Openlane (OPLN) Operating Expenses (2010 - 2026)
Openlane (OPLN) recorded quarterly Operating Expenses of $454.1 million in Q1 2026, up 0.51% quarter-over-quarter from $451.8 million in Q4 2025, and up 11.19% on a YoY basis from $408.4 million in Q1 2025.
Openlane (OPLN) Operating Expenses (2010 - 2026) Analysis & Trends
Openlane's Operating Expenses history runs 17 years deep, the most recent figure standing at $454.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 11.19% year-over-year to $454.1 million; the TTM figure through Mar 2026 stood at $1.8 billion (up 9.99% YoY), while the FY2025 annual figure was $1.7 billion, up 8.19% from the prior year.
- Operating Expenses was $454.1 million for Q1 2026 at Openlane, up from $451.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $655.7 million in Q2 2023 to a low of $285.1 million in Q4 2022.
- Historically, Operating Expenses has averaged $410.3 million across 5 years, with a median of $397.5 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 81.18% in 2023, then tumbled 35.96% in 2024.
- A 5-year view of Operating Expenses shows it stood at $285.1 million in 2022, then surged by 34.23% to $382.7 million in 2023, then fell by 1.75% to $376.0 million in 2024, then rose by 20.16% to $451.8 million in 2025, then increased by 0.51% to $454.1 million in 2026.
- The last three Operating Expenses figures came in at $454.1 million (Q1 2026), $451.8 million (Q4 2025), and $443.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -21.22 Mn |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 690.00 Mn |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 611.31 Mn |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.04 Bn |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 842.20 Mn |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 242.63 Mn |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 98.70 Mn |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 454.10 Mn |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 601.60 Mn |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 Mn | 510.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 454.10 Mn |
| Dec 31, 2025 | 451.80 Mn |
| Sep 30, 2025 | 443.40 Mn |
| Jun 30, 2025 | 434.30 Mn |
| Mar 31, 2025 | 408.40 Mn |
| Dec 31, 2024 | 376.00 Mn |
| Sep 30, 2024 | 417.30 Mn |
| Jun 30, 2024 | 419.90 Mn |
| Mar 31, 2024 | 393.10 Mn |
| Dec 31, 2023 | 382.70 Mn |
| Sep 30, 2023 | 395.60 Mn |
| Jun 30, 2023 | 655.70 Mn |
| Mar 31, 2023 | 397.50 Mn |
| Dec 31, 2022 | 285.10 Mn |
| Sep 30, 2022 | 343.00 Mn |
| Jun 30, 2022 | 361.90 Mn |
| Mar 31, 2022 | 355.70 Mn |
| Dec 31, 2021 | 324.60 Mn |
| Sep 30, 2021 | 317.90 Mn |
| Jun 30, 2021 | 342.60 Mn |