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Side-by-side financial comparison of OPENLANE, Inc. (OPLN) and SLM Corp (SLM). Click either name above to swap in a different company.

SLM Corp is the larger business by last-quarter revenue ($560.0M vs $494.3M, roughly 1.1× OPENLANE, Inc.). SLM Corp runs the higher net margin — 55.0% vs 12.0%, a 43.0% gap on every dollar of revenue. Over the past eight quarters, SLM Corp's revenue compounded faster (22.7% CAGR vs 7.2%).

OPENLANE, Inc. operates a leading global digital wholesale automotive marketplace platform. It connects vehicle sellers including dealerships, fleet operators, financial institutions, and rental firms with qualified professional buyers, facilitating efficient, transparent transactions for used, off-lease, and repossessed vehicles across North America, Europe, and key global markets.

Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.

OPLN vs SLM — Head-to-Head

Bigger by revenue
SLM
SLM
1.1× larger
SLM
$560.0M
$494.3M
OPLN
Higher net margin
SLM
SLM
43.0% more per $
SLM
55.0%
12.0%
OPLN
Faster 2-yr revenue CAGR
SLM
SLM
Annualised
SLM
22.7%
7.2%
OPLN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OPLN
OPLN
SLM
SLM
Revenue
$494.3M
$560.0M
Net Profit
$59.5M
$308.0M
Gross Margin
Operating Margin
8.6%
69.6%
Net Margin
12.0%
55.0%
Revenue YoY
8.6%
Net Profit YoY
13.8%
1.0%
EPS (diluted)
$-1.54
$1.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OPLN
OPLN
SLM
SLM
Q1 26
$560.0M
Q4 25
$494.3M
$377.1M
Q3 25
$498.4M
$373.0M
Q2 25
$481.7M
$376.8M
Q1 25
$460.1M
$375.0M
Q4 24
$455.0M
$362.2M
Q3 24
$459.8M
$359.4M
Q2 24
$443.8M
$372.2M
Net Profit
OPLN
OPLN
SLM
SLM
Q1 26
$308.0M
Q4 25
$59.5M
$233.2M
Q3 25
$47.9M
$135.8M
Q2 25
$33.4M
$71.3M
Q1 25
$36.9M
$304.5M
Q4 24
$52.3M
$111.6M
Q3 24
$28.4M
$-45.2M
Q2 24
$10.7M
$252.0M
Operating Margin
OPLN
OPLN
SLM
SLM
Q1 26
69.6%
Q4 25
8.6%
83.8%
Q3 25
11.0%
49.8%
Q2 25
9.8%
23.3%
Q1 25
11.2%
Q4 24
17.4%
36.5%
Q3 24
9.2%
-16.6%
Q2 24
5.4%
91.0%
Net Margin
OPLN
OPLN
SLM
SLM
Q1 26
55.0%
Q4 25
12.0%
61.8%
Q3 25
9.6%
36.4%
Q2 25
6.9%
18.9%
Q1 25
8.0%
81.2%
Q4 24
11.5%
30.8%
Q3 24
6.2%
-12.6%
Q2 24
2.4%
67.7%
EPS (diluted)
OPLN
OPLN
SLM
SLM
Q1 26
$1.54
Q4 25
$-1.54
$1.11
Q3 25
$0.25
$0.63
Q2 25
$0.15
$0.32
Q1 25
$0.18
$1.40
Q4 24
$0.28
$0.53
Q3 24
$0.12
$-0.23
Q2 24
$0.00
$1.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPLN
OPLN
SLM
SLM
Cash + ST InvestmentsLiquidity on hand
$141.5M
$5.2B
Total DebtLower is stronger
$550.0M
$6.2B
Stockholders' EquityBook value
$1.2B
$2.4B
Total Assets
$4.7B
$29.4B
Debt / EquityLower = less leverage
0.44×
2.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPLN
OPLN
SLM
SLM
Q1 26
$5.2B
Q4 25
$141.5M
$4.2B
Q3 25
$119.3M
$3.5B
Q2 25
$119.1M
$4.1B
Q1 25
$220.5M
$3.7B
Q4 24
$143.0M
$4.7B
Q3 24
$132.1M
$4.5B
Q2 24
$60.9M
$5.3B
Total Debt
OPLN
OPLN
SLM
SLM
Q1 26
$6.2B
Q4 25
$550.0M
$5.4B
Q3 25
$6.8B
Q2 25
$6.4B
Q1 25
$6.1B
Q4 24
$230.7M
$6.4B
Q3 24
$6.0B
Q2 24
$5.4B
Stockholders' Equity
OPLN
OPLN
SLM
SLM
Q1 26
$2.4B
Q4 25
$1.2B
$2.5B
Q3 25
$1.4B
$2.3B
Q2 25
$1.4B
$2.4B
Q1 25
$1.4B
$2.4B
Q4 24
$1.3B
$2.2B
Q3 24
$1.3B
$2.1B
Q2 24
$1.3B
$2.3B
Total Assets
OPLN
OPLN
SLM
SLM
Q1 26
$29.4B
Q4 25
$4.7B
$29.7B
Q3 25
$4.8B
$29.6B
Q2 25
$4.6B
$29.6B
Q1 25
$4.8B
$28.9B
Q4 24
$4.6B
$30.1B
Q3 24
$4.6B
$30.0B
Q2 24
$4.6B
$28.8B
Debt / Equity
OPLN
OPLN
SLM
SLM
Q1 26
2.53×
Q4 25
0.44×
2.19×
Q3 25
2.92×
Q2 25
2.70×
Q1 25
2.56×
Q4 24
0.17×
2.98×
Q3 24
2.83×
Q2 24
2.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPLN
OPLN
SLM
SLM
Operating Cash FlowLast quarter
$125.5M
Free Cash FlowOCF − Capex
$110.8M
FCF MarginFCF / Revenue
22.4%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
2.11×
TTM Free Cash FlowTrailing 4 quarters
$336.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPLN
OPLN
SLM
SLM
Q1 26
Q4 25
$125.5M
$-64.5M
Q3 25
$72.2M
$-49.3M
Q2 25
$71.6M
$-138.7M
Q1 25
$122.6M
$-146.1M
Q4 24
$32.7M
$4.5M
Q3 24
$122.4M
$-113.4M
Q2 24
$37.5M
$-143.8M
Free Cash Flow
OPLN
OPLN
SLM
SLM
Q1 26
Q4 25
$110.8M
Q3 25
$57.6M
Q2 25
$57.4M
Q1 25
$110.7M
Q4 24
$18.7M
Q3 24
$109.3M
Q2 24
$24.5M
FCF Margin
OPLN
OPLN
SLM
SLM
Q1 26
Q4 25
22.4%
Q3 25
11.6%
Q2 25
11.9%
Q1 25
24.1%
Q4 24
4.1%
Q3 24
23.8%
Q2 24
5.5%
Capex Intensity
OPLN
OPLN
SLM
SLM
Q1 26
Q4 25
3.0%
Q3 25
2.9%
Q2 25
2.9%
Q1 25
2.6%
Q4 24
3.1%
Q3 24
2.8%
Q2 24
2.9%
Cash Conversion
OPLN
OPLN
SLM
SLM
Q1 26
Q4 25
2.11×
-0.28×
Q3 25
1.51×
-0.36×
Q2 25
2.14×
-1.95×
Q1 25
3.32×
-0.48×
Q4 24
0.63×
0.04×
Q3 24
4.31×
Q2 24
3.50×
-0.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPLN
OPLN

Marketplace$384.7M78%
Finance$109.6M22%

SLM
SLM

Net Interest Income$375.0M67%
Noninterest Income$185.0M33%

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