OPENLANE, Inc. (KAR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 494.3M | 498.4M | 481.7M | 460.1M | 492M | 448.4M | 443.8M | 429.9M | 391.3M | 416.3M | 416.9M | 420.6M | 372.8M | 393M | 384.2M | 369.4M | 549.4M | 347.1M | 376M | 369.8M |
| Revenue Growth % | 0.47% | 11.15% | 8.54% | 7.02% | 25.73% | 7.71% | 6.45% | 2.21% | 4.96% | 5.93% | 8.51% | 13.86% | -32.14% | 13.22% | 2.18% | -0.11% | 3.74% | -41.53% | -10.26% | -42.71% |
| Cost of Goods Sold | 225.9M | 292.9M | 281.3M | 241.6M | 368M | 252M | 277.8M | 246.5M | 204.8M | 216M | 222.6M | 224.2M | 202M | 209.6M | 211.9M | 210.8M | 323.2M | 185.7M | 208.8M | 203.8M |
| COGS % of Revenue | 45.7% | 58.77% | 58.4% | 52.51% | 74.8% | 56.2% | 62.6% | 57.34% | 52.34% | 51.89% | 53.39% | 53.3% | 54.18% | 53.33% | 55.15% | 57.07% | 58.83% | 53.5% | 55.53% | 55.11% |
| Gross Profit | 268.4M | 205.5M | 200.4M | 218.5M | 124M | 196.4M | 166M | 183.4M | 186.5M | 200.3M | 194.3M | 196.4M | 170.8M | 183.4M | 172.3M | 158.6M | 226.2M | 161.4M | 167.2M | 166M |
| Gross Margin % | 54.3% | 41.23% | 41.6% | 47.49% | 25.2% | 43.8% | 37.4% | 42.66% | 47.66% | 48.11% | 46.61% | 46.7% | 45.82% | 46.67% | 44.85% | 42.93% | 41.17% | 46.5% | 44.47% | 44.89% |
| Gross Profit Growth % | 116.45% | 4.63% | 20.72% | 19.14% | -33.51% | -1.95% | -14.57% | -6.62% | 9.19% | 9.21% | 12.77% | 23.83% | -24.49% | 13.63% | 3.05% | -4.46% | 10.77% | -38.84% | -9.08% | -33.84% |
| Operating Expenses | 256.4M | 120M | 153M | 166.8M | 140.2M | 123.2M | 142.1M | 146.6M | 129.1M | 133.8M | 388.8M | 131M | 83.1M | 133.4M | 150M | 144.9M | 180.7M | 132.2M | 133.8M | 134.2M |
| OpEx % of Revenue | 51.87% | 24.08% | 31.76% | 36.25% | 28.5% | 27.48% | 32.02% | 34.1% | 32.99% | 32.14% | 93.26% | 31.15% | 22.29% | 33.94% | 39.04% | 39.23% | 32.89% | 38.09% | 35.59% | 36.29% |
| Selling, General & Admin | 112.8M | 120M | 114.3M | 107.2M | 94.5M | 99.4M | 104.7M | 106.5M | 103.8M | 107.4M | 111.2M | 108M | 93M | 109.1M | 124.1M | 118.9M | 134.8M | 104.8M | 106.4M | 107.3M |
| SG&A % of Revenue | 22.82% | 24.08% | 23.73% | 23.3% | 19.21% | 22.17% | 23.59% | 24.77% | 26.53% | 25.8% | 26.67% | 25.68% | 24.95% | 27.76% | 32.3% | 32.19% | 24.54% | 30.19% | 28.3% | 29.02% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 12M | 85.5M | 47.4M | 51.7M | -16.2M | 73.2M | 23.9M | 36.8M | 57.4M | 66.5M | -194.5M | 65.4M | 87.7M | 50M | 22.3M | 13.7M | 45.5M | 29.2M | 33.4M | 31.8M |
| Operating Margin % | 2.43% | 17.15% | 9.84% | 11.24% | -3.29% | 16.32% | 5.39% | 8.56% | 14.67% | 15.97% | -46.65% | 15.55% | 23.52% | 12.72% | 5.8% | 3.71% | 8.28% | 8.41% | 8.88% | 8.6% |
| Operating Income Growth % | 174.07% | 16.8% | 98.33% | 40.49% | -128.22% | 10.08% | 112.29% | -43.73% | -34.55% | 33% | -972.2% | 377.37% | 92.75% | 71.23% | -33.23% | -56.92% | 227.34% | -66.2% | 810.64% | -22.06% |
| EBITDA | 35.3M | 108.2M | 70.4M | 74.4M | 6.8M | 97M | 48M | 61.1M | 82.7M | 92.9M | -167.7M | 88.4M | 111.7M | 74.3M | 48.2M | 39.7M | 91.4M | 56.6M | 60.8M | 58.7M |
| EBITDA Margin % | 7.14% | 21.71% | 14.61% | 16.17% | 1.38% | 21.63% | 10.82% | 14.21% | 21.13% | 22.32% | -40.23% | 21.02% | 29.96% | 18.91% | 12.55% | 10.75% | 16.64% | 16.31% | 16.17% | 15.87% |
| EBITDA Growth % | 419.12% | 11.55% | 46.67% | 21.77% | -91.78% | 4.41% | 128.62% | -30.88% | -25.96% | 25.03% | -447.93% | 122.67% | 22.21% | 31.27% | -20.72% | -32.37% | 41.71% | -57.41% | 45.45% | -33.67% |
| D&A (Non-Cash Add-back) | 23.3M | 22.7M | 23M | 22.7M | 23M | 23.8M | 24.1M | 24.3M | 25.3M | 26.4M | 26.8M | 23M | 24M | 24.3M | 25.9M | 26M | 45.9M | 27.4M | 27.4M | 26.9M |
| EBIT | 0 | 85.3M | 54.8M | 56.7M | -21.6M | 76.8M | 23.7M | 36.3M | 60.5M | 64.8M | -174.3M | 58.3M | 95.2M | 39.5M | 10.6M | 12.5M | 40.9M | 15.3M | 18.1M | 81.5M |
| Net Interest Income | 0 | -29.2M | -3.1M | -4M | 90.6M | -35.3M | -37.4M | -39.7M | -39.3M | -39.4M | -38.8M | -38.3M | -35.4M | -32.3M | -25.9M | -25.6M | -32.3M | -31.9M | -31M | -30.8M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200K | 100K |
| Interest Expense | 27.3M | 29.2M | 3.1M | 4M | -90.6M | 35.3M | 37.4M | 39.7M | 39.3M | 39.4M | 38.8M | 38.3M | 35.4M | 32.3M | 25.9M | 25.6M | 32.3M | 31.9M | 31.2M | 30.9M |
| Other Income/Expense | 19.7M | -29.4M | 4.3M | 1M | 85.2M | -31.7M | -5.7M | -7.6M | -36.2M | -41.1M | -18.6M | -45.4M | -27.9M | -42.8M | -37.6M | -26.8M | -36.9M | -45.8M | -46.3M | 18.9M |
| Pretax Income | 31.7M | 56.1M | 51.7M | 52.7M | 69M | 41.5M | 18.2M | 29.2M | 21.2M | 25.4M | -213.1M | 20M | 59.8M | 7.2M | -15.3M | -13.1M | 8.6M | -16.6M | -12.9M | 50.7M |
| Pretax Margin % | 6.41% | 11.26% | 10.73% | 11.45% | 14.02% | 9.26% | 4.1% | 6.79% | 5.42% | 6.1% | -51.12% | 4.76% | 16.04% | 1.83% | -3.98% | -3.55% | 1.57% | -4.78% | -3.43% | 13.71% |
| Income Tax | -27.8M | 8.2M | 18.3M | 15.8M | 16.7M | 13.1M | 7.5M | 10.7M | 7.6M | 12.7M | -19.3M | 7.3M | 17.9M | 6.7M | -9.9M | -4.7M | 3.5M | 10.3M | 2.4M | 24.5M |
| Effective Tax Rate % | -87.7% | 14.62% | 35.4% | 29.98% | 24.2% | 31.57% | 41.21% | 36.64% | 35.85% | 50% | 9.06% | 36.5% | 29.93% | 93.06% | 64.71% | 35.88% | 40.7% | -62.05% | -18.6% | 48.32% |
| Net Income | 59.5M | 47.9M | 33.4M | 36.9M | 52.3M | 28.4M | 10.7M | 18.5M | 14.3M | 12.7M | -193.8M | 12.7M | 37.1M | -5.8M | 210.2M | -300K | 5.1M | -1M | 11.5M | 50.9M |
| Net Margin % | 12.04% | 9.61% | 6.93% | 8.02% | 10.63% | 6.33% | 2.41% | 4.3% | 3.65% | 3.05% | -46.49% | 3.02% | 9.95% | -1.48% | 54.71% | -0.08% | 0.93% | -0.29% | 3.06% | 13.76% |
| Net Income Growth % | 13.77% | 68.66% | 212.15% | 99.46% | 265.73% | 123.62% | 105.52% | 45.67% | -61.46% | 318.97% | -192.2% | 4333.33% | 627.45% | -480% | 1727.83% | -100.59% | 129.82% | -102.12% | 135.6% | 1717.86% |
| Net Income (Continuing) | 59.5M | 47.9M | 33.4M | 36.9M | 52.3M | 28.4M | 10.7M | 18.5M | 13.6M | 12.7M | -193.8M | 12.7M | 41.9M | 500K | -5.4M | -8.4M | 5.1M | -26.9M | -15.3M | 26.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 700K | 0 | 0 | 0 | -1000K | -1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.55 | 0.25 | 0.15 | 0.18 | 0.29 | 0.12 | -0.00 | 0.05 | 0.02 | 0.01 | -1.77 | 0.01 | 0.13 | 0.00 | 1.28 | -0.07 | 0.04 | -0.01 | 0.01 | 0.25 |
| EPS Growth % | 89.66% | 108.33% | - | 250.88% | 1212.22% | 1000.92% | 99.79% | 370.64% | -83% | - | -238.28% | 115.75% | 225% | - | 12700% | -127.68% | 130.77% | -103.65% | 104% | 1150% |
| EPS (Basic) | 0.56 | 0.26 | 0.16 | 0.18 | 0.29 | 0.12 | -0.00 | 0.05 | 0.03 | 0.01 | -1.77 | 0.01 | 0.17 | 0.00 | 1.28 | -0.07 | 0.04 | -0.01 | 0.01 | 0.25 |
| Diluted Shares Outstanding | 108.3M | 108.3M | 107.18M | 107.35M | 106.85M | 109M | 108.6M | 109.2M | 144.7M | 109.9M | 109.6M | 109.9M | 145.7M | 114.6M | 119.5M | 121.4M | 127.5M | 119.3M | 122.7M | 129.7M |
| Basic Shares Outstanding | 106.7M | 106.7M | 107.18M | 107.35M | 106.85M | 108.6M | 108.6M | 108.3M | 108.04M | 109.2M | 109.6M | 109.3M | 108.91M | 114.6M | 119.5M | 121.4M | 121.16M | 119.3M | 122.7M | 129M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |