10-K · February 12, 2026
AutoNation describes a scale-driven omnichannel retail strategy focused on premium/import franchises, after-sales growth, and expansion of its captive finance business. 2025 showed modest revenue growth versus 2024…
Earnings analysis · 10-Q
AN earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
AutoNation, Inc. reported Q1 2026 results with revenue of $6.55 billion, missing estimates of $6.65 billion by 1.5%. However, EPS was above forecasts at $5.85 compared to the expected $4.63. Segment performance revealed…
Read full summary
AutoNation, Inc. reported Q1 2026 results with revenue of $6.55 billion, missing estimates of $6.65 billion by 1.5%. However, EPS was above forecasts at $5.85 compared to the expected $4.63. Segment performance revealed growth in used vehicles and parts/service, but declines in new vehicles and the Premium Luxury segment. Overall, management anticipates continued investment in service capabilities and adapting to market conditions.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $5.85
- Segment
- Domestic
- Segment
- Import
- Segment
- Premium Luxury
- Segment
- AutoNation Finance
What stood out
-
Solid EPS Beat
Reported EPS was $5.85, exceeding expectations of $4.63 by 26.4%.
-
Growth in Used Vehicle Revenue
Used vehicle revenue increased by $41.4 million to $1.96 billion, a growth of 2.2%.
-
Parts and Service Revenue Surged
Revenue from parts and service increased by $56.9 million to $1.22 billion, a rise of 4.9%.
-
Strong Operating Cash Flow
Net cash provided by operating activities was $22.2 million, compared to a use of $52.5 million during Q1 2025.
-
Decrease in Floorplan Interest Expense
Floorplan interest expense decreased by $4.7 million year-over-year to $41.8 million due to lower average interest rates.
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Increased AutoNation Finance Income
AutoNation Finance income jumped to $9.4 million from only $0.1 million in the prior year.
What to watch
-
Declining New Vehicle Sales
New vehicle sales dropped by 4,905 units or 7.9% year-over-year to 57,482.
-
Lower Gross Profit Margins
New vehicle gross profit decreased by 17.4% to $144.5 million, negatively affecting overall profitability.
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Increased SG&A Expenses
SG&A expenses rose by 2.5% to $842.2 million, primarily due to acquisitions and increased advertising costs.
Management's outlook
Revised outlook reflects improved market conditions in the automotive sector.
Earlier filings 4
10-Q · October 23, 2025
AutoNation reported Q3 revenue of $7,037.4 million, up $451.3 million (+6.9%) year-over-year and up modestly vs the prior quarter. Gross profit rose to $1,238.4 million but gross margin compressed to ~17.6% from ~18.0%…
10-Q · April 25, 2025
AutoNation reported modest revenue growth to $6,690.4 million (up $204.7 million vs. $6,485.7 million) with gross profit rising to $1,219.9 million but operating income slipping slightly to $336.0 million. Diluted EPS…
10-Q · August 1, 2024
AutoNation reported Q2 revenue of $6,480.4 million, down from $6,890.1 million a year ago, with gross profit declining to $1,163.1 million and operating income falling to $275.0 million. Diluted EPS from continuing…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.