Openlane (OPLN) Gross Margin (2010 - 2026)
Openlane (OPLN) recorded quarterly Gross Margin of 48.53% in Q1 2026, up 9.64% quarter-over-quarter from 44.26% in Q4 2025, and up 104.0% on a YoY basis from 23.79% in Q1 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 was 48.53% for Q1 2026 at Openlane, up from 44.26% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 50.24% in Q1 2024 to a low of 42.93% in Q1 2022.
- Historically, Gross Margin has averaged 46.78% across 5 years, with a median of 46.67% in 2022.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 524 bps in 2023, then slumped 433 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 45.82% in 2022, then gained by 8 bps to 49.57% in 2023, then fell by 7 bps to 46.26% in 2024, then dropped by 4 bps to 44.26% in 2025, then rose by 10 bps to 48.53% in 2026.
- The last three Gross Margin figures came in at 48.53% (Q1 2026), 44.26% (Q4 2025), and 45.79% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | 6.75% |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 19.76% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 10.18% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 15.33% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 18.48% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 21.60% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 37.12% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 48.53% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 16.24% |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 Mn | 17.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |