Openlane (OPLN) Gross Margin (2010 - 2026)
Openlane (OPLN) posted quarterly Gross Margin of 48.53% for Q1 2026, up 104.0% year-over-year from 23.79% in Q1 2025, and up 9.64% quarter-over-quarter from 44.26% in Q4 2025.
Openlane (OPLN) Gross Margin (2010 - 2026) Analysis & Trends
Openlane's Gross Margin history runs 17 years deep, the most recent figure standing at 48.53% for Q1 2026.
- In Q1 2026, Gross Margin rose 104.0% year-over-year to 48.53%; the TTM figure through Mar 2026 stood at 46.47% (up 58.0% YoY), while the FY2025 annual figure was 46.15%, down 38.0% from the prior year.
- Gross Margin for Q1 2026 stood at 48.53%, up from 44.26% in the prior quarter.
- The five-year high for Gross Margin was 50.24% in Q1 2024, with the low at 42.93% in Q1 2022.
- The 5-year median for Gross Margin is 46.67% (2022), against an average of 46.78%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 524 bps in 2023, then sank 433 bps in 2024.
- Openlane's Gross Margin stood at 45.82% in 2022, then rose by 8 bps to 49.57% in 2023, then declined by 7 bps to 46.26% in 2024, then slipped by 4 bps to 44.26% in 2025, then increased by 10 bps to 48.53% in 2026.
- Business Quant data shows OPLN's Gross Margin at 48.53% in Q1 2026, 44.26% in Q4 2025, and 45.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - | - |
| 2 | Carvana | 51.31 Bn | 48.57 Bn | 1.38 Bn | 18.76% |
| 3 | Penske Automotive | 14.31 Bn | 14.24 Bn | 1.36 Bn | 15.94% |
| 4 | Lithia Motors | 8.61 Bn | 8.25 Bn | 1.50 Bn | 15.29% |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn | 10.66% |
| 6 | Autonation | 7.02 Bn | 6.97 Bn | 1.23 Bn | 17.77% |
| 7 | Rush Enterprises Inc \Tx\ | 6.34 Bn | 6.08 Bn | 361.67 Mn | 19.04% |
| 8 | Autozi Internet Technology (Global) | 6.33 Bn | 6.14 Bn | - | - |
| 9 | Valvoline | 4.30 Bn | 4.22 Bn | 214.90 Mn | 39.46% |
| 10 | Openlane | 4.29 Bn | 4.10 Bn | 248.20 Mn | 44.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 44.75% |
| Mar 31, 2026 | 48.53% |
| Dec 31, 2025 | 44.26% |
| Sep 30, 2025 | 45.79% |
| Jun 30, 2025 | 47.19% |
| Mar 31, 2025 | 47.49% |
| Dec 31, 2024 | 46.26% |
| Sep 30, 2024 | 45.19% |
| Jun 30, 2024 | 44.59% |
| Mar 31, 2024 | 50.24% |
| Dec 31, 2023 | 49.57% |
| Sep 30, 2023 | 49.52% |
| Jun 30, 2023 | 48.12% |
| Mar 31, 2023 | 48.17% |
| Dec 31, 2022 | 45.82% |
| Sep 30, 2022 | 46.67% |
| Jun 30, 2022 | 44.85% |
| Mar 31, 2022 | 42.93% |
| Dec 31, 2021 | 45.71% |
| Sep 30, 2021 | 46.50% |