LITHIA MOTORS INC (LAD) Form 10-Q — Oct 28, 2026
Lithia Motors reported Q3 2026 revenue of $9.9 billion, up 2.8% year over year, with net income attributable to Lithia of $291.1 million and diluted EPS of $13.22 versus $8.61 a year earlier. Results were boosted by an $88.8 million investment gain; adjusted diluted EPS was $10.34 versus $9.50 in the prior-year quarter. Same-store revenue declined 1.4% in Q3 as new vehicle units fell 2.7% and new vehicle gross profit per unit dropped 6.0%, offset partly by stronger used vehicle and aftersales performance. Aftersales gross margin expanded 110 bps to 59.4%.
Key figures
- Eps
- 13.22
- Net Income
- 291100000
- Total Assets
- 26836000000
- Cash Position
- 108100000
- Shares Outstanding
- 21620296
- Ytd diluted eps
- 28.77
- Q3 dividend per share
- 0.7
- Total gross profit q3
- 1495800000
- Ytd share repurchases
- 624500000
- Adjusted q3 diluted eps
- 10.34
- Prior year q3 diluted eps
- 8.61
- Same store revenue change q3
- -1.4%
- Floor plan interest expense q3
- 70300000
- Remaining buyback authorization
- 535400000
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.