the other holders of our Series A Preferred Stock may exercise influence over us.
- Our Series A Preferred Stock has rights, preferences and privileges that are not held by, and are preferential to, the rights of our common stockholders, which could adversely affect our liquidity and financial condition, and may result in the interests of the holders of our Series A Preferred Stock differing from those of our common stockholders.
- Future offerings of debt or equity securities, which would rank senior to our common stock, may adversely affect the market price of our common stock.
- The market price of our common stock could be negatively affected by sales of substantial amounts of our common stock in the public market.
- Provisions in our amended and restated certificate of incorporation and by-laws, and of Delaware law, may prevent or delay an acquisition of us, which could decrease the trading price of our common stock.
- You may not receive any future dividends on our common stock.
- Our share repurchase program could affect the price of our common stock and increase volatility. In addition, it may be suspended or discontinued at any time, which could result in a decrease in the trading price of our common stock.
Legal proceedings
We are involved in litigation and disputes arising in the ordinary course of business. Although the outcome of litigation cannot be accurately predicted, based on evaluation of information presently available, our management does not currently believe that the ultimate resolution of these actions will have a material adverse effect on our financial condition, results of operations or cash flows.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGAROPENLANE, Inc. filings on SEC EDGAR
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- 3SEC EDGAROPENLANE, Inc. filings on SEC EDGAR
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- 6SEC EDGAROPENLANE, Inc. 10-K for fiscal 2025
- 7SEC EDGAROPENLANE, Inc. 10-K for fiscal 2019
- 8SEC EDGAROPENLANE, Inc. 10-K for fiscal 2020
- 9SEC EDGAROPENLANE, Inc. 10-K for fiscal 2021
- 10SEC EDGAROPENLANE, Inc. 10-K for fiscal 2022
- 11SEC EDGAROPENLANE, Inc. 10-Q for fiscal 2026
- 12SEC EDGAROPENLANE, Inc. 10-Q for fiscal 2026
- 13SEC EDGAROPENLANE, Inc. 10-K for fiscal 2019
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- 17SEC EDGARKelly Peter, Chief executive officer
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- 22SEC EDGARJames P. Hallett, Chair
- 23SEC EDGARJustin T. Davis, President
- 24SEC EDGARKelly Peter, President
- 25SEC EDGARJames E. Money Ii., President
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- 44SEC EDGARJohn R. Nordin, EVP & CIO
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- 46SEC EDGARKelly L. Groh, Board member
- 47SEC EDGARDavid W. Hult, Board member
- 48SEC EDGARRandolph Altschuler, Board member
- 49SEC EDGARKelly Peter, Board member
- 50SEC EDGARCarmel Galvin, Board member
- 51SEC EDGARRoy Mackenzie, Board member
- 52SEC EDGARStefan Jacoby, Board member
- 53SEC EDGARDavid Didomenico, Board member
- 54SEC EDGARJ. Mark Howell, Board member
- 55SEC EDGARTodd F. Bourell, Board member
- 56SEC EDGARJohn P. Larson, Board member
- 57SEC EDGARLynn Jolliffe, Board member
- 58SEC EDGARMark E. Hill, Board member
- 59SEC EDGARRyan M. Birtwell, Board member
- 60SEC EDGARDonna R. Ecton, Board member
- 61SEC EDGARMichael T. Kestner, Board member
- 62SEC EDGARKelly J. Barlow, Board member
- 63SEC EDGARChurch M. Moore, Board member
- 64SEC EDGARDavid J. Ament, Board member
- 65SEC EDGARGregory P. Spivy, Board member
- 66SEC EDGARJonathan P. Ward, Board member
- 67SEC EDGARPeter R. Formanek, Board member
- 68SEC EDGARRobert M. Finlayson, Board member
- 69SEC EDGARSanjeev K. Mehra, Board member
- 70SEC EDGARThomas J. Carella, Board member
- 71SEC EDGARPeter H. Kamin, Board member
- 72SEC EDGARCharles S. Coleman, General counsel
- 73SEC EDGARRebecca C. Polak, General counsel
- 74SEC EDGAREntered a material agreement
- 75SEC EDGAROther events
- 76SEC EDGARResults of operations
- 77SEC EDGARExecutive or director change
- 78SEC EDGARShareholder vote
- 79SEC EDGARBylaws or fiscal year changed
- 80SEC EDGARResults of operations
- 81SEC EDGARRegulation FD disclosure
- 82SEC EDGARResults of operations
- 83SEC EDGARExecutive or director change
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- 85SEC EDGARResults of operations
- 86NasdaqNasdaq calendar
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