For the quarter ending 2025-09-30, KAR made $498,400K in revenue. $47,900K in net income. Net profit margin of 9.61%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating revenues | 498,400 | 481,700 | 460,100 | 454,150 |
| Cost of services (exclusive of depreciation and amortization) | 270,200 | 254,400 | 241,600 | 192,650 |
| Provision for credit losses | - | 8,700 | 9,300 | 13,575 |
| Finance interest expense | 28,100 | 26,900 | 27,600 | 30,875 |
| Provision for credit losses | 11,500 | - | - | - |
| Gain on sale of business | - | - | - | 7,900 |
| Selling, general and administrative | 110,900 | 114,300 | 107,200 | 101,600 |
| Depreciation and amortization | 22,700 | 23,000 | 22,700 | 23,650 |
| Loss on sale of property | 0 | -7,000 | - | - |
| Total operating expenses | 443,400 | - | - | - |
| Operating profit | 55,000 | 47,400 | 51,700 | 26,600 |
| Interest expense | 1,100 | 3,100 | 4,000 | -25,450 |
| Other income, net | 2,200 | 7,400 | 5,000 | -2,950 |
| Income from continuing operations before income taxes | 56,100 | 51,700 | 52,700 | 49,100 |
| Income taxes | 8,200 | 18,300 | 15,800 | 13,700 |
| Income from continuing operations | 47,900 | 33,400 | 36,900 | 35,400 |
| Income from discontinued operations, net of income taxes | 0 | 0 | - | - |
| Net income | 47,900 | 33,400 | 36,900 | 35,400 |
| Net income per share - basic | 0.26 | 0.16 | 0.18 | 0.17 |
| Net income per share - diluted | 0.25 | 0.15 | 0.18 | 0.165 |
| Weighted average common shares outstanding | 106,700,000 | 107,500,000 | 107,200,000 | -54,400,000 |
| Weighted average common shares outstanding and potential common shares | 108,300,000 | 108,600,000 | 108,600,000 | -54,200,000 |
OPENLANE, Inc. (KAR)
OPENLANE, Inc. (KAR)