The financials
Penske Automotive Group, Inc. by the numbers
Penske Automotive Group, Inc. (PAG) reported revenue of $7.86B in Q1 2026 (quarter ended March 31, 2026), down 1.1% from the same quarter a year earlier. That came with a gross margin of 17% and net income of $235M (3.0% of revenue). For the full year FY2025, revenue was $31.8B (−0.2% year on year) and net income $935M. Its largest product in 2026-Q1 was New Vehicle at $3.08B, 41% of the disclosed total, just ahead of Used Vehicle at 33%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $7.86B | $7.95B | −1.1% |
| Gross profit | $1.30B | $1.32B | −1.7% |
| Operating income | $289M | $329M | −12% |
| Net income | $235M | $258M | −9.0% |
| Diluted EPS | $3.56 | $3.86 | −7.8% |
| Product | Revenue | Share |
|---|---|---|
| New Vehicle | $3.08B | 41% |
| Used Vehicle | $2.43B | 33% |
| Service And Parts | $864M | 12% |
| New Truck | $401M | 5.4% |
| Agency Fleet And Wholesale | $391M | 5.3% |
| Finance And Insurance Net | $202M | 2.7% |
| Used Truck | $52M | 0.7% |
| Product And Service Other | $5.5M | 0.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $7.43B (+2.3%)
Used Vehicle grew +7.3% year on yearNew Truck -24% year on year
Segment Latestquarter on quarteryear on year
- New Vehicle$3.08B$3.08BQoQ +4.0%year on year -5.2%+4.0%-5.2%
- Used Vehicle$2.43B$2.43BQoQ +8.3%year on year +7.3%+8.3%+7.3%
- Service And Parts$863.9M$863.9MQoQ +5.6%year on year +4.6%+5.6%+4.6%
- New Truck$401.2M$401.2MQoQ -35%year on year -24%-35%-24%
- Agency Fleet And Wholesale$390.8M$390.8MQoQ +11%year on year +4.1%+11%+4.1%
- Finance And Insurance Net$202.3M$202.3MQoQ +3.3%year on year -1.5%+3.3%-1.5%
- Used Truck$52.2M$52.2MQoQ -14%year on year -18%-14%-18%
- Product And Service Other$5.5M$5.5MQoQ -14%year on year -11%-14%-11%
Auto & Truck Dealerships
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