• Openlane Q1 2026 earnings call drew CEO Peter Kelly, CFO Brad Herring, Investor Relations VP Bill Wright.
• Revenue rose 15% to USD 528 million; adjusted EBITDA increased 17% to USD 97 million; cash flow from operations reached USD 160 million.
• Marketplace vehicles sold climbed 19%; GMV rose 32% to USD 9.1 billion; segment adjusted EBITDA grew 39% to USD 52 million, aided by higher U.S. commercial mix and platform scale benefits.
• U.S. dealer-to-dealer transactions grew in upper-20% range; commercial vehicles sold rose 25% on onboarding of a private label customer that launched mid-January, while management flagged EV conversion rates comparable to ICE and fewer EV payoffs pushing more units into higher-margin channels.
• Full-year adjusted EBITDA guidance increased to USD 365-385 million; DST repeal in Canada cut costs with USD 5.5-6 million annual benefit; 964,000 shares repurchased at average USD 27.2, with material debt paydowns not expected until later in 2026 or early 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Openlane Inc. published the original content used to generate this news brief on May 15, 2026, and is solely responsible for the information contained therein.