OPLN: SEC Form 10-Q filed by OPENLANE Inc.
OPENLANE 10-Q for Q3 2026: SaaS and other revenue up 10% to $214.8M for nine months; $113.0M buyback capacity left.
What this filing says
OPENLANE filed its quarterly report for the period ended September 30, 2026. The filing shows a reclassified revenue presentation that splits results into Auction and related fees and SaaS and other revenue, with SaaS and other revenue rising 10% over the nine-month comparison. For a shareholder, the report also notes about $113.0 million remaining under the 2025 share repurchase program, which expires December 31, 2026.
Key figures
- SaaS and other revenue, nine months 2026
- $214.8 million
- SaaS and other revenue increase
- $19.8 million, or 10%
- Repurchase authorization approved April 2025
- $250 million
- Remaining repurchase capacity at September 30, 2026
- $113.0 million
- Shares outstanding as of October 31, 2026
- 121,414,234 shares
Positive for shareholders
- SaaS revenues grew $11.2 million and other repossession revenue grew $9.8 million on higher repossession volumes.
- About $113.0 million remains available under the 2025 buyback program.
Negative for shareholders
- Transportation revenue fell $1.2 million due to a lower transportation attach rate.
- The revenue line items were restated, so year-over-year comparisons require reading the reclassification note.
Written by Quantisnow AI from this filing. Not financial advice.
Key terms
- Repurchase authorization:
- Board approval allowing the company to buy back its own shares up to a set dollar amount over a set period.
- Attach rate:
- The share of transactions on which an add-on service, here transportation, is also sold.
- SaaS:
- Software offered as a subscription, billed on an ongoing basis rather than as a one-time sale.
- Adjusted EBITDA:
- Earnings before interest, taxes, depreciation and amortization, further adjusted for specific items, used here to measure performance for lenders.
FAQ
How much did OPENLANE's SaaS and other revenue grow in the first nine months of 2026?
SaaS and other revenue rose $19.8 million, or 10%, to $214.8 million compared with the same nine months of 2025, according to the filing.
How much buyback capacity does OPENLANE have left?
At September 30, 2026, approximately $113.0 million of common stock remained available for repurchase under the 2025 share repurchase program.
Historical context for OPLN
Across the 15 sessions after earlier OPLN headlines, the stock closed higher 10 times and lower 5 times, with a median move of 2.7% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | OPLN | SPY |
|---|---|---|---|
| Nov 4, 2026 | OPENLANE, Inc. Reports Third Quarter 2026 Financial Results | -5.5% | +1.7% |
| Oct 8, 2026 | OPENLANE to Announce Third Quarter 2026 Earnings | +2.6% | -0.4% |
| Aug 12, 2026 | OPENLANE Announces Pricing of Secondary Offering of Common Stock, Including Concurrent Share Repurchaseand 1 other headline that session | -3.2% | +0.3% |
| Aug 4, 2026 | OPENLANE, Inc. Reports Second Quarter 2026 Financial Results | -2.7% | +1.8% |
| Jul 9, 2026 | OPENLANE to Announce Second Quarter 2026 Earnings | +3.0% | +0.8% |
| Jun 22, 2026 | OPENLANE Announces Participation in Upcoming Investor Conference | +1.2% | -0.3% |
Keep researching OPLN
- OPLN financial statementsRevenue, profit, cash flow and balance sheet from OPENLANE Inc.'s SEC filings.
- What is Form 10-Q?The quarterly report US public companies file with the SEC for each of the first three fiscal quarters, with unaudited financial statements and MD&A.
- Form 10-K vs 10-QThe difference between a 10-K and a 10-Q: what each report contains, filing deadlines by company size, audited vs reviewed financials, and which sections to read first.
- OPLN insider tradesEvery buy and sale reported by OPENLANE Inc. officers, directors and large holders.
- OPLN earnings historyPast OPENLANE Inc. earnings releases, newest first.
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Retail-Auto Dealers and Gas Stations
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