“The decrease in finance interest expense was attributable to an approximately 0.7% decrease in the average interest rate on the securitization obligations, partially offset by an increase in the average balance on the AFC securitization obligations.”10-Q · Aug 4, 2026 ↗
OPENLANE, Inc.
OPLN
Market read
OPENLANE, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- Higher auction and service volumes supported results, while increased purchased vehicle sales contributed to lower gross-profit percentage.
Invalidation: The isolated read changes if OPLN's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Higher auction and service volumes supported results, while increased purchased vehicle sales contributed to lower gross-profit percentage.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +8.2% year over year.
- Net margin changed +3.0 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- P/E is 61% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 143% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
35.30Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The change in revenue included the impact of an increase in revenue of $15.2 million due to fluctuations in the euro and Canadian dollar exchange rates.”10-Q · Aug 4, 2026 ↗
“Selling, General and Administrative Selling, general and administrative expenses from the Marketplace segment increased $10.0 million, or 10%, to $109.9 million for the three months ended June 30, 2026, compared with $99.9 million for the three months ended J…”10-Q · Aug 4, 2026 ↗
“Gross profit as a percentage of revenue increased for the six months ended June 30, 2026 as compared with the six months ended June 30, 2025, primarily due to the reversal of the Canadian digital services tax, higher pricing and increased auction and service…”10-Q · Aug 4, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.0× · EV/sales 2.2×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for OPLN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for OPLN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind OPLN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
ACVAACV Auctions Inc.competitorFeb 18, 2026 ▾
“Our principal sources of competition primarily come from: (i) large, established competitors (e.g., Manheim, ADESA U.S.”
CVNACarvana Co.competitorFeb 18, 2026 ▾
“Our principal sources of competition primarily come from: (i) large, established competitors (e.g., Manheim, ADESA U.S.”
Depended on by
ACVAACV Auctions Inc.competitorFeb 23, 2026 ▾
“We mainly compete with large, national vehicle auction companies, such as Manheim, a subsidiary of Cox Enterprises, Inc., Adesa, a subsidiary of Carvana, and OPENLANE.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
OPLN is currently a Leader in the organic co-movement group Wholesale Auto Marketplaces. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for OPLN; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.