Quarterly ResultMay 8, 2026, 04:42 PM
O'Reilly Q1 Sales +10.2% to $4.56B; Net Income +12.2% to $604.2M; $922.9M Buyback
AI Summary
O'Reilly Automotive Inc. reported strong financial results for the first quarter of 2026, with sales increasing by 10.2% to $4.56 billion and net income rising by 12.2% to $604.2 million. The company also continued its share repurchase program, buying back $922.9 million in common stock during the quarter. Additionally, O'Reilly issued $850 million in new senior notes to support its financing activities.
Key Highlights
- Sales for Q1 2026 reached $4.56 billion, a 10.2% increase from $4.14 billion in Q1 2025.
- Net income for Q1 2026 was $604.2 million, up 12.2% from $538.5 million in Q1 2025.
- Basic earnings per share for Q1 2026 increased to $0.72 from $0.63 in Q1 2025.
- The company repurchased $922.9 million of common stock, totaling 9.982 million shares, in Q1 2026.
- O'Reilly issued $850 million aggregate principal amount of 5.100% Senior Notes due 2036.
- Net cash provided by operating activities was $1.03 billion in Q1 2026, up from $755.1 million in Q1 2025.
- As of March 31, 2026, $1.5 billion remained under the share repurchase authorization.
- Sales to professional service provider customers were $2.29 billion in Q1 2026.