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Overview
KAR Global provides digital solutions for the automotive wholesale industry. It runs an online marketplace and related services that help OEMs, dealers, fleet operators, rental companies, and financial institutions buy and sell used vehicles. Its product mix includes vehicle inspections, data analytics, and digital marketplaces that connect buyers and sellers. The company makes money from transaction fees, subscription services, and value-added services offered on its platforms. KAR Global differentiates itself by offering end-to-end remarketing services at a global scale, combining inspection data, analytics, and online marketplaces to streamline remarketing operations. Its goal is to make the wholesale vehicle market more accessible and efficient for its clients worldwide.
About KAR Global
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
IPO
Headquarters
Carmel, Indiana
Founded
2006
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Simplify's Take
What believers are saying
- Q1 2026 revenue rose 15% to $527.9 million, with adjusted EBITDA of $96.7 million.
- OPENLANE raised 2026 adjusted EBITDA guidance to $385 million-$400 million after strong Q2 2026.
- Dealer-to-dealer volumes grew over 20% in Q4 2025, showing marketplace share gains.
What critics are saying
- AutoCanada and Manheim pressure marketplace pricing; differentiation narrows if volumes soften in 2026.
- ERP consolidation runs through late 2027, risking execution slippage, customer friction, and margin dilution.
- Debt restructuring cut free-cash-flow conversion guidance; leverage limits buybacks and deal flexibility.
What makes KAR Global unique
- OPENLANE Intelligence unifies AI pricing, inspections, and marketplace data across wholesale workflows.
- Dealer-to-dealer marketplace and AFC financing connect sourcing, purchase, and floorplan financing.
- National scale from Carmel, Indiana supports OEMs, dealers, fleets, rentals, and lenders.
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Funding
Total Funding
$690M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Tuition Reimbursement
Professional Development Budget
Stock Price
Growth & Insights and Company News
6 month growth
↓ -76%1 year growth
↓ -76%2 year growth
↓ -76%Digital vehicle marketplace OPENLANE reported second-quarter revenue of $554.6 million, beating analyst estimates of $531 million and marking 15.1% year-on-year growth. The company's adjusted earnings per share of $0.40 exceeded consensus estimates of $0.35. OPENLANE raised its full-year adjusted EPS guidance to $1.45 at the midpoint, a 7.4% increase. Full-year EBITDA guidance of $392.5 million surpassed analyst estimates of $379.3 million. The company's operating margin improved to 12.2% from 9.8% in the same quarter last year. However, free cash flow margin declined to 7% from 23.4% year on year. Analysts expect revenue to grow 8% over the next 12 months. OPENLANE operates digital marketplaces connecting used vehicle sellers and buyers across North America and Europe.
/PRNewswire/ -- OPENLANE, Inc. (f/k/a KAR Auction Services, Inc.) (NYSE: KAR) (the "Company"), today announced the results of its previously announced offer to...
CARMEL, Ind., April 19, 2023 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2023 financial results after the market closes on Tuesday, May 2, 2023.KAR will also host an earnings conference call and webcast on Wednesday, May 3, 2023, at 8:30 a.m. ET. The call will be hosted by KAR Chief Executive Officer Peter Kelly, EVP and Chief Financial Officer Brad Lakhia and Chief Accounting Officer Scott Anderson. The conference call may be accessed by calling 1-833-634-2155 and entering participant passcode "KAR." A live web cast will be available at the investor relations section of karglobal.com.Following the call, an archive of the webcast will be available for replay on the investor relations section of karglobal.com for a limited time.KAR ContactsMedia Inquiries: Analyst Inquiries: Laurie Dippold Mike Eliason (317) 468-3900 (317) 249-4559 [email protected] [email protected]About KARKAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions
KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced the company has named Brad Lakhia EVP and Chief Financial Officer.
KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced the company has named Brad Lakhia EVP and Chief Financial Officer.
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About KAR Global
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
IPO
Headquarters
Carmel, Indiana
Founded
2006
There are no jobs for KAR Global right now.
Find jobs on Simplify and start your career today