| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 6.6K | 2.1% |
| Total Income | 6.6K | 2.1% |
| Expenditure | 6.2K | 1.8% |
| PBT | — | |
| Net Profit | 205.40 | 17.0% |
| OPM | 4.80% | 0.23pp |
| NPM | 3.13% | 0.51pp |
| EPS | 5.92 | 31.6% |
AutoNation Reports Q1 2026 Revenue of $6.6 Billion
03 May 2026 · 3 May, 5:15 pm
Summary
AutoNation reported a decrease in revenue for Q1 2026, totaling $6.6 billion, a 2% decrease compared to the previous year. EPS increased to $5.85 from $4.45 year-over-year, while adjusted EPS remained relatively flat at $4.69. The company actively repurchased shares, spending $300 million to buy back 1.5 million shares. AutoNation Finance experienced substantial portfolio growth, reaching $2.4 billion. Management highlighted record gross profit in After-Sales and record unit profitability in Customer Financial Services.
Key Highlights
- 1
AutoNation reported first quarter 2026 revenue of $6.6 billion, a decrease of 2% compared to the same period a year ago.
- 2
Q1 2026 EPS was $5.85, compared to $4.45 a year ago.
- 3
Adjusted EPS for Q1 2026 was $4.69, compared to $4.68 a year ago.
- 4
The company repurchased 1.5 million shares of common stock for $300 million in Q1 2026.
- 5
AutoNation Finance portfolio grew to $2.4 billion with improved profitability.
- 6
Same-store revenue decreased by 4% to $6,404.7 million compared to the year-ago period.
- 7
AutoNation had $1.6 billion of liquidity as of March 31, 2026.
Management Comments
Mike Manley
“We are pleased to report our strong first quarter results highlighted by record gross profit in After-Sales and record unit profitability in Customer Financial Services. Unit profitability for new and used vehicles increased sequentially. These gains largely offset expected year‑over‑year declines in unit sales. Adjusted earnings per share increased year-over-year for the fifth consecutive quarter, and strong cash flow conversion supported our continued deployment of capital toward share repurchases. AutoNation Finance continued to scale, growing its portfolio to $2.4 billion while improving profitability, credit performance, and debt funding. Our diversified earnings profile, flexible cost structure, and strong balance sheet and cash flows continue to support resilient performance and disciplined capital deployment to generate shareholder returns in a dynamic operating environment,” Manley concluded.
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