| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 8.5K | 8.3% | 11.1% |
| Total Income | 8.5K | 8.3% | 11.1% |
| Expenditure | 8.2K | 7.9% | 11.8% |
| PBT | 353.80 | 9.3% | 5.0% |
| Net Profit | 260.40 | 11.0% | 4.2% |
| OPM | 3.97% | 0.29pp | 0.58pp |
| NPM | 3.06% | 0.08pp | 0.20pp |
| EPS | 3.96 | 11.2% | 4.8% |
Penske Automotive Group Reports Q2 2026 Results: Revenue Increases 6% to $8.5 Billion
29 Jul 2026 · 29 Jul, 9:42 pm
Summary
Penske Automotive Group reported a 6% increase in revenue to $8.5 billion for the second quarter of 2026, driven by a 5% rise in total new and used automotive units delivered. Despite the revenue growth, net income attributable to common stockholders decreased slightly by 2.3% to $260.4 million, resulting in earnings per share of $3.96, down from $4.03 in the prior year. The company highlighted strong performance in its retail automotive segment with a 6% same-store revenue increase and an 80 basis point improvement in service and parts gross margin. Management expressed encouragement regarding the commercial truck market, noting improved freight environment trends and strong orders for Class 8 trucks.
Key Highlights
- 1
For the second quarter of 2026, revenue increased 6% to $8.5 billion compared to $8.0 billion for the same period in 2025.
- 2
Total new and used automotive units delivered increased 5% to over 125,000 in the second quarter of 2026.
- 3
Net income attributable to common stockholders was $260.4 million for the quarter, a decrease of 2.3% compared to $266.6 million in the prior year period.
- 4
Earnings per share was $3.96 for the second quarter of 2026, down from $4.03 in the same period of 2025.
- 5
Retail automotive same-store revenue increased 6% in the second quarter of 2026.
- 6
Service and parts gross margin increased by 80 basis points to 59.5% for the retail automotive segment in the second quarter of 2026.
- 7
The Company's retail commercial truck dealerships retailed 5,431 new and used units and generated $927.8 million in revenue for the second quarter of 2026.
Management Comments
Roger Penske
In the second quarter of 2026, our diversified business delivered over 125,000 retail automotive units and more than 5,400 commercial truck units. Retail automotive same-store revenue increased 6%. Retail automotive new and used vehicle gross profit per unit remained strong and consistent when compared to the first quarter of 2026, and service and parts gross margin increased by 80 basis points. Additionally, I am encouraged with the trends we are experiencing across the commercial truck market from an improved freight environment, driving strong orders of Class 8 trucks.
Informational and educational content only. Not investment advice.