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Lithia Motors LAD Operating Income

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Segments

By segment

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Vehicle Operations$296.1M-16.2%

Other financials

Income statement

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Revenue$9.8B+2.2%
Gross profit$1.5B+0.8%
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:OperatingIncomeLoss.

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
Finance operations income36.520.157.832.6
Selling, general and administrative1,014.71,014.72,052.11,967.4
Depreciation and amortization70.965.2140.7129.0
Operating profit448.3425.3784.1831.6
Floor plan interest expense(69.7)(55.0)(125.6)(112.0)
Other interest expense, net(62.7)(66.7)(132.9)(132.2)
Other income (expense), net36.248.5(31.5)49.3
Income before income taxes352.1352.1494.1636.7

Item 1. Financial Statements

FAQ

What is Lithia Motors's operating income?
Lithia Motors (LAD) reported operating income of $448.3M in Q2 2026.
How has Lithia Motors's operating income changed year-over-year?
Lithia Motors's operating income increased by 5.4% year-over-year, from $425.3M to $448.3M.
What is the long-term trend for Lithia Motors's operating income?
Over 4 years (2021 to 2025), Lithia Motors's operating income has grown at a -1.1% compound annual growth rate (CAGR), from $1.67B to $1.59B.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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