Openlane Inc. reported third quarter 2025 financial results with revenue of $498 million, an 8% year-over-year increase, and gross merchandise value (GMV) of approximately $7.3 billion, up 9% year-over-year. Marketplace dealer volume grew by 14% compared to the prior year. Auction fee revenue increased by 20%. Income from continuing operations was $48 million, representing a 69% year-over-year increase. Adjusted EBITDA was $87 million, up 17% year-over-year. Cash flow from operating activities totaled $72 million. The company raised its full year guidance for Adjusted EBITDA and Operating Adjusted EPS.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Openlane Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001395942-25-000067), on November 05, 2025, and is solely responsible for the information contained therein.