OPENLANE, Inc.
KAR
Rank in Stocks
#5000
OPENLANE, Inc., established in 2006 and headquartered in Carmel, Indiana,... OPENLANE, Inc., established in 2006 and headquartered in Carmel, Indiana, functions as a leading digital ecosystem for the trading of pre-owned vehicles. This platform seamlessly connects both sellers and buyers across the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are strategically divided into two core areas: Marketplace and Finance. The Marketplace segment provides advanced digital solutions for automotive transactions, including the OPENLANE platform, which empowers dealerships with mobile app-enabled tools for efficient inventory sourcing and sales. Beyond its central trading capabilities, this division also furnishes a comprehensive array of supplementary services designed to streamline the vehicle transaction lifecycle. These include full-service logistics for transportation, reconditioning, thorough vehicle inspection and certification, title management, various administrative support tasks, and collateral recovery. Its diverse clientele encompasses commercial fleet operators, financial institutions, car rental agencies, new and used vehicle dealerships, and automotive manufacturers. Conversely, the Finance segment focuses on delivering short-term, inventory-backed lending solutions, specifically floorplan financing, predominantly to independent vehicle dealers. It also extends its services to other commercial and franchise dealer partners. Notably, the enterprise, previously known as KAR Auction Services, Inc., underwent a rebranding and officially became OPENLANE, Inc. in May 2023.
Share Price
$27.44
Last synced: 2026-03-17
Market Cap
$2.92B
Change (1 day)
3.98%
Change (1 year)
3.66%
Country
US
Trade OPENLANE, Inc. (KAR)
Category
Consumer Cyclical
Revenue for OPENLANE, Inc. (KAR)
Revenue in Jun 2026 TTM: $2.08B
According to OPENLANE, Inc. latest financial reports the company's current revenue (TTM) is $2.08B. In 2023 the company made a revenue of $1.65B an increase over the revenue in the year 2022 that was $1.53B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for OPENLANE, Inc. from 2007 to 2026
Revenue at the end of each year
| Year | Revenue | Change |
|---|---|---|
| 2026 (TTM) | $2.08B | 16.03% |
| 2024 | $1.79B | 8.72% |
| 2023 | $1.65B | 7.58% |
| 2022 | $1.53B | 5.42% |
| 2021 | $1.45B | 9.32% |
| 2020 | $1.33B | -52.30% |
| 2019 | $2.78B | -26.20% |
| 2018 | $3.77B | 9.01% |
| 2017 | $3.46B | 9.77% |
| 2016 | $3.15B | 19.34% |
| 2015 | $2.64B | 11.63% |
| 2014 | $2.36B | 8.80% |
| 2013 | $2.17B | 10.69% |
| 2012 | $1.96B | 4.09% |
| 2011 | $1.89B | 3.93% |
| 2010 | $1.82B | 4.94% |
| 2009 | $1.73B | -2.36% |
| 2008 | $1.77B | 60.63% |
| 2007 | $1.10B | 0.00% |
Revenue for similar companies or competitors
| Company | Revenue | Revenue Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| $32.92B | 1,486.26% |
US
|
|
| $9.38B | 352.24% |
BE
|
|
| - | - |
US
|
|
| $9.79B | 371.89% |
TW
|
