Quarterly ResultMay 1, 2026, 04:14 PM
AutoNation Q1 Net Income +17% to $205.4M; EPS $5.85
AI Summary
AutoNation, Inc. reported a 17.0% increase in net income to $205.4 million and a 31.5% rise in diluted earnings per share to $5.85 for the three months ended March 31, 2026, compared to the prior year. This growth occurred despite a 2.1% decrease in total revenue to $6,552.1 million. The company's AutoNation Finance income saw significant growth, and it repurchased $302.6 million of common stock during the quarter.
Key Highlights
- Net income increased 17.0% to $205.4 million from $175.5 million year-over-year.
- Diluted EPS rose 31.5% to $5.85 from $4.45 year-over-year.
- Total revenue decreased 2.1% to $6,552.1 million from $6,690.4 million.
- AutoNation Finance income surged to $9.4 million from $0.1 million.
- The company repurchased $302.6 million of common stock.
- New vehicle revenue declined 7.3% to $3,011.0 million.
- Parts and service revenue grew 4.9% to $1,220.9 million.
- Recognized a $54.0 million gain on equity investments.