What is Lithia Motors's lease vehicles — contract liability?

Lithia Motors (LAD) reported lease vehicles — contract liability of $144.7M in Q2 2026.

What does lease vehicles — contract liability mean?

This metric represents the deferred revenue or unearned income associated with vehicle leasing arrangements within the specific business segment. It reflects the obligation to provide future services or lease usage for which payment has already been received from customers. Monitoring this balance provides insight into the future revenue pipeline and the scale of the company's active lease portfolio.

Lithia Motors (LAD) Lease Vehicles — Contract liability

Screener

Other product segments

Aftersales

$532.7M—

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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 ratio1×-0.2×

Where this comes from

Reported directly by Lithia Motors in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

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

$144.7 million and $136.4 million as of June 30, 2026, and December 31, 2025, respectively; we recognized $14.5

Item 1. Financial Statements

FAQ

What is Lithia Motors's lease vehicles — contract liability?: Lithia Motors (LAD) reported lease vehicles — contract liability of $144.7M in Q2 2026.
What does lease vehicles — contract liability mean?: This metric represents the deferred revenue or unearned income associated with vehicle leasing arrangements within the specific business segment. It reflects the obligation to provide future services or lease usage for which payment has already been received from customers. Monitoring this balance provides insight into the future revenue pipeline and the scale of the company's active lease portfolio.