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Openlane Publishes Q3 2026 Earnings Call Transcript

PUBT·11/10/2026 15:04:07
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Openlane Publishes Q3 2026 Earnings Call Transcript
  • Openlane narrowed its 2026 adjusted EBITDA guidance to $390 million-$400 million from $385 million-$400 million.
  • The November 4 third-quarter earnings call featured CEO Peter Kelly, CFO Brad Herring and investor relations Vice President Bill Wright.
  • Quarterly adjusted EBITDA rose 23% to $107 million; revenue increased 13% to $561 million.
  • Management pulled planned 2027 investments forward, raising second-half incremental go-to-market spending to low double-digit millions to capture share following a competitor’s acquisition.
  • U.S. dealer volumes grew 22% despite weaker conversion rates; commercial volumes increased 46%, or 17% excluding a new private-label customer.


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 November 10, 2026, and is solely responsible for the information contained therein.