OPENLANE extends financing facilities: OPENLANE stock trades at EUR 31.10 versus EUR 31.10

Published on 10/02/2026 at 14:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OPENLANE stock costs EUR 31.10 on October 2, 2026 after EUR 31.10. Second-quarter revenue reached USD 554.60 million, up 15.00 percent year over year.

KAR, US48238T1097, Illustration mit AI erstellt.

OPENLANE stock trades at EUR 31.10 at Lang & Schwarz on October 2, 2026 at 2:34 p.m. CEST, unchanged from the prior close of EUR 31.10. On September 28, 2026, the company extended two receivables purchase facilities, with termination dates moving from January 31, 2028, to January 31, 2030, according to StockTitan.

Financing terms reach 2030

The amended agreements cover Automotive Finance Corporation and AFC Funding Corporation, as well as Automotive Finance Canada. The extension gives OPENLANE financing commitments that run two years beyond the previous January 31, 2028 termination date, while the Canadian facility runs to January 31, 2030, StockTitan reported on September 28, 2026.

The financing update matters because OPENLANE combines a digital wholesale vehicle marketplace with dealer floorplan lending. The company profile identifies its Marketplace and Finance activities as the two operating pillars, linking vehicle transactions with short-term inventory-backed loans.

Second-quarter growth set the bar

For the second quarter of 2026, revenue reached USD 554.60 million, up 15.00 percent from the same period a year earlier. Adjusted EBITDA rose 19.00 percent to USD 103.20 million, producing an 18.60 percent margin, while Marketplace revenue increased 19.00 percent to USD 447.30 million, according to StockTitan in its August 4, 2026 filing summary.

Management raised full-year 2026 guidance to USD 385 million to USD 400 million for Adjusted EBITDA and USD 1.40 to USD 1.50 for operating adjusted earnings per share. Gross merchandise value reached USD 10.50 billion in the second quarter, up 41.00 percent year over year, and total vehicles sold reached 481,000, showing that volume growth remains central to the outlook.

Price holds at EUR 31.10

At Lang & Schwarz, the stock was trading at EUR 31.10 on October 2, 2026 at 2:34 p.m. CEST, versus a prior close of EUR 31.10, for a change of 0.00 percent. TradingView identifies the security as OPENLANE, Inc., ticker OPLN, listed on the New York Stock Exchange, with ISIN US48238T1097 and a market capitalization of USD 4.3 billion as of September 28, 2026, according to TradingView.