OPENLANE, Inc.

For the period ended Sep 30, 2026. Filed Nov 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.

Sep 30, 2026 · Filed Nov 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

	September 30,2026	December 31,2025
Assets
Current assets
Cash and cash equivalents	$244.9	$141.5
Restricted cash	34.7	43.9
Trade receivables, net of allowances of $10.2 and $9.7	417.4	314.1
Finance receivables, net of allowances of $30.0 and $27.5	2,763.8	2,425.4
Other current assets	103.3	86.7
Total current assets	3,564.1	3,011.6
Other assets
Goodwill	1,234.8	1,243.5
Customer relationships, net of accumulated amortization of $457.6 and $459.2	90.3	102.7
Other intangible assets, net of accumulated amortization of $554.0 and $555.0	132.1	142.8
Operating lease right-of-use assets	54.5	57.9
Property and equipment, net of accumulated depreciation of $140.1 and $141.5	96.9	104.2
Other assets	56.5	61.6
Total other assets	1,665.1	1,712.7
Total assets	$5,229.2	$4,724.3

Consolidated Balance Sheets

(In millions, except share and per share data)

	September 30,2026	December 31,2025
Liabilities, Temporary Equity and Stockholders' Equity
Current liabilities
Accounts payable	$827.6	$665.8
Accrued employee benefits and compensation expenses	55.0	50.8
Accrued interest	11.0	11.3
Other accrued expenses	87.8	90.8
Income taxes payable	18.6	21.4
Obligations collateralized by finance receivables	2,064.1	1,758.3
Current maturities of long-term debt	5.5	5.5
Total current liabilities	3,069.6	2,603.9
Non-current liabilities
Long-term debt	528.7	530.1
Deferred income tax liabilities	0.5	0.6
Operating lease liabilities	49.0	53.0
Other liabilities	4.6	6.2
Total non-current liabilities	582.8	589.9
Commitments and contingencies (Note 9)
Temporary equity
Series A convertible preferred stock (Note 8)	—	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	919.5	692.8
Retained earnings	716.0	586.7
Accumulated other comprehensive loss	(59.9)	(39.9)
Total stockholders' equity	1,576.8	1,240.7
Total liabilities, temporary equity and stockholders' equity	$5,229.2	$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.