Openlane (OPLN) Gross Margin (2010 - 2026)
Openlane (OPLN) posted Gross Margin of 44.75% for Q2 2026, down 7.79% on a QoQ basis from 48.53% in Q1 2026, and down 243.0% year-over-year from 31.3% in Q2 2025.
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Openlane (OPLN) Gross Margin (2010 - 2026) Analysis & Trends
Openlane has reported Gross Margin for 17 years, with the latest figure at 44.75% in Q2 2026.
- On a quarterly basis, Gross Margin fell 243.0% year-over-year to 44.75% in Q2 2026; TTM through Jun 2026 was 45.85%, a 70.0% decrease from a year earlier, with the FY2025 full-year figure at 46.15%, down 38.0% from the prior year.
- Gross Margin was 44.75% for Q2 2026 at Openlane, down from 48.53% 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 46.66%, with a median of 46.47% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 524 bps in 2023, then sank 433 bps in 2024.
- Over 5 years, Gross Margin stood at 45.82% in 2022, then advanced by 8 bps to 49.57% in 2023, then retreated by 7 bps to 46.26% in 2024, then declined by 4 bps to 44.26% in 2025, then rose by 1 bps to 44.75% in 2026.
- The last three Gross Margin figures came in at 44.75% (Q2 2026), 48.53% (Q1 2026), and 44.26% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 38.11% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 67.75% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 57.06% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 82.46% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 40.90% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 73.45% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 90.66% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 72.00% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Openlane | 4.21 Bn | 4.02 Bn | 248.20 Mn | 44.75% |
Historic Data
Download Data
Historic 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% |