KAR Auction Services (KAR) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

KAR Auction Services Revenue Highlights

Latest Revenue (Y)

$1.65B

Latest Revenue (Q)

$448.40M

Main Segment (Y)

Marketplace

Main Geography (Y)

UNITED STATES

KAR Auction Services Revenue by Period

KAR Auction Services Revenue by Year

Date	Revenue	Change
2023-12-31	$1.65B	8.27%
2022-12-31	$1.52B	-32.52%
2021-12-31	$2.25B	2.92%
2020-12-31	$2.19B	-21.36%
2019-12-31	$2.78B	-26.20%
2018-12-31	$3.77B	9.01%
2017-12-31	$3.46B	9.77%
2016-12-31	$3.15B	19.34%
2015-12-31	$2.64B	11.63%
2014-12-31	$2.36B	8.80%
2013-12-31	$2.17B	10.69%
2012-12-31	$1.96B	4.09%
2011-12-31	$1.89B	3.93%
2010-12-31	$1.81B	4.94%
2009-12-31	$1.73B	-2.36%
2008-12-31	$1.77B	60.63%
2007-12-31	$1.10B	-

KAR Auction Services generated $1.65B in revenue during NA 2023, up 8.27% compared to the previous quarter, and up 43.64% compared to the same period a year ago.

KAR Auction Services Revenue by Quarter

Date	Revenue	Change
2024-09-30	$448.40M	3.84%
2024-06-30	$431.80M	3.72%
2024-03-31	$416.30M	6.39%
2023-12-31	$391.30M	-6.01%
2023-09-30	$416.30M	-0.14%
2023-06-30	$416.90M	-0.88%
2023-03-31	$420.60M	12.82%
2022-12-31	$372.80M	-5.14%
2022-09-30	$393.00M	2.29%
2022-06-30	$384.20M	4.01%
2022-03-31	$369.40M	-32.76%
2021-12-31	$549.40M	2.65%
2021-09-30	$535.20M	-8.58%
2021-06-30	$585.40M	0.65%
2021-03-31	$581.60M	9.82%
2020-12-31	$529.60M	-10.78%
2020-09-30	$593.60M	41.67%
2020-06-30	$419.00M	-35.09%
2020-03-31	$645.50M	-3.84%
2019-12-31	$671.30M	-4.36%
2019-09-30	$701.90M	-2.39%
2019-06-30	$719.10M	-31.30%
2019-03-31	$1.05B	12.68%
2018-12-31	$929.00M	-0.48%
2018-09-30	$933.50M	-2.41%
2018-06-30	$956.60M	0.64%
2018-03-31	$950.50M	6.75%
2017-12-31	$890.40M	5.62%
2017-09-30	$843.00M	-1.75%
2017-06-30	$858.00M	-0.99%
2017-03-31	$866.60M	6.50%
2016-12-31	$813.70M	5.16%
2016-09-30	$773.80M	0.26%
2016-06-30	$771.80M	3.60%
2016-03-31	$745.00M	9.21%
2015-12-31	$682.20M	2.32%
2015-09-30	$666.70M	1.28%
2015-06-30	$658.30M	4.10%
2015-03-31	$632.40M	4.36%
2014-12-31	$606.00M	2.87%
2014-09-30	$589.10M	0.60%
2014-06-30	$585.60M	0.31%
2014-03-31	$583.80M	7.99%
2013-12-31	$540.60M	1.29%
2013-09-30	$533.70M	-1.42%
2013-06-30	$541.40M	-2.91%
2013-03-31	$557.60M	12.94%
2012-12-31	$493.70M	3.96%
2012-09-30	$474.90M	-2.66%
2012-06-30	$487.90M	-3.75%
2012-03-31	$506.90M	4.30%
2011-12-31	$486.00M	8.72%
2011-09-30	$447.00M	-5.01%
2011-06-30	$470.60M	-2.51%
2011-03-31	$482.70M	9.38%
2010-12-31	$441.30M	-0.90%
2010-09-30	$445.30M	-5.26%
2010-06-30	$470.00M	2.53%
2010-03-31	$458.40M	9.69%
2009-12-31	$417.90M	-2.84%
2009-09-30	$430.10M	-2.05%
2009-06-30	$439.10M	-0.77%
2009-03-31	$442.50M	11.69%
2008-12-31	$396.20M	-10.89%
2008-09-30	$444.60M	-5.10%
2008-06-30	$468.50M	1.38%
2008-03-31	$462.10M	49.02%
2007-06-30	$310.10M	-

KAR Auction Services generated $448.40M in revenue during Q3 2024, up 3.84% compared to the previous quarter, and up 107.56% compared to the same period a year ago.

KAR Auction Services Revenue Breakdown

KAR Auction Services Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Finance	$393.40M	$375.90M	-	-	-
Marketplace	$1.25B	$1.14B	-	-	-
ADESA Auctions	-	-	$1.96B	$1.92B	-
AFC	-	-	$289.20M	$31.40M	$35.20M
PWI	-	-	-	-	$34.20M

KAR Auction Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Marketplace (76.09%), and Finance (23.91%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19
Finance	$94.10M	$98.00M	$96.60M	$99.70M	$97.50M	$99.60M	$100.70M	$99.10M	$91.90M	-	-	-	-	-	-	-	-	-	-	-
Marketplace	$354.30M	$318.30M	$294.70M	$316.60M	$319.40M	$321.00M	$272.10M	$293.90M	$292.30M	-	-	-	-	-	-	-	-	-	-	-
ADESA Auctions	-	-	-	-	-	-	-	-	-	$285.20M	$470.20M	$459.60M	$516.80M	$515.80M	$526.70M	$362.20M	$567.00M	$613.60M	$632.40M	$599.70M
AFC	-	-	-	-	-	-	-	-	-	$84.20M	$79.20M	$75.60M	$68.60M	$65.80M	$66.90M	$56.80M	$78.50M	$88.30M	$86.70M	$89.90M
IAA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$357.20M

KAR Auction Services's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Marketplace (79.01%), and Finance (20.99%).

KAR Auction Services Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$1.03B	$992.90M	$1.65B	$1.72B	$2.27B
Non-US	$619.00M	$526.50M	$602.70M	$468.50M	$514.40M

KAR Auction Services's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (62.37%), and Non-US (37.63%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
UNITED STATES	$251.90M	$258.50M	$244.20M	$259.00M	$250.70M	$272.20M	$248.80M	$264.30M	$248.70M	$231.10M	$401.20M	$387.70M	$420.40M	$439.60M	$397.70M	$456.10M	$342.10M	$523.30M	$541.10M	$565.60M
Non-US	$196.50M	$157.80M	$147.10M	$157.30M	$166.20M	$148.40M	$124.00M	$128.70M	$135.50M	$138.30M	$148.20M	$147.50M	$165.00M	$142.00M	$131.90M	$137.50M	$76.90M	$122.20M	$130.20M	$136.30M

KAR Auction Services's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (56.18%), and Non-US (43.82%).

KAR Auction Services Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LAD	Lithia Motors	$31.04B	$9.22B
PAG	Penske Automotive Group	$29.53B	$7.59B
AN	AutoNation	$26.95B	$6.59B
GPI	Group 1 Automotive	$17.87B	$5.22B
ABG	Asbury Automotive Group	$14.80B	$4.24B
SAH	Sonic Automotive	$14.37B	$3.49B
RUSHA	Rush Enterprises	$7.93B	$1.90B
DRVN	Driven Brands	$2.30B	$611.57M
KAR	KAR Auction Services	$1.65B	$448.40M
CARG	CarGurus	$914.24M	$231.36M
CARS	Cars	$689.18M	$179.65M
KFS	Kingsway Financial Services	$103.24M	$27.14M

KAR Revenue FAQ

What is KAR Auction Services’s yearly revenue?

KAR Auction Services's yearly revenue for 2023 was $1.65B, representing an increase of 8.27% compared to 2022. The company's yearly revenue for 2022 was $1.52B, representing a decrease of -32.52% compared to 2021. KAR's yearly revenue for 2021 was $2.25B, representing an increase of 2.92% compared to 2020.

What is KAR Auction Services’s quarterly revenue?

KAR Auction Services's quarterly revenue for Q3 2024 was $448.4M, a 3.84% increase from the previous quarter (Q2 2024), and a 7.71% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $431.8M, a 3.72% increase from the previous quarter (Q1 2024), and a 3.57% increase year-over-year (Q2 2023). KAR's quarterly revenue for Q1 2024 was $416.3M, a 6.39% increase from the previous quarter (Q4 2023), and a -1.02% decrease year-over-year (Q1 2023).

What is KAR Auction Services’s revenue growth rate?

KAR Auction Services's revenue growth rate for the last 3 years (2021-2023) was -26.94%, and for the last 5 years (2019-2023) was -40.86%.

What are KAR Auction Services’s revenue streams?

KAR Auction Services's revenue streams in c 23 are Finance, and Marketplace. Finance generated $393.4M in revenue, accounting 23.91% of the company's total revenue, up 4.66% year-over-year. Marketplace generated $1.25B in revenue, accounting 76.09% of the company's total revenue, up 9.46% year-over-year.

What is KAR Auction Services’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of KAR Auction Services was Marketplace. This segment made a revenue of $1.25B, representing 76.09% of the company's total revenue.