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Lithia Motors LAD Used vehicles — Total cost of sales
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Where this comes from
Reported directly by Lithia Motors in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
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 |
|---|---|---|---|---|
| Total revenues | 9,791.3 | 9,583.0 | 19,062.7 | 18,761.2 |
| Cost of sales | ||||
| New vehicle retail | 4,545.2 | 4,390.1 | 8,665.0 | 8,677.1 |
| 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 |
Item 1. Financial Statements
FAQ
- What is Lithia Motors's used vehicles — total cost of sales?
- Lithia Motors (LAD) reported used vehicles — total cost of sales of $3.31B in Q2 2026.
- How has Lithia Motors's used vehicles — total cost of sales changed year-over-year?
- Lithia Motors's used vehicles — total cost of sales increased by 1.3% year-over-year, from $3.27B to $3.31B.
- What does used vehicles — total cost of sales mean?
- This metric captures the direct costs associated with acquiring, reconditioning, and preparing used vehicles for retail sale within a specific segment. It includes the purchase price of the inventory and the labor or parts required to bring vehicles to retail standards. Monitoring this cost provides insight into inventory procurement efficiency and the impact of vehicle acquisition strategies on overall segment profitability.
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