OPENLANE Reports Q3 2026 Growth and Narrows Full-Year EBITDA Outlook
OPENLANE, Inc. (OPLN) reported strong third-quarter financial results, highlighted by a 13% increase in consolidated revenue and a 23% surge in adjusted EBITDA, which reached $107 million. The company also demonstrated improved liquidity, generating $97 million in cash from operations, representing a 34% year-over-year increase. Looking ahead to 2026, management has narrowed its adjusted EBITDA outlook to a range of $390 million to $400 million. To support future growth, the company plans to increase its go-to-market spending by low double-digit millions during the second half of the year.
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