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% on a QoQ basis from 44.26% in Q4 2025.

Openlane (OPLN) Gross Margin (2010 - 2026) Analysis & Trends

Openlane (OPLN) has reported Gross Margin for 17 consecutive years, with 48.53% the latest figure, recorded in 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 came in at 48.53% for Q1 2026 at Openlane, 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.
  • Average Gross Margin over 5 years is 46.78%, with a median of 46.67% recorded in 2022.
  • Across the five-year window, Gross Margin soared 524 bps in 2023 and tumbled 433 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 45.82% in 2022, then grew by 8 bps to 49.57% in 2023, then slipped by 7 bps to 46.26% in 2024, then retreated by 4 bps to 44.26% in 2025, then climbed by 10 bps to 48.53% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 48.53%, 44.26%, and 45.79% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 19.76%
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 16.52%
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 10.66%
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 15.33%
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 18.48%
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 21.60%
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 37.12%
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 17.67%
10 Openlane 44.24 Mn 7.44 Mn 256.20 Mn 48.53%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 44.47%