OPENLANE, Inc.
- OPLN ยท NYSE
- Retail-Auto Dealers & Gasoline Stations
- Carmel, IN
- 4,800 employees
- CIK 0001395942
Updated from SEC filings through
Top things to know
Executives
- Peter Kelly CEO of OPENLANE 8-K, 2026-11-04
-
Peter J. Kelly Chief Executive Officer 4, 2026-08-26 - Brad Herring CFO of OPENLANE 8-K, 2026-11-04
- Bradley Herring EVP & CFO 4, 2026-05-28
- Chief Financial Officer Chief Financial Officer 10-K, 2026-02-18
- Dwayne P. Price Chief Accounting Officer 4, 2026-08-10
What leadership is saying
“The positive momentum OPENLANE sustained in the third quarter reinforces the strength of our strategy and the differentiated value we deliver to the market”
Earnings press release (8-K Ex. 99.1), filed November 4, 2026
OPENLANE, Inc. is a U.S. public company in retail-auto dealers & gasoline stations (SIC 5500), headquartered in Carmel, IN. It trades as OPLN on NYSE. Revenue was $1.9B in the fiscal year ending December 31, 2025, +8.2% from the year before. It reported about 4,800 employees. Peter Kelly is CEO of OPENLANE.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.9B 10-K, 2026-02-18 | $1.8B 10-K, 2026-02-18 | $1.7B 10-K, 2026-02-18 | $1.5B 10-K, 2025-02-20 | $1.5B 10-K, 2024-02-21 |
| Operating income | $197M 10-K, 2026-02-18 | $182M 10-K, 2026-02-18 | -$136M 10-K, 2026-02-18 | $94.7M 10-K, 2025-02-20 | $128M 10-K, 2024-02-21 |
| SG&A | $445M 10-K, 2026-02-18 | $409M 10-K, 2026-02-18 | $422M 10-K, 2026-02-18 | $436M 10-K, 2025-02-20 | $421M 10-K, 2024-02-21 |
| Net income | $178M 10-K, 2026-02-18 | $110M 10-K, 2026-02-18 | -$154M 10-K, 2026-02-18 | $241M 10-K, 2025-02-20 | $66.5M 10-K, 2024-02-21 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Peter Kelly | CEO of OPENLANE | 8-K, 2026-11-04 |
| Peter J. Kelly | Chief Executive Officer | 4, 2026-08-26 |
| Brad Herring CFO - OPENLANE (NYSE:OPLN) | CFO of OPENLANE | 8-K, 2026-11-04 |
| Bradley Herring | EVP & CFO | 4, 2026-05-28 |
| Chief Financial Officer | Chief Financial Officer | 10-K, 2026-02-18 |
| Dwayne P. Price Chief Accounting Officer at OPENLANE | Chief Accounting Officer | 4, 2026-08-10 |
| William Clyde Mitchell | President of AFC | 4, 2026-05-15 |
 James P. Coyle President@ OPENLANE | Global Executive & Enterprise Business Leader | Former Category Leader at Amazon | EVP & President, Marketplace | 4, 2026-05-08 |
| William C. Mitchell | President of AFC | 10-K, 2026-02-18 |
 Tobin P. Richer EVP, Marketing & Communications (NYSE: OPLN) | EVP Marketing & Communications | 4, 2026-05-11 |
| Charles S. Coleman | EVP, CLO & Secretary | 4, 2026-05-08 |
 J. Marty Nowlin | EVP, Human Resources | 4, 2026-02-25 |
What OPENLANE, Inc. does
OPENLANE is a leading digital marketplace for wholesale used vehicles operating in the United States, Canada and Europe.8 billion in 2025. GMV represents the total dollar value of vehicles sold through our marketplaces. Our portfolio of integrated technology, data analytics, financing, logistics and other remarketing solutions, combined with our vehicle logistics centers in Canada, power transactions on our marketplace and help advance our purpose: to make wholesale easy so our customers can be more successful.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 121.4 million (as of October 31, 2026) | 10-Q, November 4, 2026 |
|---|---|---|
| Public float | $2.6B (as of June 30, 2025) | 10-K, February 18, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting June 5, 2026 (filed April 24, 2026) | DEF 14A, April 24, 2026 |
| Auditor | Kpmg LLP (Indianapolis, IN) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 6, 2026 | Charles S. Coleman EVP, CLO & Secretary | Sale | 38,496 | $1.4M | Form 4, November 9, 2026 |
| November 5, 2026 | James P. Coyle EVP & President, Marketplace | Sale | 80,755 | $2.8M | Form 4, November 9, 2026 |
| August 24, 2026 | Peter J. Kelly Chief Executive Officer | Buy | 14,830 | $500K | Form 4, August 26, 2026 |
| May 14, 2026 | William Clyde Mitchell President of AFC | Sale | 6,500 | $234K | Form 4, May 15, 2026 |
| May 8, 2026 | Tobin P. Richer EVP Marketing & Communications | Sale | 4,000 | $153K | Form 4, May 11, 2026 |
| May 6, 2026 | Tobin P. Richer EVP Marketing & Communications | Sale | 66,709 | $2.4M | Form 4, May 8, 2026 |
| May 6, 2026 | James P. Coyle EVP & President, Marketplace | Sale | 15,000 | $537K | Form 4, May 8, 2026 |
| May 6, 2026 | Charles S. Coleman EVP, CLO & Secretary | Sale | 19,763 | $709K | Form 4, May 8, 2026 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-28
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-08-13
- Item 8.01 Other events
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-12
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-08
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-29
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- 8-K filed 2026-05-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-03
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-02-18
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about OPENLANE, Inc.
- What does OPENLANE, Inc. do?
- In its own words, from Item 1 of its 10-K: "OPENLANE is a leading digital marketplace for wholesale used vehicles operating in the United States, Canada and Europe.8 billion in 2025. GMV represents the total dollar value of vehicles sold through our marketplaces. Our portfolio of integrated technology, data analytics, financing, logistics and other remarketing solutions, combined with our vehicle logistics centers in Canada, power transactions on our marketplace and help advance our purpose: to make wholesale easy so our customers can be more successful."
- What is OPENLANE, Inc.'s revenue?
- $1.9B for the fiscal year ending December 31, 2025, from its 10-K filed February 18, 2026.
- Is OPENLANE, Inc. profitable?
- OPENLANE, Inc. reported net income of $178M for the fiscal year ending December 31, 2025.
- How many employees does OPENLANE, Inc. have?
- About 4,800 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of OPENLANE, Inc.?
- Peter Kelly, CEO of OPENLANE, as named in a 8-K filed November 4, 2026.
- Who is the CFO of OPENLANE, Inc.?
- Brad Herring, CFO of OPENLANE, as named in a 8-K filed November 4, 2026.
- Where is OPENLANE, Inc. headquartered?
- Carmel, IN.
- What is OPENLANE, Inc.'s stock ticker?
- OPLN on NYSE.
- What industry is OPENLANE, Inc. in?
- Retail-Auto Dealers & Gasoline Stations, SIC code 5500.
- What is OPENLANE, Inc.'s website?
- corporate.openlane.com. Investor relations: https://ir.corporate.openlane.com/investor-relations/default.aspx.
- When does OPENLANE, Inc. report earnings next?
- December 8, 2026 at 12:45. Source: sec_8k.
- Is OPENLANE, Inc. a public company?
- Yes. OPENLANE, Inc. files with the SEC under CIK 0001395942 and trades as OPLN.
- Who audits OPENLANE, Inc.?
- Kpmg LLP, Indianapolis, IN, as named in its latest annual report (10-K).
- How many shares of OPENLANE, Inc. are outstanding?
- 121.4 million shares as of October 31, 2026, from its 10-Q filed November 4, 2026.
- What is OPENLANE, Inc.'s public float?
- $2.6B as of June 30, 2025, as reported on the cover of its 10-K filed February 18, 2026.
- How many business segments does OPENLANE, Inc. report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 4, 2026.
- When is OPENLANE, Inc.'s annual shareholder meeting?
- June 5, 2026, per its proxy statement (DEF 14A) filed April 24, 2026.
- Have OPENLANE, Inc. insiders traded stock recently?
- Since August 7, 2025, officers and directors reported 11 open-market sales worth about $20.2M and 1 purchase worth about $500K on Forms 4 and 5. The most recent: Charles S. Coleman (EVP, CLO & Secretary) sold 38,496 shares on November 6, 2026.