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Lithia Motors LAD Vehicle Operations — Total gross profit

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Other financials

Income statement

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Revenue$9.3B+1.0%
Gross profit$1.4B+0.8%
Operating income$335.8M-17.4%
Net income$100.4M-52.1%
EPS (diluted)$4.28-46.1%

Balance sheet

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Cash & equivalents$137.8M
Total debt$651.8M+9.2%
Total equity$6.4B-5.5%
Total assets$25.7B+9.7%

Cash flow

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Operating cash flow-$108.4M-134%
CapEx$97.1M+41.3%
Free cash flow-$205.5M-181%

Valuation

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Market cap$6.72B-24.6%
P/E9.5×-1.1×
P/S0.2×-0.1×

Profitability

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Gross margin15.2%-0.1pp
Operating margin4%-0.4pp
Net margin1.9%-0.4pp
FCF margin-0.8%-0.3pp

Returns & leverage

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Return on equity10.8%-2.1pp
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:GrossProfit.

The official record: Lithia Motors’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lithia Motors's vehicle operations — total gross profit?
Lithia Motors (LAD) reported vehicle operations — total gross profit of $1.42B in Q1 2026.
How has Lithia Motors's vehicle operations — total gross profit changed year-over-year?
Lithia Motors's vehicle operations — total gross profit increased by 0.8% year-over-year, from $1.41B to $1.42B.
What is the long-term trend for Lithia Motors's vehicle operations — total gross profit?
Over 4 years (2021 to 2025), Lithia Motors's vehicle operations — total gross profit has grown at a 7.7% compound annual growth rate (CAGR), from $4.26B to $5.73B.
What does vehicle operations — total gross profit mean?
This is the difference between total revenue and the direct costs associated with acquiring and preparing vehicles for sale. It measures the fundamental profitability of the core automotive retail business before accounting for operating expenses.