The financials
Lithia Motors, Inc. by the numbers
Lithia Motors, Inc. (LAD) reported revenue of $9.27B in Q1 2026 (quarter ended Mar 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 Jun 2026 was New Vehicle at $4.83B, 49% of the disclosed total, ahead of Used Vehicle at 36%.
| 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 | $4.83B | 49% |
| Used Vehicle | $3.53B | 36% |
| Aftersales | $1.07B | 11% |
| Finance And Insurance | $366M | 3.7% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $9.79B (+5.6%)
Aftersales grew +3.9% year on yearFinance And Insurance -2.0% year on year
Segment Latestquarter on quarteryear on year
- New Vehicle$4.83B$4.83BQoQ +10%year on year +2.7%+10%+2.7%
- Used Vehicle$3.53B$3.53BQoQ +1.1%year on year +1.4%+1.1%+1.4%
- Aftersales$1.07B$1.07BQoQ +2.3%year on year +3.9%+2.3%+3.9%
- Finance And Insurance$366.4M$366.4MQoQ +1.9%year on year -2.0%+1.9%-2.0%
Auto & Truck Dealerships
Ranks #8 of 14 by Smart Score