The financials
Lithia Motors, Inc. by the numbers
Lithia Motors, Inc. (LAD) reported revenue of $9.27B in Q1 2026 (quarter ended March 31, 2026), up 1.0% from the same quarter a year earlier. That came with a gross margin of 15% and net income of $100M (1.1% of revenue). For the full year FY2025, revenue was $37.6B (+4.0% year on year) and net income $820M. Its largest product in 2026-Q1 was New Vehicle at $4.38B, 47% of the disclosed total, just ahead of Used Vehicle at 38%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $9.27B | $9.18B | +1.0% |
| Gross profit | $1.42B | $1.41B | +0.8% |
| Operating income | $336M | $406M | −17% |
| Net income | $100M | $210M | −52% |
| Diluted EPS | $4.28 | $7.94 | −46% |
| Product | Revenue | Share |
|---|---|---|
| New Vehicle | $4.38B | 47% |
| Used Vehicle | $3.49B | 38% |
| Aftersales | $1.04B | 11% |
| Finance And Insurance | $360M | 3.9% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $9.27B (-4.2%)
Used Vehicle grew +7.3% year on yearNew Vehicle -4.4% year on year
Segment Latestquarter on quarteryear on year
- New Vehicle$4.38B$4.38BQoQ -year on year -4.4%--4.4%
- Used Vehicle$3.49B$3.49BQoQ -year on year +7.3%-+7.3%
- Aftersales$1.04B$1.04BQoQ +0.56%year on year +6.1%+0.56%+6.1%
- Finance And Insurance$359.7M$359.7MQoQ -5.0%year on year -1.3%-5.0%-1.3%
- Fleet And Other--QoQ -year on year ---
- New Vehicle Retail--QoQ -year on year ---
- Used Retail Vehicle--QoQ -year on year ---
- Used Wholesale Vehicle--QoQ -year on year ---
Auto & Truck Dealerships
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