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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%
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:NetIncomeLoss.

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, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income tax provision(90.5)(93.9)(130.4)(167.3)
Net income261.6258.2363.7469.4
Net income attributable to non-controlling interest(1.6)(2.1)(3.3)(3.8)
Net income attributable to Lithia Motors, Inc.$260.0$256.1$360.4$465.6
Basic earnings per share attributable to Lithia Motors, Inc. common stockholders$11.56$9.89$15.71$17.83
Shares used in basic per share calculations22.525.922.926.1
Diluted earnings per share attributable to Lithia Motors, Inc. common stockholders$11.54$9.87$15.68$17.80
Shares used in diluted per share calculations22.525.923.026.2

Item 1. Financial Statements

FAQ

What is Lithia Motors's net income?
Lithia Motors (LAD) reported net income of $260M in Q2 2026.
How has Lithia Motors's net income changed year-over-year?
Lithia Motors's net income increased by 1.5% year-over-year, from $256.1M to $260M.
What is the long-term trend for Lithia Motors's net income?
Over 4 years (2021 to 2025), Lithia Motors's net income has grown at a -6.2% compound annual growth rate (CAGR), from $1.06B to $819.6M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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