OPENLANE, Inc.

For the period ended Jun 30, 2026. Filed Aug 4, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 4, 2026

OPLN$34.90+1.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

	June 30,2026	December 31,2025
Assets
Current assets
Cash and cash equivalents	$189.7	$141.5
Restricted cash	28.1	43.9
Trade receivables, net of allowances of $9.6 and $9.7	391.2	314.1
Finance receivables, net of allowances of $30.0 and $27.5	2,621.1	2,425.4
Other current assets	98.4	86.7
Total current assets	3,328.5	3,011.6
Other assets
Goodwill	1,236.1	1,243.5
Customer relationships, net of accumulated amortization of $463.7 and $459.2	94.2	102.7
Other intangible assets, net of accumulated amortization of $570.9 and $555.0	135.2	142.8
Operating lease right-of-use assets	55.9	57.9
Property and equipment, net of accumulated depreciation of $139.4 and $141.5	98.0	104.2
Other assets	58.5	61.6
Total other assets	1,677.9	1,712.7
Total assets	$5,006.4	$4,724.3

Consolidated Balance Sheets

(In millions, except share and per share data)

	June 30,2026	December 31,2025
Liabilities, Temporary Equity and Stockholders' Equity
Current liabilities
Accounts payable	$802.9	$665.8
Accrued employee benefits and compensation expenses	42.8	50.8
Accrued interest	10.7	11.3
Other accrued expenses	85.4	90.8
Income taxes payable	15.9	21.4
Obligations collateralized by finance receivables	1,887.0	1,758.3
Current maturities of long-term debt	5.5	5.5
Total current liabilities	2,850.2	2,603.9
Non-current liabilities
Long-term debt	529.2	530.1
Deferred income tax liabilities	0.5	0.6
Operating lease liabilities	50.8	53.0
Other liabilities	4.5	6.2
Total non-current liabilities	585.0	589.9
Commitments and contingencies (Note 9)
Temporary equity
Series A convertible preferred stock	—	289.8
Stockholders' equity
Common stock, $0.01 par value:
Issued and outstanding shares:
December 31, 2025: 106,175,229	1.2	1.1
Additional paid-in capital	956.0	692.8
Retained earnings	671.3	586.7
Accumulated other comprehensive loss	(57.3)	(39.9)
Total stockholders' equity	1,571.2	1,240.7
Total liabilities, temporary equity and stockholders' equity	$5,006.4	$4,724.3

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.