AutoNation, Inc. Q1 2026 Earnings Release

AutoNation, Inc. reported its first quarter 2026 results, with revenue of $6.6 billion, a decrease of 2% year-over-year. Diluted EPS was $5.85, up from $4.45 in the prior year, and Adjusted EPS was $4.69, a slight increase from $4.68. The company achieved record Q1 After-Sales gross profit and record Q1 Customer Financial Services gross profit per unit. AutoNation Finance saw substantial portfolio and profitability growth, with its portfolio reaching $2.4 billion. New and used vehicle unit profitability improved sequentially, offsetting a decline in unit sales. The company repurchased $300 million of its stock in Q1, reducing its share count by 4%. Liquidity stood at $1.6 billion as of March 31, 2026. Despite a 2% decrease in overall revenue, the company highlighted strong performance in after-sales and finance, alongside a significant share buyback program.