Openlane (KAR) Q2 Revenue Jumps 9%
Openlane (NYSE:KAR), a leading digital marketplace operator for wholesale used vehicles, reported its second quarter 2025 earnings on August 6, 2025. The most notable news from the release was a significant beat on both the top and bottom line: GAAP revenue reached $482 million, handily outpacing the consensus estimate of $454.5 million.
Revenue increased 8.5% year-over-year in the second quarter.
Operating Adjusted earnings per share came in at $0.33, well above the $0.22 expected. The company’s performance reflects ongoing strength in its dealer-driven marketplace and digital transformation. Management raised its full-year 2025 guidance, citing ongoing gains in digital transaction volume and strong financial results. Overall, this quarter showed clear momentum in both growth and profitability for Openlane.
Source Fool.com
