Lithia Motors reported results for the 2026 quarter with revenue of $9.79B, net income of $260M and diluted EPS of $11.54, reflecting modest year‑over‑year revenue growth and improved per‑share earnings versus the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$9.79B$9.58B2.2% | Net income²$260M$256.1M1.5% | Diluted EPS³$11.54$9.8716.9% |
¹ Reported as “Total revenues”. ² Reported as “Net income attributable to Lithia Motors, Inc.”. ³ Reported as “Diluted earnings per share attributable to Lithia Motors, Inc. common stockholders”.
Business Highlights
- Revenue growth of about 2% was driven by acquisition-led increases in used-vehicle and aftersales volume.
- Continued omnichannel expansion: Driveway and GreenCars e-commerce platforms complement a 467-store physical network.
- Network and brand expansion: 10 locations acquired year-to-date, bringing the company to a 59-brand mix across the U.S., U.K. and Canada.
- Aftersales momentum: Customer-pay and warranty growth improved aftersales revenue and margins, supporting recurring profitability.
- Financing operations: Growth in the captive finance portfolio boosted interest margin and loan penetration, aiding vehicle sales.
Original SEC Filing:
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