OPENLANE Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,935	1,789	1,696	1,529	1,451
Revenue Growth (YoY)	8.16%	5.47%	10.89%	5.42%	9.32%
Cost of Revenue	1,042	956.3	867.6	834.3	792.5
Gross Profit	892.8	832.2	828.1	694.9	658.1
Selling, General & Admin	436.3	397	414.3	436.3	420.7
Operating Expenses	570.4	546.5	575	555.1	530.6
Operating Income	322.4	285.7	253.1	139.8	127.5
Interest Expense	-128	-145.3	-155.8	-119.2	-125.7
Currency Exchange Gain (Loss)	9.3	-5.8	2.9	-2.5	-3.8
Other Non Operating Income (Expenses)	4.4	2.9	4.7	10.9	7.2
EBT Excluding Unusual Items	208.1	137.5	104.9	29	5.2
Merger & Restructuring Charges	-	-	-2	-	-
Impairment of Goodwill	-	-	-225.3	-	-
Gain (Loss) on Sale of Investments	-	0.4	-10.7	-7.1	33.4
Gain (Loss) on Sale of Assets	-7	31.6	-	33.9	-
Asset Writedown	-	-	-25.5	-	-
Other Unusual Items	-8.9	-11.6	12.1	-17.2	-24.3
Pretax Income	192.2	157.9	-146.5	38.6	14.3
Income Tax Expense	14.5	48	8.3	10	15.1
Earnings From Continuing Operations	177.7	109.9	-154.8	28.6	-0.8
Earnings From Discontinued Operations	-	-	0.7	212.6	67.3
Net Income	177.7	109.9	-154.1	241.2	66.5
Preferred Dividends & Other Adjustments	280.8	60.7	44.4	40.2	32.1
Net Income to Common	-103.1	49.2	-198.5	201	34.4
Net Income Growth	61.69%	-	-	262.71%	13200.00%
Shares Outstanding (Basic)	107	108	109	116	123
Shares Outstanding (Diluted)	107	109	109	116	123
Shares Change (YoY)	-2.11%	0.09%	-6.19%	-5.45%	-4.87%
EPS (Basic)	-0.96	0.46	-1.82	1.73	0.28
EPS (Diluted)	-0.96	0.45	-1.82	1.73	0.28
EPS Growth	-	-	-	523.49%	-
Free Cash Flow	336.5	238.4	183.4	-503.5	364.6
Free Cash Flow Per Share	3.15	2.18	1.68	-4.33	2.96
Gross Margin	46.15%	46.53%	48.84%	45.44%	45.37%
Operating Margin	16.67%	15.97%	14.93%	9.14%	8.79%
Profit Margin	-5.33%	2.75%	-11.71%	13.14%	2.37%
Free Cash Flow Margin	17.39%	13.33%	10.82%	-32.93%	25.13%
EBITDA	414.1	380.9	354.6	240	237.4
EBITDA Margin	21.41%	21.30%	20.91%	15.69%	16.37%
D&A For EBITDA	91.7	95.2	101.5	100.2	109.9
EBIT	322.4	285.7	253.1	139.8	127.5
EBIT Margin	16.67%	15.97%	14.93%	9.14%	8.79%
Effective Tax Rate	7.54%	30.40%	-	25.91%	105.59%
Revenue as Reported	1,935	1,789	1,696	1,529	1,451

Updated Feb 18, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.