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Lithia Motors LAD Gross Profit
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Where this comes from
Reported directly by Lithia Motors in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The source filing: Lithia Motors’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001023128-26-000051
| (In millions, except per share amounts; Unaudited) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Used vehicle retail | 3,314.3 | 3,273.0 | 6,616.0 | 6,334.8 |
| Aftersales | 434.4 | 434.8 | 862.6 | 853.9 |
| Total cost of sales | 8,293.9 | 8,097.9 | 16,143.6 | 15,865.8 |
| Gross profit | 1,497.4 | 1,485.1 | 2,919.1 | 2,895.4 |
| Finance operations income | 36.5 | 20.1 | 57.8 | 32.6 |
| Selling, general and administrative | 1,014.7 | 1,014.7 | 2,052.1 | 1,967.4 |
| Depreciation and amortization | 70.9 | 65.2 | 140.7 | 129.0 |
| Operating profit | 448.3 | 425.3 | 784.1 | 831.6 |
Item 1. Financial Statements
FAQ
- What is Lithia Motors's gross profit?
- Lithia Motors (LAD) reported gross profit of $1.5B in Q2 2026.
- How has Lithia Motors's gross profit changed year-over-year?
- Lithia Motors's gross profit increased by 0.8% year-over-year, from $1.49B to $1.5B.
- What is the long-term trend for Lithia Motors's gross profit?
- Over 4 years (2021 to 2025), Lithia Motors's gross profit has grown at a 7.7% compound annual growth rate (CAGR), from $4.26B to $5.73B.
- What does gross profit mean?
- Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.
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