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Lithia Motors LAD Financing Operations — Lease income

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Other financials

Income statement

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Revenue$9.8B+2.2%
Gross profit$1.5B+0.8%
Operating income$448.3M+5.4%
Net income$260.0M+1.5%
EPS (diluted)$11.54+16.9%

Balance sheet

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Cash & equivalents$137.8M
Total debt$650.6M+6.7%
Total equity$6.4B-8.4%
Total assets$26.2B+8.6%

Cash flow

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Operating cash flow-$65.7M-806%
CapEx$56.3M-29.7%
Free cash flow-$122.0M

Valuation

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Market cap$8.1B+6.4%
P/E11.3×+2.8×
P/S0.2×0.0×

Profitability

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Gross margin15.2%-0.2pp
Operating margin4.1%-0.4pp
Net margin1.9%-0.5pp
FCF margin-1.3%

Returns & leverage

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Return on equity10.7%-2.7pp
Debt / equity0.1×0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Lithia Motors in its filing.

Tagged under the XBRL concept us-gaap:LeaseIncome.

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)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest and fee income116.498.8226.9193.2
Interest expense(53.5)(49.8)(105.2)(97.9)
Total interest margin62.949.0121.795.3
Lease income26.423.750.344.2
Lease costs(22.5)(18.6)(42.7)(35.4)
Lease income, net3.95.17.68.8
Provision expense(15.8)(21.2)(42.2)(46.7)
Other financing operations expenses2(14.5)(12.8)(29.3)(24.8)

Item 1. Financial Statements

FAQ

What is Lithia Motors's financing operations — lease income?
Lithia Motors (LAD) reported financing operations — lease income of $26.4M in Q2 2026.
How has Lithia Motors's financing operations — lease income changed year-over-year?
Lithia Motors's financing operations — lease income increased by 11.4% year-over-year, from $23.7M to $26.4M.
What is the long-term trend for Lithia Motors's financing operations — lease income?
Over 3 years (2022 to 2025), Lithia Motors's financing operations — lease income has grown at a 72.6% compound annual growth rate (CAGR), from $17.8M to $91.5M.
What does financing operations — lease income mean?
Gross revenue derived from leasing vehicles or equipment to customers through the financing operations segment. It represents the top-line performance of the company's leasing business model.

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