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
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%