OPENLANE, Inc.

OPENLANE operates a digital marketplace for wholesale used vehicles and provides related remarketing technology and financial services. The company functions through two reportable segments: Marketplace and Finance. Through its Marketplace segment, it offers digital trading platforms, customized software for commercial clients, vehicle inspections, logistics, repossession administration, and reconditioning. Through its Finance segment, primarily via its subsidiary AFC, it delivers short-term inventory-secured floorplan financing, loan servicing, and title solutions. Its customer base includes commercial sellers, such as vehicle manufacturers, captive finance companies, fleet operators, and rental agencies, alongside franchise and independent automotive dealerships acting as buyers and sellers.

Geographically, the company conducts operations across the United States, Canada, the United Kingdom, and continental Europe. In Canada, it maintains 14 vehicle logistics center locations that serve as regional operational facilities. Across North America, its finance business operates approximately 90 branch locations through a hybrid model of physical sites and a digital servicing network. The provided text does not disclose the location of corporate headquarters.

Summary of the business section of Openlane's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“At December 31, 2025, we had approximately 4,800 employees, of which approximately 2,000 were located in the U.S.”