OPENLANE beats revenue estimates despite earnings miss

OPENLANE (NYSE:OPLN) reported fourth-quarter revenue that exceeded Wall Street expectations, though higher costs and a difficult Canadian market led to an earnings miss for the digital vehicle marketplace operator.

The company posted fourth-quarter revenue of $494.3 million, an 8.6 percent increase from the same period last year, surpassing the $473.4 million consensus estimate.

The growth was primarily driven by the company’s dealer-to-dealer business, which saw volume increase 9 percent year-over-year.

However, adjusted earnings per share came in at 25 cents, falling short of the 30-cent average estimate from analysts surveyed by Zacks Investment Research.

On a GAAP basis, the company reported a fourth-quarter profit of $59.5 million.

However, due to significant non-recurring items—including a $247.5 million deemed dividend related to the repurchase and retirement of Series A Preferred Stock—OPENLANE reported a net loss of $1.77 per share for the quarter.

For the full year 2025, revenue reached $1.93 billion, an 8 percent increase over 2024, with total net income of $177.7 million.

Looking forward, OPENLANE issued optimistic guidance for 2026.

The company expects full-year adjusted operating earnings in the range of $1.24 to $1.38 per share.

Additionally, management projects adjusted EBITDA to land between $350 million and $370 million.