The earnings call for OPENLANE's second quarter of 2025 reflects a strong performance with significant growth in revenue, adjusted EBITDA, and dealer-to-dealer volumes. The company also improved its financial position by paying off debt and increasing its guidance for the year. However, challenges such as declining commercial vehicle volumes, increased SG&A expenses, and potential tariff impacts present headwinds. Despite these challenges, the positive highlights significantly outweigh the lowlights.

Company Guidance -

Q3 2025

During the second quarter of 2025, OPENLANE reported a strong financial performance with a 9% increase in revenue and a 21% growth in adjusted EBITDA, amounting to $87 million. The company also experienced significant improvements in cash flow generation. In the Marketplace segment, OPENLANE saw a 21% increase in dealer-to-dealer volumes, marking the third consecutive quarter of double-digit growth. Auction fee revenue rose by 24%, while marketplace adjusted EBITDA grew by 36%. The Finance segment also performed well, with average managed receivables growing and the loan loss rate maintained at 1.5%, contributing to a 9% rise in adjusted EBITDA. As a result of these outcomes, OPENLANE has raised its 2025 guidance, adjusting the full-year EBITDA expectation from $290-$310 million to $310-$320 million and increasing the operating adjusted EPS guidance from $0.90-$1.00 to $1.12-$1.17 per share.

Strong Revenue Growth

OPENLANE delivered a strong second quarter with a consolidated revenue growth of 9% to $482 million, driven by the Marketplace segment.

Increase in Adjusted EBITDA

The company reported $87 million in adjusted EBITDA, representing a 21% growth and an adjusted EBITDA margin of 18%, reflecting a 190 basis points expansion.

Dealer-to-Dealer Volume Growth

Dealer-to-dealer volumes grew by 21% for the third straight quarter of double-digit increases, with auction fee revenue up by 24% and marketplace adjusted EBITDA up by 36%.

Enhanced Cash Flow and Financial Position

Consolidated adjusted free cash flow for the quarter was $87 million, indicating a 100% conversion rate. The company also paid off $210 million of its senior notes, leaving a net debt position of 0.

Guidance Raise

OPENLANE raised its 2025 guidance for adjusted EBITDA to a range of $310 million to $320 million and operating adjusted EPS to a range of $1.12 to $1.17 per share.

OPENLANE (KAR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KAR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	0.27 / -	0.26	―	―	―
Aug 06, 2025	2025 (Q2)	0.22 / 0.33	0.19	73.68% (+0.14)
May 07, 2025	2025 (Q1)	0.21 / 0.31	0.19	63.16% (+0.12)
Feb 19, 2025	2024 (Q4)	0.21 / 0.21	0.16	31.25% (+0.05)
Nov 06, 2024	2024 (Q3)	0.22 / 0.26	0.18	44.44% (+0.08)
Aug 07, 2024	2024 (Q2)	0.20 / 0.19	0.25	-24.00% (-0.06)
May 01, 2024	2024 (Q1)	0.21 / 0.19	0.12	58.33% (+0.07)
Feb 20, 2024	2023 (Q4)	0.13 / 0.16	0.33	-51.52% (-0.17)
Nov 01, 2023	2023 (Q3)	0.15 / 0.18	0.05	260.00% (+0.13)
Aug 02, 2023	2023 (Q2)	0.12 / 0.25	0.04	525.00% (+0.21)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KAR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$28.90	$28.00	-3.11%
May 07, 2025	$19.17	$21.77	+13.56%
Feb 19, 2025	$20.07	$20.91	+4.19%
Nov 06, 2024	$17.48	$19.56	+11.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does OPENLANE (KAR) report earnings?

OPENLANE (KAR) is schdueled to report earning on Nov 04, 2025, After Close (Confirmed).

What is OPENLANE (KAR) earnings time?

OPENLANE (KAR) earnings time is at Nov 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KAR EPS forecast?

KAR EPS forecast for the fiscal quarter 2025 (Q3) is 0.27.

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