Earnings Releases·Oct 30, 2026, 7:11 AM ET

AutoNation — Third Quarter 2026 Earnings Summary

Q3 2026 GAAP net income fell 25% to $162.3 million and diluted EPS declined 14% to $4.87, while revenue remained flat at $7.01 billion; however, Adjusted EPS rose 2% to $5.11, and YTD GAAP net income increased 15% to $549.8 million.
AutoNation Finance income surged 10X year-over-year to $35.5 million for the nine months ended September 30, 2026, with the portfolio growing over 40%, alongside record After-Sales gross profit.
Management announced a new $1.0 billion share repurchase authorization, bringing total YTD buybacks to $668 million (a 9% reduction in shares outstanding), citing a capital allocation strategy that strongly favors buybacks.
Liquidity stood at $1.5 billion as of September 30, 2026, supported by a credit agreement amendment increasing revolving capacity to $2.0 billion and extending maturity to 2031, while YTD Adjusted Free Cash Flow reached $739.0 million.